A federal judge on Tuesday rejected Target Corp.’s bid to dismiss a lawsuit by banks seeking to recoup money they spent reimbursing fraudulent charges and issuing new credit and debit cards because of the retailer’s late 2013 data breach. U.S. …
A Target Corp. lawyer told a judge that the company had no legal obligation to banks that claim to have lost tens of millions of dollars after a hack last year on the retailer’s payment processing systems. Target didn’t have …
Home Depot Inc. confirmed on Monday its payment security systems have been breached, a data theft analysts warn could rival Target Corp.’s massive breach last year. Home Depot said the data theft could impact its customers in stores across the …
The U.S. Judicial Panel on Multidistrict Litigation ordered that the many lawsuits that accuse Target Corp. of failing to protect customers from a data breach will be consolidated in the retailer’s home state Minnesota. The order brings together 33 lawsuits …
Fighting online data fraudsters is almost impossible as their ability to hack into new technology often outpaces companies’ efforts to protect it, senior businessmen and bankers gathering for the World Economic Forum (WEF) said. The mammoth data breach at U.S. …
