The lawsuit claims negligence and invasion of privacy. The suit also alleges the stolen data may make it possible for criminals to create counterfeit credit cards by encoding the stolen information onto plastic cards that contain a magnetic strip. Finally, the suit claims the breach may also have revealed consumersEU personal debit card codes.
EUTarget failed to implement and maintain reasonable security procedures and practices appropriate to the nature and scope of the information compromised in the data breach,EU according to the complaint.
A class action suit against Target could open up a PandoraEUs Box. Security industry analysts are waiting and watching, but it seems a class action suit may be a reach considering the damages.
EUI did some traditional shopping at Target between November 27 and December 15, and so I am in the affected customer set. Unfortunately, beyond canceling one's credit card -- which is a hassle -- there is not much a customer can do in such a situation,EU Wolfgang Kandek, CTO of Qualys, told us.
EUI have started to log into my credit card account more frequently and check my transactions, but otherwise I am trusting the fraud detection algorithms that my credit card company uses, plus their 60-day claim guarantee. It will be interesting to see how the attackers got into the network and what technical countermeasures were in place, but that will take months to surface as the forensics in such a case are extremely time consuming,EU he said.
We asked Chris Petersen, CTO and co-founder of LogRhythm, a log analysis firm,...