Target Sued Over Data Breach
Target is facing multiple class-action lawsuits following a data breach that resulted in the theft of millions customers’ credit and debit card information.
About the Target Lawsuits
Attorneys across the U.S. began filing the first lawsuits against Target two days after officials with the retail giant confirmed that approximately 40 million debit and credit cards had been compromised.
In general, the lawsuits allege that the enormous security breach would not have been possible but for the negligence of the company and go on to allege that the company should have notified customers as soon as they learned of the breach.
While some of the lawsuits address actual fraudulent charges, such as a case in which the plaintiff alleges $200 in fraudulent charges, others claim that the data leak has put consumers at an increased risk of fraudulent charges, identity theft and damage to their credit scores.
Target has addressed the concerns stating that as only card numbers, customer names and expiration dates were stolen, identity theft from the breach would be near impossible.
Target has also alleged that the hackers were not able to access customer PINs or Card Security Codes (the three digit number printed on the back of credit and debit cards).
Other reports indicate that fraud analysts have been able to purchase credit and debit card information acquired during the breach through black market websites.
Which Target Customers are at Risk?
- Recent reports indicate that all of its nearly 1,800 U.S. stores could have been affected by the data breach.
- The stolen data involves customers who shopped at the company’s retail stores between November 27 and December 15 – there is no indication that online shoppers were affected.
- The breach is the second largest instance of credit card theft in the U.S. behind a 2005 scam that compromised the credit and debit cards of 45.7 million TJX Cos shoppers – TJX agreed to pay $9.75 million to settle multiple lawsuits which arose from the breach.
- Customers who may have made credit or debit card purchases during the affected time period are urged to monitor their account activity closely and request replacement cards.
Contact an Experienced Consumer Protection Attorney
Thomas J. Henry are leaders in the area of consumer protection litigation. Our attorneys have the knowledge and resources to represent clients efficiently and aggressively. If your personal information was compromised as the result of the Target data breach, contact Thomas J. Henry immediately. We are available 24/7, nights and weekends.