Target settles for $10 million over data breach - WMC Action News 5 - Memphis, Tennessee

Target settles for $10 million over data breach

Target settles for $10 million over data breach

The settlement will likely accept claims through a separate, dedicated web site, but it has yet to be launched. (Photo Source: WMC Action News 5) The settlement will likely accept claims through a separate, dedicated web site, but it has yet to be launched. (Photo Source: WMC Action News 5)
MEMPHIS, TN (WMC) -

Starting April 30, Target customers who believe they were victims of the retailer's nationwide data breach in 2013 may file claims for compensation through a class-action settlement.

Thursday, a Minnesota judge approved the settlement. Target will shell out $10 million to eligible customers who can prove they are among the 40 million consumers whose credit and debit card numbers were compromised. Each eligible customer may file for up to $10,000.

According to NBC News sources and affiliates, eligible customers will have to prove:

* Unauthorized Target charges to credit or debit cards from 2013 that were never reimbursed.

* Time spent addressing those charges.

* Documented fees to correct the charges.

* Costs to replace identification and/or Social Security cards.

The Minnesota-headquartered retailer and the U.S. Secret Service are still wrapping their heads around the massive, professional hack of its stores' point-of-sale terminals. Shortly after the breach, the WMC Action News 5 Investigators revealed how Target may have violated payment card industry standards in the breach. We also shared the steps Target customers should take if they thought their information was stolen.

The Associated Press reported the settlement will likely accept claims through a separate, dedicated web site, but it has yet to be launched. WMC Action News 5 will update this story when the site is ready to accept claims.

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