Judge Grants Class Action Status to Issuers in Target Suit
A federal court in Minnesota yesterday granted class action status to a lawsuit by financial institutions against Target over the...
Cybersecurity
ABA Infographic, Ad Educate Customers on EMV Transition
With the liability shift for EMV card technology coming up on Oct. 1 and many customers receiving chip-enabled cards in...
Banks Win Class Certification in Target Data Breach Litigation
The court also named Zimmerman Reed and Chestnut Cambronne as class counsel and Umpqua Bank, Mutual Bank, Village Bank, CSE...
Weekly Infobyte: What Do Cyber Insurance Policies Include?
Eighty-eight percent of banks carry cyber insurance, but their specific policies differ in what they cover.
Chicago Fed’s Aadland to Lead Secure Payments Strategy
The Federal Reserve today named Todd Aadland as the system’s secure payments strategy leader, responsible for leading the Fed’s efforts...
Survey: Mobile Banking Offerings Outpace Consumer Adoption
Mobile banking is rapidly moving to near-universal availability, but customer uptake rates remain relatively low, according to a newly released...
Third Circuit Affirms FTC’s Authority to Regulate Cybersecurity
The Third Circuit’s decision will strengthen the FTC’s exercise of authority over issues of cybersecurity.
Visa Inks $67 Million Data Breach Settlement with Target
Visa and Target have reached a $67 million settlement of claims by Visa and its card issuers related to losses...
