Welcome to the Future!
Target has reached another tentative $67 million settlement with VISA over its 2013 data breach & is in ongoing negotiations with Mastercard.
Community banks and credit unions estimate they spent $350Million to re-issue cards after the data breach.
Target still faces a class action lawsuit from consumers.
Neiman Marcus experienced a data breach in 2013 that exposed credit card information for 350,000. And, as it is with every data breach, lawsuits ensued.
The 7th Court of Appeals answered a lingering legal and legislative issue– whether any actual injury has to occur before suit may be filed. “Chief Judge Diane Wood, who said that fear of hackers in the future is not too “speculative” for a day in court.”
The ruling is expected to apply to both pending lawsuits realted to Sony &…
UCLA finds itself facing a class action lawsuit over a data breach at hospitals in the UCLA hospital system.
So how does a state university system get sued?
Data breach lawsuits are dominating courts. Judges are finding that no specific monetary harm is necessary for these suits to progress.
In the latest health care data breach suit, patients have filed a lawsuit against a medical software company for a data breach.
The Neiman Marcus data breach lawsuit can continue according to the 7th Circuit.
Courts have wrangled with whether a person who had her information stolen in a dat abreach must have had that information used in a manner to cause harm before a lawsuit can continue.
The 7th Circuit said no to that specific standard and is allowing more damages like the cost of credit monitoring.
Lifelock, the company advertising its ability to protect your financial data, violated its 2010 $12 million settlement with 35 state attorneys general according to the FTC.
“LifeLock vigorously opposed the FTC’s allegations.” The case is heading to the courts.
HomeDepot Shareholders are taking action against Home Depot. They have filed suit to request corporate documents, potentially for the purpose of investigating wrongdoing by corporate officers or directors.
Say you’re a health care provider. You buy data breach insurance policy to cover any potential hacks or breaches. you think you’re doing the right thing to protect your business.
Then, your data gets hacked. You file a claim with your insurance company. You’re denied. You go to court.
The insurance company says the health care provider failed to provide the required minimum security standards.
Its a case of first impression. It’ll make history and make legislation far and wide as the…
NAPA has new data breach compliance and certification. Data breaches are big business, people.
Data breaches and protecting against data breaches generate:
Data breaches impact:
Federal employees this week filed suit over the June 4th federal data breach. The breach is said to the largest in government history, and allegedly the result of Chinese hackers seeking super secret spy information.
The crux of the lawsuit is something all corporations should pay heed to as its the same argument made by plaintiffs in Target and HomeDepot breaches too- how much knowledge did the government have about potential breaches and did the government fail to act? As for the feds,…