The U.S. District Court for the Northern District of Georgia has granted preliminary approval of a settlement in the Home Depot data breach proposed earlier this week. The court has established an Aug. 14 deadline for credit unions to make claims.
The methods for making such claims is not yet put in place. CUNA will publicize the process as soon as it is available.
CUNA, as well as leagues and credit unions, are among the plaintiffs in the lawsuit, which stems from a 2014 data breach that compromised 56 million credit and debit cards.
The settlement includes Home Depot agreeing to pay $25 million into a settlement fund. Additional details can be found in previous News Now coverage.
The settlement also includes an agreement from Home Depot to strengthen its future data security measures. This was a demand of association plaintiffs including CUNA and state credit union leagues.