article thumbnail

Target Sues Insurer Over 2013 Data Breach Costs

Data Breach Today

Lawsuit Claims Insurer Owes Retailer for Coverage of Card Replacement Costs Target has filed a lawsuit against its long-time insurer, ACE American Insurance Co., in an attempt to recoup money it spent to replace payment cards as part of settlements over the retailer's massive 2013 data breach.

Insurance 302
article thumbnail

Hacked Data Broker Accounts Fueled Phony COVID Loans, Unemployment Claims

Krebs on Security

A group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S. info and findget[.]me,

Insurance 352
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Experian API Exposed Credit Scores of Most Americans

Krebs on Security

Earlier this month, auto insurance giant Geico disclosed that fraudsters abused a bug in its site to steal drivers license numbers from Americans. Geico said the data was used by thieves involved in fraudulently applying for unemployment insurance benefits.

Insurance 362
article thumbnail

First American Financial Pays Farcical $500K Fine

Krebs on Security

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

Insurance 314
article thumbnail

Who Stole 3.6M Tax Records from South Carolina?

Krebs on Security

As it happens, Rescator’s criminal hacking crew was directly responsible for the 2013 breach at Target and the 2014 hack of Home Depot. According to a 2013 report from the Treasury Inspector General’s office, the IRS issued nearly $4 billion in bogus tax refunds in 2012, and more than $5.8 billion in 2013.

Sales 264
article thumbnail

Target Seeks $74M in Data Breach Reimbursement from Insurance Company

Dark Reading

The funds would cover some of the money Target paid to reimburse financial institutions for credit card replacement after the 2013 breach.

article thumbnail

An Interview With the Target & Home Depot Hacker

Krebs on Security

In December 2023, KrebsOnSecurity revealed the real-life identity of Rescator , the nickname used by a Russian cybercriminal who sold more than 100 million payment cards stolen from Target and Home Depot between 2013 and 2014. for stealing data on nearly 10 million customers of the Australian health insurance giant Medibank.

Retail 228