Data Breaches Put Retail GCs In The Firing Line

By Allison Grande (May 21, 2014, 9:28 PM EDT) -- Recent high-profile data breaches at major retailers such as Target Corp. and Neiman Marcus Group Ltd. have ratcheted up the pressure on in-house counsel to effectively coordinate their company's preparation and response to cybersecurity threats, an especially difficult task given the thick cloud of regulatory and legal uncertainty surrounding how to handle breaches, according to experts.

Although retailers have long been concerned about both internal and external threats to the sensitive consumer data they hold, the recent spate of breaches that began with Target revealing the loss of millions of consumers' financial and personal data in December has put both companies...

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