Banks Suing After Payment Card Breach Face Difficulty

By Donald Houser and Ashley Miller ( May 10, 2018, 1:34 PM EDT) -- The explosion of data breaches across all mediums and industries — and payment card breaches in particular — is well known. High-profile payment card breaches have dominated recent headlines, with criminal attacks on Chipotle, Sonic and Under Armour, just to name a few.[1] By the numbers, breach incidents quadrupled in 2017.[2] And not only is the frequency increasing, the cost is as well. The average cost of a data breach in the U.S. was $7.35 million per breach incident in 2017, up 5 percent from 2016.[3] Indeed, some industry analysts predict that the damage from cybercrime generally will reach $6 trillion by 2021.[4]...

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!