The United States District Court for the District of New Jersey dismissed a derivative suit brought by shareholders on behalf of Wyndham Worldwide Corporation following a series of data breaches within the Company. After Wyndham’s Board of Directors unanimously voted to refuse… Continue Reading →
In a recent interview, California Attorney General Kamala D. Harris quoted the following statistics from her “California Data Breach Report,” published in October: In 2013, there were more than 167 data breaches reported in California. This represents an increase of 28% from… Continue Reading →
The Federal Communications Commission (“FCC”) announced on October 24 that it is seeking $10 million in fines from two telecommunications providers, TerraCom, Inc. and YourTel America, Inc. The FCC asserts in its action that both companies are guilty of “data… Continue Reading →
Recently, we analyzed amendments to California’s data protection laws that will come into effect on January 1, 2015. On October 23, 2014, New Jersey’s Assembly Consumer Affairs Committee approved legislation intended to ensure consumers are immediately informed of any data breach that may involve their… Continue Reading →
On October 17, President Barack Obama signed an Executive Order addressing the growing concerns over data security in the United States. One of the most notable aspects of the Order is its requirement that all federally-issued credit and debit cards include… Continue Reading →
The J.P. Morgan Chase & Co. data breach has drawn the attention of a number of state attorneys general, including Illinois attorney general, Lisa Madigan. Madigan, who is at the forefront of the investigations, remarked that the breach was among… Continue Reading →
On September 30, 2014, California passed Assembly Bill 1710 which will create two major changes related to breaches involving the private data of California residents when it comes into effect on January 1, 2015. First, the amended data breach law will expand… Continue Reading →
We are starting to see insurance coverage litigation related to the data breach this summer at P.F. Chang’s restaurants. On October 2, 2014, Travelers filed a lawsuit in the District Court of Connecticut seeking a declaration that it has no duty to defend… Continue Reading →
Home Depot’s data breach has already cost the company more than $60 million, not including potential costs for civil damages in suits brought by consumers, shareholders, and financial institutions. However, Home Depot’s potential costs do not stop there. Recent reports indicate Home Depot may have… Continue Reading →
While it is still early, it appears Home Depot’s data breach has already cost the company an estimated $60 million. Home Depot’s damages, which include costs for credit monitoring for its customers, call center staffing, legal services as well as costs to replace credit/debit cards, will undoubtedly increase… Continue Reading →
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