Travelers, Web Design Co. Settle Bank Data Breach Battle
By Daniel Siegal (April 14, 2015, 7:51 PM EDT) -- Travelers Casualty and Surety Co. has settled with a web design company it accused of negligently maintaining a community bank's website and allowing hackers to steal bank customer information in 2012, according to a stipulation filed Monday in Illinois federal court.
Travelers, as the assignee of Northern Illinois' Alpine Bank, had alleged the studio breached its duty of care to Alpine Bank by not maintaining the website in a condition appropriate for a bank website and not adequately encrypting bank customer data, among other things.
On Tuesday, U.S. District Judge Milton I. Shadur held a hearing on the stipulation and dismissed...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!