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News/Cyber & Privacy/Target Sues Insurer Over 2013 Data Breach Costs
News·Cyber & Privacy Brief

Target Sues Insurer Over 2013 Data Breach Costs

Target has filed a lawsuit against its long-time insurer, ACE American Insurance Co., in an attempt to recoup approximately $74 million of the $138 million the company says it spent to replace payment cards as part of settlements over the retailer's massive 2013 data breach.

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