Stratfor Settles Suit Over 'Anonymous' Hacking Incident

Law360, New York (June 28, 2012, 8:58 PM EDT) -- Insurance brokerage Sterling & Sterling Inc. and Strategic Forecasting Inc. recently settled a New York class action alleging lax security at the private intelligence powerhouse allowed hackers to steal customer credit card data and a range of other private information.

U.S. District Judge Denis R. Hurley gave preliminary approval on June 14 to a settlement ending a class action launched in January after members of the hacker group Anonymous claimed on Christmas Eve to have broken through Stratfor's security systems and stolen a cache of information,...
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