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Home Depot is Still Reeling From 2013 Data Breach

  • AJC.com, Monday, October 26, 2015 4:51 AM

It's been almost two years since Home Depot was hit with a massive data breach, but the company is still dealing with the aftermath. The company is fighting more than 50 class action lawsuits from consumers and financial institutions, and may settle some of the suits to avoid bad publicity. So far the company has spent $232 million in expenses  from the security breach, and that number is expected to grow. The company has a $100 million insurance policy for network security and privacy liability.

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