Analysis

Home Depot Deal May Spur Banks To Sue Data Breach Targets

By Allison Grande (March 14, 2017, 11:45 PM EDT) -- Home Depot has agreed to fork over more than $25 million to put to bed a proposed class of financial institutions' data breach claims, a move that could prompt more banks and credit unions to go after the retailers that suffered the data breaches rather than pursue more traditional card brand recovery programs to recoup their losses....

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