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Target Warns Data Breach Could Be Worse Than Reported So Far

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March 14, 2014 AT 12:09 PM
Target warned that last year's massive security breach could have been more extensive than reported so far. In its 10-K annual report filed with the Securities and Exchange Commission on Friday, Target said, "Our investigation of the matter is ongoing and it is possible that we will identify additional information that was accessed or stolen, which could materially worsen the losses and reputational damage we have experienced.