Target's data breach cost the company $162 million
In 2013, Target had a massive data breach in which 70 million customers had their credit and debit card information stolen.
Today, the company has finally revealed the losses it took from the breach, a staggering $162 million.
In 2013, the company booked a $61 million gross loss and $191 million for 2014. Cyber attack insurance covered $90 million over the two years. Those figures could get larger in 2015 as the retailer faces a number of class action lawsuits.
In recent months, attacks on retailers and other companies have escalated, culminating with a breach by Anthem Health, one of the largest health insurance companies in the U.S.

Motorola has unveiled their second-generation Moto E today, adding a larger display and LTE for the same low price: $149.
Earlier today, Lenovo.com got defaced by someone claiming to be the Lizard Squad, an embarrassing take down and more bad PR for the company still reeling from the fallout of pre-installing adware on some of their PCs.






