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An Early Christmas Present for Consumers?  Court Rules that Retailers Can Be Liable to Banks Arising from Data Breaches.

by Privacy & Data Security Members Karin McGinnis & Robert Sumner

Cyber-Monday sales weren’t the only good thing that happened for consumers this week.  Later in the week a federal judge in Minnesota thwarted Target’s attempt to dismiss a lawsuit brought by banks and credit unions arising out of the massive data breach last year.  Although the breach and access to the credit card information of some 40 million consumers resulted from hackers obtaining the password of a Target vendor who was accessing an unrelated subsystem, the banks and credit unions claimed that Target was liable ...

About Data Points: Privacy & Data Security Blog

The technology and regulatory landscape is rapidly changing, thus impacting the manner in which companies across all industries operate, specifically in the ways they collect, use and secure confidential data. Moore & Van Allen’s Privacy & Data Security Group recognizes the challenges clients face in the effort to stay abreast of such volatility. “Data Points” seeks to educate by providing transparent and cutting-edge insight on the most critical issues and dynamics. Our goal is to inform business decision-makers who are navigating these waters about the information they must protect, and what to do if/when security is breached. Read About Our Practice and Meet the MVA Privacy & Data Security Team.

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