The state is receiving $130,015 as part of a nine-state settlement with TD Bank, which had a data breach in 2012 that impacted an estimated 34,000 Maine customers.
Maine Attorney General Janet T. Mills announced last week that the settlement calls for TD Bank to resolve consumer production and privacy claims made against it. The settlement money will be used to “further consumer protection efforts.”
The settlement, which also includes Connecticut and New York, requires TD Bank to notify customers of future data breaches in the future, to “maintain reasonable security policies to protect personal information,” and to have stricter rules for transporting sensitive information, according to Mills.