Home Depot Breach Costs Ohio Credit Unions $1.3M

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 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.

Topics Ohio