Target settles with Visa over data breach

August 18, 2015 6:36 PM

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A year and a half after an estimated 40 million credit and debit card accounts were hacked during the 2013 holiday shopping season, Target has reached a settlement with Visa.

"Target is pleased that we have reached a settlement agreement with Visa related to the data breach we experienced during the fourth quarter of 2013," the company said in a statement given to USA TODAY on Tuesday. The settlement, which was reached on Monday, is for up to $67 million, and depends on ...

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