LXBN TV: Congress Makes Push for National Data Breach Legislation – Will...
We’ve seen it on other issues and we’re seeing it again with respect to creating a national data breach law: Congress can be quick to react to a major incident, but their follow-through isn’t always...
View ArticleFrom Strips to Chips: How Recent Data Breaches Threaten to Impact Your Point...
The costs of recent data breaches have been staggering. In Target’s case, 40 million credit and debit card accounts were hacked, and the personal information of 70 million people was stolen. The cost...
View ArticleThe Target Data Breach – Rounding Up the Latest Developments
It has been difficult to keep up with all the various permutations of the Target data breach saga. Yesterday, the fingerpointing continued in the form of the release of a Harris Poll and testimony on...
View ArticleTarget Becomes a Target: Proposed California Bill Aims to Make Retailers...
Following a string of high-profile data breaches and new data suggesting that approximately 21.3 million customer accounts have been exposed by data breach incidents over the past two years, the...
View ArticlePrivacy Monday: Cinco De Mayo, 2014
Breaking news this Privacy Monday: The fallout from the massive Target Corporation data breach continues. This morning, the Target board announced that Chief Executive Officer Gregg Steinhafel has...
View ArticleRuling Gives New Life to Bank Claims Against Breached Retailers in Target Case
One common occurrence after the disclosure by a retailer of a breach affecting card present payment card data used to be the filing of claims by banks that issued payment cards affected by the...
View ArticleIssuer Banks’ Claims in Target Data Breach Litigation Survive Motion to Dismiss
Federal District Judge Paul Magnuson has ruled that banks that issued credit and debit cards to customers whose data was stolen in the December 2013 Target data breach could continue to litigate claims...
View ArticleOne Year Later: Consumers Can Proceed Against Target in Data Breach Lawsuit
On the one-year anniversary of Target’s announcement that it had suffered a massive data breach, Judge Magnuson in the District of Minnesota cleared the way for a consumer class action against the...
View ArticleConsumer Claims Survive Motion to Dismiss in Target Data Breach Class Action
A recent ruling by Federal District Judge Paul Magnuson will permit most of the consumer claims in the Target data breach litigation to survive Target’s motion to dismiss. This most recent ruling...
View ArticleTarget Data Breach Price Tag: $252 Million and Counting
In a recently-released Form 8-K filing announcing fourth quarter and year-end financial results, Target Corporation reported that expenses incurred in 2014 relating to its 2013 data breach totaled over...
View ArticleProposed Settlement in Target Data Breach Litigation
A proposed settlement has been reached in the multi-district consumer litigation Target faces following a data breach that compromised at least 40 million credit cards during the 2013 holiday shopping...
View ArticlePrecedent and the Price Explain Why Target and the Consumer Class Agreed to...
On March 18, 2015 – just three months after denial of a motion to dismiss consumer claims arising from Target’s 2013 data breach – Target and the consumer class filed papers seeking approval of a...
View ArticleTarget Agrees to Settle Data Breach Class Action Suit for $10 Million
Judge Paul Magnuson, who is presiding over the Target multi district class action litigation in Minnesota, preliminarily approved the parties’ proposed settlement of the litigation involving the...
View ArticleTarget Confirms It Has Negotiated a $19 Million Data Breach Settlement with...
Target confirmed a report in the Wednesday edition of The Wall Street Journal of a settlement with MasterCard concerning claims of card-issuers arising from Target’s 2013 data breach. The data breach,...
View ArticleTarget and Card Issuers Dispute Use of MasterCard Settlement to Resolve Data...
In the wake of Target’s April 15 announcement of a private $19 million settlement of the data breach claims of MasterCard-issuing banks, counsel representing the putative card issuer class in the...
View ArticleJudge in Target Data Breach Litigation Declines to Block MasterCard Settlement
Senior U.S. District Court Judge Paul Magnuson issued an order on Thursday, May 7 denying a request by counsel for card issuer banks to enjoin the settlement of data breach related claims negotiated...
View ArticleFinancial Services Companies Seek Larger Payout in Target Data Security Suit
Attorneys for certain banks and other financial institutions that are caught up in Target’s 2013 data breach are objecting to the $67 million deal struck last week between the retailer and Visa Inc....
View ArticleBanks’ Class Certification Motion Trumpets Target Data Security Failings,...
Card-issuing banks are forging ahead with their lawsuit against Target arising from the 2013 holiday shopping season data breach. Their July 1 motion for class certification has just been unsealed,...
View ArticleTarget Update: Still Shopping, but No End in Sight
Costs continue to mount for Target as the company works to put its massive 2013 data breach behind it. Target and Visa recently announced an agreement for Target to reimburse Visa card issuers as much...
View ArticleBanks Win Class Certification in Target Data Breach Case
A federal court recently granted class certification to a group of financial institutions (the “Banks”) in the data breach case against Target Corporation (“Target”) arising from the December 2013...
View ArticleData Breach Investigation Documents Protected by Attorney-client Privilege...
On October 23, 2015, the Federal District Court in Minnesota upheld Target’s assertion that documents produced pursuant to an internal investigation of its 2013 security incident fell within the...
View ArticleFTC Launches “Operation Collection Protection” to Target Debt Collection...
On Wednesday, November 4, the Federal Trade Commission announced the largest-ever-coordinated federal-state enforcement initiative targeting allegedly deceptive and abusive debt collection practices....
View ArticleTarget Settles Data Breach Class Action with Financial Institutions for $39...
We previously reported that Target Corp.’s (Target) settlement with MasterCard was rejected, but now, Target agreed to pay $39 million to settle the class action filed against it on behalf of the...
View ArticleTarget Update: Happy Holidays for Banks
Talk about a “bank holiday” – under a settlement deal filed in court yesterday, Target will pay $39.4 million to a litigation class of banks and credit unions to settle financial institution claims...
View ArticleTarget Agrees to $39 Million Settlement with Credit Card Issuers’ Data Breach...
Still recovering from its 2013 data breach, Target Corp. agreed to a $39 million settlement with a class of banks suing the well-known retailer, marking the settlement as the first class-wide data...
View ArticleTarget Agrees to Pay $39.4 Million to Settle Data Breach Lawsuit Filed by...
On December 19, 2013, Target announced that its computer systems had been breached and its consumers’ credit and debit card information had been compromised. Following this announcement, over 100...
View ArticleRisky Business: Target Discloses Data Breach and New Risk Factors in 8-K...
After Target Corporation’s (NYSE: TGT) net earnings dropped 46% in its fourth quarter compared to the same period last year, Target finally answered the 441 million dollar question – To 8-K, or not to...
View ArticleWhat the Target Data Breach Aftermath Teaches Us About Crisis Communications
Like many people, I shop regularly at Target. It’s one of my favorite stores. So when I first heard news of the data breach they’d experienced, my heart sank. I am a Target Red cardholder, and had used...
View ArticleSupreme Court may decide key damages issue impacting Target data breach cases
With the onslaught of litigation resulting from Target’s data privacy breaches, including recently filed class actions within the Sixth Circuit in Ohio, Kentucky, and Tennessee federal district courts,...
View ArticleInformation Security Strategy: A Lesson from the Target Breach
Over the past few weeks, new revelations have provided greater insight into the breach of Target Corp. over the holiday shopping season. Notable among the recent news is the assertion that the...
View Article
More Pages to Explore .....