Home Depot Breach Costs Ohio Credit Unions $1.3M

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COLUMBUS, Ohio (AP) – The Credit Union National Association says the breach of customer data at Home Depot earlier this year cost Ohio credit unions more than a million dollars.

The Columbus Dispatch reports (http://bit.ly/1tyMT90 ) Ohio credit unions spent $1.3 million handling the data breach, based on a survey of credit unions. The money went toward reissuing cards, handling fraud and covering other breach-related costs.

Home Depot, the country’s largest home improvement retailer, confirmed earlier this year that malicious software in its check-out terminals between April and September had affected millions of debit and credit cards nationally.

About 165,000 debit and credit cards of Ohio credit-union members were comprised due to the breach.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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