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Target agreed to pay $18.5 million to settle investigations by dozens of states over a 2013 hack of its database in which the personal information of millions of customers was stolen.
The carmaker has already paid out more than $2 billion to resolve legal issues stemming from the scandal.
Hackers linked to the Iranian government launched cyber-attacks on some four dozen U.S. financial institutions and a flood-control dam above New York City in forays meant to undermine U.S. markets and national security.
Hackers and conspirators in more than a dozen countries generated hundreds of millions of dollars in illicit proceeds.
GM is facing hundreds of personal-injury and wrongful-death claims over the deadly flawed ignition switches, as well as suits by car owners seeking as much as $10 billion for the lost value of their vehicles.
The criminal settlement may end almost two years of questions about what GMs executives knew and whether they would be held personally responsible.
The U.S. government is determining whether charges will be brought against General Motors Co. or its employees over the handling of a faulty ignition switch, a person familiar with the investigation said.
A former JPMorgan Chase employee was arrested by the FBI on charges of stealing customer data and trying to sell it to an undercover informant for tens of thousands of dollars.
AIG won court approval of a $970.5 million settlement with investors who accused the insurer at the onset of the financial crisis of misleading them about risks tied to subprime mortgages.
A former Oppenheimer & Co. executive pleaded guilty to participating in a fraud that the U.S. says led to the collapse of an Oklahoma insurance company.
{ "author": { "name": "Patricia Hurtado", "webUrl": "/author/profile/patricia-hurtado/", "description": "", "imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g", "estimate": 11, "social": [], "articles": [ { "uri": "/2017/05/23/target-agrees-to-pay-18-5-million-to-end-data-breach-probes/", "title": "Target agrees to pay $18.5 million to end data-breach probes", "byline": "Patricia Hurtado", "kicker": "News", "prettyDate": "May 23, 2017", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/patricia-hurtado/", "name": "Patricia Hurtado" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Target agreed to pay $18.5 million to settle investigations by dozens of states over a 2013 hack of its database in which the personal information of millions of customers was stolen.", "body": null }, { "uri": "/2016/03/30/gm-wins-second-trial-over-crashes-blamed-on-ignition-flaw/", "title": "GM wins second trial over crashes blamed on ignition flaw", "byline": "Erik Larson, Patricia Hurtado, Bloomberg", "kicker": "News", "prettyDate": "March 30, 2016", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/erik-larson-patricia-hurtado-bloomberg/", "name": "Erik Larson, Patricia Hurtado, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The carmaker has already paid out more than $2 billion to resolve legal issues stemming from the scandal.", "body": null }, { "uri": "/2016/03/24/iranians-hacked-from-wall-street-to-new-york-dam-u/", "title": "Iranians hacked from Wall Street to New York dam, U.S. says", "byline": "Erik Larson, Patricia Hurtado, Chris Strohm, Bloomberg", "kicker": "News", "prettyDate": "March 24, 2016", "timeToRead": "6 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/erik-larson-patricia-hurtado-chris-strohm-bloomberg/", "name": "Erik Larson, Patricia Hurtado, Chris Strohm, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Hackers linked to the Iranian government launched cyber-attacks on some four dozen U.S. financial institutions and a flood-control dam above New York City in forays meant to undermine U.S. markets and national security.", "body": null }, { "uri": "/2015/11/10/jpmorgans-2014-hack-tied-to-vast-cyber-crime-enterprise/", "title": "JPMorgan’s 2014 hack tied to vast cyber crime enterprise", "byline": "Greg Farrell, Bloomberg, Patricia Hurtado", "kicker": "News", "prettyDate": "November 10, 2015", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/greg-farrell-bloomberg-patricia-hurtado/", "name": "Greg Farrell, Bloomberg, Patricia Hurtado" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Hackers and conspirators in more than a dozen countries generated hundreds of millions of dollars in illicit proceeds.", "body": null }, { "uri": "/2015/09/18/gm-still-facing-exposure-in-civil-suits-seeking-bi/", "title": "GM still facing exposure in civil suits seeking billions", "byline": "Erik Larson, Bloomberg, Bob Van Voris, Bloomberg, Patricia Hurtado, Bloomberg", "kicker": "News", "prettyDate": "September 18, 2015", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/erik-larson-bloomberg-bob-van-voris-bloomberg-patricia-hurtado-bloomberg/", "name": "Erik Larson, Bloomberg, Bob Van Voris, Bloomberg, Patricia Hurtado, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "GM is facing hundreds of personal-injury and wrongful-death claims over the deadly flawed ignition switches, as well as suits by car owners seeking as much as $10 billion for the lost value of their vehicles.", "body": null }, { "uri": "/2015/09/17/gm-to-pay-900-million-after-probe-into-faulty-igni/", "title": "GM to pay $900 million after probe into faulty ignitions", "byline": "Patricia Hurtado, Bloomberg, David Welch, Bloomberg", "kicker": "News", "prettyDate": "September 17, 2015", "timeToRead": "5 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/patricia-hurtado-bloomberg-david-welch-bloomberg/", "name": "Patricia Hurtado, Bloomberg, David Welch, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The criminal settlement may end almost two years of questions about what GMs executives knew and whether they would be held personally responsible.", "body": null }, { "uri": "/2015/05/26/gm-ignition-probe-said-advancing-as-u-s-mulls-crim/", "title": "GM ignition probe said advancing as U.S. mulls criminal case", "byline": "Patricia Hurtado, Bloomberg, David Welch, Bloomberg", "kicker": "News", "prettyDate": "May 26, 2015", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/patricia-hurtado-bloomberg-david-welch-bloomberg/", "name": "Patricia Hurtado, Bloomberg, David Welch, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The U.S. government is determining whether charges will be brought against General Motors Co. or its employees over the handling of a faulty ignition switch, a person familiar with the investigation said.", "body": null }, { "uri": "/2015/05/05/former-jpmorgan-employee-charged-with-stealing-customer-data-414-11372/", "title": "Former JPMorgan employee charged with stealing customer data", "byline": "Patricia Hurtado, Bloomberg, Christie Smythe, Bloomberg", "kicker": "News", "prettyDate": "May 05, 2015", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/patricia-hurtado-bloomberg-christie-smythe-bloomberg/", "name": "Patricia Hurtado, Bloomberg, Christie Smythe, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A former JPMorgan Chase employee was arrested by the FBI on charges of stealing customer data and trying to sell it to an undercover informant for tens of thousands of dollars.", "body": null }, { "uri": "/2015/03/24/aig-wins-court-approval-of-970-5m-settlement-with/", "title": "AIG wins court approval of $970.5M settlement with investors", "byline": "Patricia Hurtado, Bloomberg", "kicker": "News", "prettyDate": "March 24, 2015", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/patricia-hurtado-bloomberg/", "name": "Patricia Hurtado, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "AIG won court approval of a $970.5 million settlement with investors who accused the insurer at the onset of the financial crisis of misleading them about risks tied to subprime mortgages.", "body": null }, { "uri": "/2015/02/23/former-oppenheimer-executive-admits-to-role-in-sinking-insurer/", "title": "Former Oppenheimer executive admits to role in sinking insurer", "byline": "Patricia Hurtado, Bloomberg", "kicker": "News", "prettyDate": "February 23, 2015", "timeToRead": "2 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/patricia-hurtado-bloomberg/", "name": "Patricia Hurtado, Bloomberg" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A former Oppenheimer & Co. executive pleaded guilty to participating in a fraud that the U.S. says led to the collapse of an Oklahoma insurance company.", "body": null } ] } }
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