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Expert Analysis

The Role Of Economics In Data Breach Class Actions

Law360, New York (September 19, 2014, 10:49 AM EDT) -- Over the past year, there has been a wave of cyberattacks on payment data systems at major U.S. retailers. Nationwide chains such as Target Corp., Neiman Marcus Group LTD Inc. and Michaels Companies Inc. have experienced breaches in which customers' data has been taken or exposed to unauthorized parties. Subsequent to these data breaches, consumer class actions were filed against each retailer on behalf of customers whose data was compromised.[1]...

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