Statement on Proposed Settlement

July 22, 2022

Customers are first in everything we do and protecting their information is a top priority. Like every company, we are not immune to these criminal attacks. Our efforts to guard against them continue and over the past year we have doubled down on our extensive cybersecurity program to enhance existing programs, including:

  • creating a Cybersecurity Transformation Office that reports directly to our CEO and adding more top talent with decades of cyber strategy experience and leadership to our team;
  • engaging in long-term collaborations with industry experts Mandiant, Accenture, and KPMG to design strategies and execute plans to further transform our cybersecurity program;
  • committing to investing hundreds of millions of dollars to enhance our current cybersecurity tools and capabilities;
  • and conducting nearly 900,000 training courses for employees and partners across our company to understand their critical role in these efforts.

As we continue to invest time, energy, and resources in addressing this challenge, we are pleased to have resolved this consumer class action filing.