Target Sets High Bar For Data Breach Deals In Visa Pact

Law360, New York (August 18, 2015, 11:24 PM EDT) -- The agreement reached Tuesday by Target Corp. and Visa Inc. to reimburse card issuers for as much as $67 million for costs stemming from the retailer's 2013 cyberbreach is the largest single settlement of a data security litigation to date and could set a precedent for future deals, attorneys said.

Visa and Target  said Tuesday they have reached an agreement that could reportedly be worth as much as $67 million to reimburse card issuers for costs of the historic data breach that hit the retailer in 2013. (Credit: AP) The $67 million deal to repay Visa card issuers dwarfs the ill-fated $19...

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!

TRY LAW360 FREE FOR SEVEN DAYS

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?
Beta
Ask a question!