Topics

Cyber Crime
Home Depot faces dozens of lawsuits related to data breach
Home Depot faces dozens of lawsuits related to data breach

Home Depot Inc. faces at least 44 lawsuits in the U.S. and Canada over a massive data breach this year that affected 56 million debit and credit cards. The nation's biggest home improvement retailer said Tuesday in a regulatory filing that several state and federal agencies also are looking into the data breach and the company may face more litigation from customers, banks, shareholders and others. Home Depot said the litigation and the investigations may distract management and affect how it runs its business. It also could lead to additional costs and fines. But those expenses aren't clear yet because the cases are in early stages, the company said in a quarterly filing...

Loading