Labor Days
Study Suggests that Data Breaches Among Businesses May Be on the Rise
A recent study released by the Identity Theft Resource Center (“ITRC”), a non-profit organization dedicated exclusively to the prevention of identity theft, suggests that in 2009, while the government appeared to be…
Data Breach Coverage: Underwriting at the Point of Claim?
The recently filed case of First Bank v. Federal Insurance Company reflects yet another financial services provider that was the subject of a data breach incident, and was forced into litigation with its insurers as…
Federal Agencies Issue FAQs on FACTA Red Flag Compliance
Last week, the Federal Trade Commission, jointly with other federal agencies that regulate financial institutions, released "frequently asked questions" designed to provide additional assistance to companies required…
Wave of Class Actions for Data Security Breaches
If your company collects customers’ personal data in the course of its business, be aware of the wave of class actions that have recently been filed arising out of data security breaches. Finkelstein Thompson, a…
Identity Theft Litigation Update: Recent Cases Show Trend Toward Dismissal of Speculative Claims
Several weeks ago, we discussed how most courts were rejecting lawsuits where the plaintiffs claimed “damages” in the form of an increased risk of identity theft, generally stemming from allegations of an accidental…