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Industry News: ESG5

    Desjardins Spends C$70 Million Related to Data Breach

    Aug 16, 2019 12:13:02 PM

    2019-08-12

    Reuters: Canadian lender Desjardins Group said on Monday it spent C$70 million ($53 million) in the second quarter related to a data privacy breach earlier this year that exposed personal information of 2.9 million members.

    The company offered the affected accounts a credit monitoring plan and identity theft insurance for five years, without any additional costs to those customers, Desjardins said.

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    Topics:North America

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