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settlement

Can Statistics Be Used to Predict Data Breaches?

As the East Coast closely watches meteorologists’ models and predictions to prepare for Hurricane Joaquin, it may be a good time to consider the role of using statistics and models to predict the next data breach. A recent study entitled… Continue Reading →

Following 2014’s “Year of the Breach,” 2015 is Shaping Up to Be the “Year of Data Breach Litigation”

Last year, there were a number of high profile breaches—earning 2014 the “Year of the Breach” tag. This year is seeing the fallout, as many of these breaches have resulted in significant litigation. For example, the Home Depot breach in April… Continue Reading →

Sony and Zurich Settle Data Breach Case Before Appellate Court Can Decide Coverage Issues Under CGL Policy

Early reports indicate that Sony Corp. of America and Zurich American Insurance Company (along with other insurers) have reached settlement terms today in their data breach case involving a hack of the online services for the Sony PlayStation in April 2011. These… Continue Reading →

Put Away The Champagne: Smaller Banks Try to Block the Target/MasterCard Settlement

Lawyers for a portion of the Financial Institution Plaintiffs in the Target class action litigation (including smaller financial institutions Umpqua Bank, Mutual Bank, Village Bank, CSE Federal Credit Union and First Federal Savings of Lorain) filed a motion for preliminary injunction to block… Continue Reading →

It’s Complicated: Target Settlement With Banks Hits a Snag

Last week, Target announced a $19 million settlement with MasterCard, a “Financial Institution Plaintiff,” as a result of the 2013 data breach at its stores. The terms of the settlement agreement are rather complex and call for Target funding “alternative… Continue Reading →

Target and Consumer Plaintiffs Nearing Settlement of Class Action Suit Related to 2013 Data Breach

Early news reports indicate that Target will pay $10 million to settle a class action lawsuit with the “Consumer Plaintiffs” related to the 2013 data breach at its stores. The consumer plaintiffs will be paid settlement proceeds through a dedicated website. The proposed… Continue Reading →

LinkedIn Settles Data Breach Class Action With Its Paying Members

On June 6, 2012, LinkedIn announced it had a data breach that involved hackers taking 6.5 million passwords from March 16, 2006 through June 7, 2012. The passwords were ultimately published on a Russian hacker website. A class action lawsuit… Continue Reading →

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