data breach claims News

Banks Can Sue Target as Group Over Cyber Attack

Hundreds of banks and credit unions can band together to pursue damages from Target Corp. over a 2013 hacking attack that compromised as many as 40 million payment cards. The ruling Tuesday by U.S. District Judge Paul Magnuson in St. …

Looking Beyond the Breach: Recovery Analysis in Data Breach and Cyber Losses

Sony. Target. Michaels. It seems we are more and more hearing the names of major corporations being victims to data breaches. More alarming than the corporate names themselves are the insurance claims, damages and costs associated with a single data …