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Banks Withdraw Lawsuits Against Target and Trustwave

UPDATE  to our story yesterday:

In what apparently is a big "oops," two banks that took legal action against Target over its recent data breach have withdrawn their claims.  The suits were withdrawn due to an erroneous allegation against Trustwave, a security vendor also named in the suit.

Green Bank of Houston filed a notice of dismissal Monday in the U.S. District Court for the Northern District of Illinois, effectively saying it will no longer pursue the claim. Trustmark National Bank of New York made a similar filing Monday.

Read more here:  Computerworld

 

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Cynthia J. Larose

Member / Co-Chair, Privacy & Cybersecurity Practice

Cynthia J. Larose is Chair of the firm's Privacy & Cybersecurity Practice, a Certified Information Privacy Professional-US (CIPP-US), and a Certified Information Privacy Professional-Europe (CIPP-E). She works with clients in various industries to develop comprehensive information security programs on the front end, and provides timely counsel when it becomes necessary to respond to a data breach.