Industry News: Cyber

Desjardins Spends C$70 Million Related to Data Breach

Written by Cybersecurity | Aug 16, 2019 4:13:02 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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