Retailers Face Pitfalls In Effort To Share Cyberthreat Info

Law360, New York (June 4, 2014, 3:38 PM EDT) -- A recent initiative by Target Corp., J.C. Penney Co. Inc. and other retailers to promote the sharing of cyberthreat information could provide the companies with a valuable tool to guard against data breaches and resulting negligence claims, as long as they're careful to act on common threats and avoid sharing customer data, attorneys say.

On May 14, the Retailers Industry Leaders Association along with dozens of top U.S. retailers launched the Retail Cyber Intelligence Sharing Center, in an effort to provide participating industry members with more detailed threat data, advanced training, education and research resources to combat increasingly sophisticated and prevalent...

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