{"id":65,"date":"2014-12-09T18:36:00","date_gmt":"2014-12-09T18:36:00","guid":{"rendered":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/2014\/12\/09\/3-articles-on-banks-and-credit-unions-suing-retailers-after-a-data-security-breach\/"},"modified":"2014-12-09T18:36:00","modified_gmt":"2014-12-09T18:36:00","slug":"3-articles-on-banks-and-credit-unions-suing-retailers-after-a-data-security-breach","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/3-articles-on-banks-and-credit-unions-suing-retailers-after-a-data-security-breach\/","title":{"rendered":"3 Articles on Banks and Credit Unions Suing Retailers After a Data Security Breach"},"content":{"rendered":"<p>Winter 2013 brought a large data breach for Target. Various lawsuits ensued. Financial institutions sued. Individuals sued.<\/p>\n<p>Target had sought to dismiss the suit brought by 5 financial institutions. The judge said, &#8220;NO,&#8221; in one of the first rulings of its kind allowing financial institutions to sue retailers for data breaches.\u00a0<\/p>\n<p>Judge Magnuson also said, \u201cimposing a duty on Target in this case will aid Minnesota\u2019s policy of punishing companies that do not secure consumers\u2019 credit- and debit-card information.\u201d \u00a0[<a href=\"http:\/\/www.bloomberg.com\/news\/2014-12-02\/target-must-face-banks-claims-of-negligence-in-data-breach.html\">Bloomberg<\/a>] [<a href=\"http:\/\/www.law360.com\/privacy\/articles\/600870?nl_pk=7b96c9ea-dbde-49df-8c20-756f0f1e3fba&amp;utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=privacy\">Law360<\/a>] [<a href=\"http:\/\/bits.blogs.nytimes.com\/2014\/12\/04\/banks-lawsuits-against-target-for-losses-related-to-hacking-can-continue\/?_r=1\">NY Times | BitsBlog<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Winter 2013 brought a large data breach for Target. Various lawsuits ensued. Financial institutions sued. Individuals sued.<\/p>\n<p>Target had sought to dismiss the suit brought by 5 financial institutions. The judge said, &#8220;NO,&#8221; in one of the first rulings of its kind allowing financial institutions to sue retailers for data breaches.\u00a0<\/p>\n<p>Judge Magnuson also said, \u201cimposing a duty on Target in this case will aid Minnesota\u2019s policy of punishing companies that do not secure consumers\u2019 c&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,2,9,3,4],"tags":[],"class_list":["post-65","post","type-post","status-publish","format-standard","hentry","category-banking","category-data-privacy","category-legal-trend","category-legislative-trend","category-retail-data-breach","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/65","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/comments?post=65"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/65\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/media?parent=65"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/categories?post=65"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/tags?post=65"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}