TD Bank to pay $130,015 to Maine resolve data breach

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PORTLAND — Maine will receive $130,015 in a multi-state settlement with TD Bank that resolves a 2012 data breach.

Attorney General Janet Mills says the state is one of nine that investigated the breach and negotiated the settlement. Mills says the settlement resolves consumer protection and privacy claims against the bank. She says it also requires TD Bank to reform policies and procedures that allowed the breach to occur.

The breach involved the loss of unencrypted backup tapes in Massachusetts that contained 1.4 million files. The files contained personal information belonging to about 260,000 TD Bank customers around the country, including 34,000 Maine customers.

The other states involved in the settlement are Connecticut, Florida, Maryland, New Jersey, New York, North Carolina, Pennsylvania and Vermont.

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