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Costs Surrounding Target Security Breach Surpass $200M

Updated: 02/18/2014 4:33 PM
Created: 02/18/2014 4:21 PM KSTP.com
By: Leslie Dyste

The costs surrounding the Target security breach have topped $200 million for financial institutions, according to data collected by the Consumer Bankers Association and the Credit Union National Association.

According to the data, credit card replacements have reached $172 million for banks affected and it's costing credit unions more than $30 million.

Target hasn't responded to the report.

Credit and debit card information from about 40 million Target shoppers was stolen in the breach.


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