In a much-anticipated court ruling, a Minnesota federal judge said Dec. 2 that Target Corp. had a duty to protect debit and credit card information from cyberthieves.
U.S. District Judge Paul Magnuson rejected Target's attempt to dismiss claims filed by a group of financial institutions seeking damages related to the retailer's data breach in late 2013, court documents said.
The judge ruled that the plaintiffs, which included the $282 million CSE Federal Credit Union in Lake Charles, La., had a plausible case for negligence because Target played a key role in allowing cyberthieves to hack into computer systems and obtain card data and possibly personal information of card holders, the documents said.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
