February 20, 2015

Author: Michael N. White

A December 2014 ruling by U.S. District Court Judge Paul A. Magnuson1 has opened the door, albeit only a crack, for the possibility that banks could recover their costs associated with a retailer’s data breach of customers’ credit and debit card information. In December 2013, Target Corporation had announced that computer hackers stole credit and debit card information for approximately 110 million Target customers over a three-week period. 

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