Tag: Target data breach

Cyber Liability Insurance and Sony’s Lawsuit

Before the data breaches at Anthem, Home Depot, Neiman Marcus, and Target, there was Sony. In 2011, the Sony Playstation Network was hacked resulting in the theft of customer data. Sony pushed to have their insurer, Zurich, cover the losses resulting from the data breach, but Zurich denied the claim. Sony had a general liability policy, but not a cyber liability policy with Zurich.

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Do You Have a Data Breach Response Plan?

Businesses have all kinds of plans; marketing plans, strategic plans, safety plans, sales plans, production plans, staffing plans, and even cash management plans. But do you have a data breach plan? If we’ve learned anything over the past 7 months, data breaches do occur, and they seem to be occurring at a faster rate than ever before.

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Credit Card Fraud and Identity Theft Protection

Credit card fraud and identity theft have been in the news a lot over the last 6 weeks. It all started with the news that Target’s card processing systems were hacked resulting in the unlawful theft of 40 million customers’ account numbers and PINs. This data was sold on various black markets resulting in fraudulent purchases being made with fake credit and debit cards.

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Lessons from the Debit and Credit Card Breach at Target

Target and news services disclosed late last week the PIN numbers of debit cards were also obtained as a part of the data stolen during the debit and credit card breach at US Target stores from November 27th through December 15th. Security analysts recommend anyone who used their debit card at Target during these dates go ahead and change their PIN number.

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