retailer data breach News

Cyber Thieves Working Overtime Before Credit Card Chips Curtail Their Retail Business

Cyber-thieves see new credit card chip technology being adopted by U.S. retailers closing a lucrative window of opportunity to steal your data. So they want to move fast. “We’ve actually seen a number of discussions, in some cybercrime communities, where …

Neiman Marcus Ruling Aids Plaintiffs in Data Breach Class Actions

Data breaches at big retailers are becoming almost commonplace, and class actions by affected consumers are typically not far behind. Now, a federal appeals court in Chicago has made it harder for retailers who are hacked to have these lawsuits …

Target to Pay MasterCard Banks $19M to Settle Data Breach Claim

Target Corp. said it had agreed to reimburse about $19 million to financial institutions that had issued MasterCard-branded cards that were a part of the massive data breach at the retailer in 2013. The amount under the settlement with MasterCard …

Target: Retailer Owes No Duty to Banks in Data Breach

A Target Corp. lawyer told a judge that the company had no legal obligation to banks that claim to have lost tens of millions of dollars after a hack last year on the retailer’s payment processing systems. Target didn’t have …