Citi Accused Of 'Shoddy' Security Before Data Breach

Law360, New York (October 11, 2011, 6:42 PM EDT) -- Citigroup Inc. and two affiliates were hit Friday in New York with a proposed class action claiming they essentially invited a breach of 360,000 customers' information in May with their “shoddy” credit and debit card security measures.

Named plaintiffs Kristina and Steven Orman brought the suit on behalf of all cardholders whose information was stolen in the breach, accusing Citigroup, Citicorp USA Inc. and Citibank NA of failing to prevent, disclose and remedy the breach, which took place on or around May 10.

The suit alleges...
To view the full article, register now.