Cyber breaches resulting in the release of personal identifiable information (PII) are increasingly common and now we are starting to see class action lawsuits filed as a result. In what will likely be the beginning of a wave of lawsuits filed as a result of cyber breaches, Schnucks Markets, operator of 100 supermarkets across the Midwest, recently removed a class action lawsuit filed against it to federal court stemming from a data breach that occurred in March in which 2.4 million credit card numbers were stolen.
Continue Reading New Data Breach Class Action has Two Million Potential Plaintiffs
Small Business Especially Susceptible to Cyber Attacks
While fraud protection has become a common expectation from consumers in regards to their bank accounts and credit accounts, treatment of commercial clients including small businesses in the face of a cyber attack or fraud is more opaque.
Smaller companies are more vulnerable to cyber threats than their larger counterparts due to the lack of