AG Slatery And Home Depot Reach Settlement Following Data Breach

Wednesday, November 25, 2020

Attorney General Herbert H. Slatery III, along with the Attorneys General of 45 other states and the District of Columbia, announced a $17.5 million settlement with Georgia-based retailer The Home Depot. The settlement resolves a multistate investigation of the 2014 data breach which exposed the payment card information of approximately 40 million customers. Tennessee will receive $253,004.06. 

The breach occurred when hackers gained access to The Home Depot’s network and deployed malware on The Home Depot’s self-checkout system. The malware allowed the hackers to obtain the payment card information of customers who used self-checkout lanes at The Home Depot stores throughout the U.S. between April 10, 2014 and Sept 13, 2014.

“Your payment information should not be compromised,” said General Slatery. “This Office will act to enforce our laws which protect consumers and hold businesses accountable.”

In addition to the payment to the states, The Home Depot has agreed to implement and maintain a series of data security practices to include:

Employing a duly qualified Chief Information Security Officer reporting to both the Senior or C-level executives and Board of Directors regarding Home Depot’s security posture and security risks;
Providing resources necessary to fully implement the company’s information security program;
Providing appropriate security awareness and privacy training to all personnel who have access to the company’s network or responsibility for U.S. consumers’ personal information;
Employing specific security safeguards with respect to logging and monitoring, access controls, password management, two factor authentication, file integrity monitoring, firewalls, encryption, risk assessments, penetration testing, intrusion detection, and vendor account management; and
Consistent with previous state data breach settlements, the company will undergo a post settlement information security assessment which in part will evaluate its implementation of the agreed upon information security program.

Other states participating in this settlement include: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Vermont, Virginia, Washington, West Virginia, and Wisconsin.

To read the Petition and Agreed Final Order, click here: https://www.tn.gov/content/dam/tn/attorneygeneral/documents/pr/2020/pr20-52-petition-avc.pdf

 


HHM CPAs Hires 5 Employees

Mariah Barrows Named Banking Center Manager Of North Highway 58 First Horizon Bank

Stephen Adams Promoted To Shareholder At Chambliss Law


HHM Certified Public Accountants, a full-service CPA and consulting firm with locations in Chattanooga and Memphis, has hired two senior accountants and three staff accountants. HHM has ... (click for more)

First Horizon Bank, a member of the First Horizon Corp. family of companies, has named Mariah Barrows as banking center manager of the North Highway 58 location. Ms. Barrows’ career in banking ... (click for more)

Chambliss, Bahner & Stophel, P.C. announces registered patent attorney Stephen Adams has been elected as a shareholder of the firm. "Stephen is truly an all-star attorney. When he came ... (click for more)



Business

HHM CPAs Hires 5 Employees

HHM Certified Public Accountants, a full-service CPA and consulting firm with locations in Chattanooga and Memphis, has hired two senior accountants and three staff accountants. HHM has hired Joseph Bishop to its Management Advisory Services team. He will assist with all stages of mergers and acquisitions, including planning, implementation and evaluation of potential tax consequences. ... (click for more)

Mariah Barrows Named Banking Center Manager Of North Highway 58 First Horizon Bank

First Horizon Bank, a member of the First Horizon Corp. family of companies, has named Mariah Barrows as banking center manager of the North Highway 58 location. Ms. Barrows’ career in banking began at First Horizon in 2015. "As Banking Center manager, Ms. Barrows manages all aspects of the customer experience, as well as operations of the center. She coaches employees to address ... (click for more)

Breaking News

Hamilton County Has 2 New COVID Deaths, 177 New Cases; Hospitalizations, ICUs Continue To Drop; Tennessee Has 3,400 New Cases, 154 More COVID Deaths

Hamilton County reported 177 new COVID-19 cases on Wednesday, with 108 patients hospitalized, the lowest number since Nov. 16, 2020, and 24 in Intensive Care Units, the lowest number since Dec. 6, 2020. Five others were in the hospital with suspected COVID. Of those hospitalized, 45 are county residents, also the lowest number since Nov. 9, 2020. The new total of cases in ... (click for more)

UCF's Josh Heupel Is New Tennessee Football Coach

University of Central Florida's Josh Heupel, the Oklahoma quarterback who led his team to the national title, and who as an assistant coach and head coach captured conference championships at Oklahoma and UCF, has been named Tennessee's 27th head football coach, Vice Chancellor/Director of Athletics Danny White announced on Wednesday. "We looked at a number of potential candidates," ... (click for more)

Opinion

Smooth Operations Getting My COVID Vaccine

Thank you, Hamilton County Health Department. Yesterday I received my first shot of COVID vaccine at the Health Department’s River Park site. My appointment, which was scheduled online, went as smooth as anyone would want. Even with the handicap of rain everyone there was helpful and moved the cars along in a steady and orderly way. I arrived for my 9:30 appointment and ... (click for more)

Roy Exum: "White Allyship"

The University of Tennessee at Chattanooga, a-swirl in social justice reform yet sorely lacking in common sense, may be on the brink of alienating itself from the very community that supports it. Today the university will host a lecture and celebration focusing on ‘White Allies and Accountability’ when it is my view that such a distasteful folly will reversely reverberate within ... (click for more)