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Desjardins could pay $200 million to settle lawsuit from data breach

Proposed deal still has to be approved by a Quebec court

Desjardins at fault for huge data breach, say privacy commissioners

Report says financial institution knew about security weaknesses but didn't fix them soon enough, leading to theft of information of 9.7 customers

Study says businesses stand to lose 20% of sales revenue forever after a hack

The recent headline-grabbing data breaches - Equifax Inc., Capital One Financial Corp., and The Desjardins Group chief among them - all lead to this question: Will these breaches cause consumers to stop spending their hard-earned cash with these companies?

Laying blame on employee in Desjardins data breach is ignoring the big picture, security experts say

Despite many blaming the employee who allegedly leaked almost 3 million individuals' information in the recent data breach at The Desjardins Group, some experts warn that this is over-simplifying the problem and not laying enough blame on the company itself.

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