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Target

Corporate Affairs: Recent Ashley Madison Breach Illustrates Cybersecurity Must Be a Priority for Corporate Executives

Ashley Madison members who had their hacked information disclosed are not the only people that have had a bad month. Last week, Noel Biderman, the CEO of Ashley Madison, stepped down because of the damage done by the data breach. Ashley… Continue Reading →

Target Litigation Reveals Concern Hackers May Use Court Documents to Gain Information

Hackers have shown themselves to be resourceful in gathering information that allows them to commit their crimes. We have seen hackers use employees and other “out of wallet” information to gain access to data. Recent developments in the Target litigation provides a… Continue Reading →

Home Depot Breach Litigation Goes Down Well-Worn Path

On July 1, 2015, Home Depot filed a motion to dismiss the “Financial Institution Plaintiffs’” class action lawsuit filed in the District Court for the Northern District of Georgia. The class action is based on the breach suffered by Home… 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 →

Shareholders May Be Growing “Numb” to Data Breaches at Publicly Traded Companies

In the March 31, 2015 article, “Why Data Breaches Don’t Hurt Stock Prices,” the Harvard Business Journal discusses why stock prices may not be immediately impacted by a data breach at a company. The article discusses the fact that shareholders may be… 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 →

Lawsuit Involving Regional Bank Should Serve as a Warning to Smaller Businesses

On January 21, 2015, Travelers Casualty and Surety of America (Travelers) sued Ignition Studio Inc. (Ignition) based on professional negligence and breach of contract claims in the District Court for the Northern District of Illinois. Travelers filed the action based… Continue Reading →

Tressler Attorneys Analyze the Recent Decision in Target Financial Institution Cases for Advisen’s Cyber Risk Network

As discussed in our December 3, 2014 post, the U.S. District Court for Minnesota issued its Memorandum and Order in the “Financial Institution Cases” against Target which granted in part and denied in part Target’s Motion to Dismiss on December 2, 2014. Specifically,… Continue Reading →

District Court Allows Parties to Proceed in Banks’ Class Action Suit Arising Out of Target’s December 2013 Data Breach

On December 2, 2014, the U.S. District Court for Minnesota issued its Memorandum and Order in the “Financial Institution Cases” against Target which granted in part and denied in part Target’s Motion to Dismiss. Target’s motion sought dismissal of a class… Continue Reading →

Recent Data Breach at Chicago Parking Garages Shows Us the Danger When Hackers Seek Smaller Targets

Recent news of a data breach involving SP+, the owner of a number of parking garages around Chicago, provides another reminder that Target and Home Depot should not be alone in their concern over data breaches. SP+ informed its customers late… Continue Reading →

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