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Banks, Target Argue Over Breach Suit

Target Corp. and several banking institutions continue to argue back and forth over a class action lawsuit the institutions filed following the retailer’s December 2013 data breach. The banks’ lawsuit seeks compensation from the retailer for certain breach-related expenses, such as reissuing affected payment cards and covering the cost of fraud. Banks argue that Target does have a duty to safeguard card data. Target’s recent rebuttal against the banks may be a signal that the retailer is gaining confidence in light of “breach fatigue” in the aftermath of subsequent major breaches.”]

Source: https://www.databreachtoday.com/banks-target-argue-over-breach-suit-a-7473

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