Mastercard | Privacy & Security Matters

Failure to Obtain Required Retailer Approval Scuttles Target-MasterCard Data Breach Settlement

Target’s attempt to resolve claims of MasterCard-issuing banks through a $19 million private settlement with MasterCard has been terminated for failure of issuers of 90% of the affected cards to accept the settlement by the Wednesday, May 20 acceptance deadline. Press reports on Friday, May 22 indicated that both Target and MasterCard had confirmed that… Continue Reading

Report: Target Close To $20M Data Breach Settlement With Master Card

Posted By Kevin M. McGinty on April 15th, 2015 Posted in Class Action Litigation, Data Breach, Privacy Litigation

According to a report published today in The Wall Street Journal, Target and MasterCard are close to reaching a settlement of the claims of MasterCard-issuing institutions in connection with Target’s 2013 data breach. The settlement would reimburse the cost of reissuing debit and credit cards compromised by the breach, as well as a portion of… Continue Reading

Data Security Breach Alert: 1.5 Million Credit Card Customers Affected — UPDATE

Posted By Cynthia Larose on April 2nd, 2012 Posted in Data Breach, Data Breach Notification, Security

UPDATE: Initial reports of numbers of compromised records in data security breaches are often underestimated. Such appears to be the case in the Global Payments, Inc. incident that we wrote about last month. Initial reports stated that about 1.5 million credit and debit cards were compromised, but it is now believed that the number is… Continue Reading