Costs Surrounding Target Security Breach Surpass $200M

Updated: 02/18/2014 4:33 PM KSTP.com By: Leslie Dyste

File photo of shopping baskets stacked at a Target store.
File photo of shopping baskets stacked at a Target store.
Photo: Photo: AP/Charles Rex Arbogast

The costs surrounding the Target security breach have topped $200 million for financial institutions, according to data collected by the Consumer Bankers Association and the Credit Union National Association.

According to the data, credit card replacements have reached $172 million for banks affected and it's costing credit unions more than $30 million.

Target hasn't responded to the report.

Credit and debit card information from about 40 million Target shoppers was stolen in the breach.