A judge in the U.S. District Court for the Northern District of Georgia has pushed the deadline for credit unions to join a class-action suit against Home Depot to May 27, according to CUNA.
The change gives credit unions more time to decide if they'll participate in a lawsuit that is the result of a massive data breach at the retailer in September 2014.
The breach occurred when hackers got into the company's network and deployed malware on the self-checkout systems in order to get card information from shoppers at U.S. and Canadian stores between April 2014 and September 2014, according to Home Depot's latest 10-K filed with the SEC.
More than 50 million email addresses were also taken, according to the company.
The breach has cost credit unions nearly $60 million, CUNA said.
“CUNA did not make the decision to join the lawsuit lightly; we stand with our credit union members and believe consumers must be protected from merchant negligence,” CUNA President/CEO Jim Nussle (pictured) said.“Home Depot continues to operate using the inferior systems and procedures that gave rise to the breach and it is unacceptable.”
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