The $1.8 billion HarborOne Credit Union has received at least a partial settlement from the TJX Company over the damages it suffered during that firm's 2007 card security breach.
At the time, January 2007, the TJX breach was the biggest card data breach ever seen, compromising roughly 45 million credit and debit card numbers. Since then it has been surpassed by a similar breach at Heartland Payment Systems that the government alleged involved the same hacker.
The company announced that under the settlement it would pay $525,000 to settle claims from AmeriFirst Bank, SELCO Community Credit Union and Trustco Bank in addition to HarborOne. HarborOne declined to comment on the settlement and SELCO has not yet returned calls seeking comment.
Recommended For You
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
