Banks, Credit Unions have filed lawsuits against Target in the wake of the retailer’s massive breach. The suits are sending a strong message: Card issuers want retailers to pay for breach-related expenses. Lawsuit against Target so far has only been filed by community-based institutions. Lawyer: Suits aren’t likely to succeed because of contractual relationships with card brands. But similar suits filed by card issuers against Heartland Payment Systems in 2008 were fruitful for the banks, he says.”]
Source: https://www.cuinfosecurity.com/suits-against-target-make-statement-a-6515