1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Neiman Marcus case a reminder to check your cyber coverage

Discussion in 'CSO' started by RSS, Jul 31, 2015.

  1. RSS

    RSS New Member Member

    In a decision that should send major corporations to double-check their cyberinsurance, a federal appeals court ruled Monday that retail customers could go ahead and file a class-action lawsuit against Neiman Marcus in the wake of last year's data breach.

    Previously, such cases were dismissed because the customers hadn't suffered any actual damages.

    In the decision, the judges ruled that breach posed a substantial risk of harm to the customers.

    MORE ON CSO: 10 mistakes companies make after a data breach

    "Why else would hackers break into a store's database and steal consumers' private information?” they said.

    To read this article in full or to leave a comment, please click here

    Continue reading...

Share This Page