Real Losses Bolster $5M Kmart Data Breach Deal, Banks Say

By Allison Grande (August 17, 2016, 4:16 PM EDT) -- A proposed class of banks suing Kmart over its 2014 data breach shot back Wednesday at concerns over standing that have made an Illinois federal judge reluctant to sign off on the parties' $5.2 million settlement, arguing that the costs the financial institutions have incurred are far from speculative....

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