Quotes
-
“ Recurrent reports about breaches of electronic data systemsâof governmental agencies, the nationâs utility grid, merchants or other institutionsâhave generated increased apprehension, as consumers learn that the convenient card-based alternatives to cash turn out to have their own risks. ”
-
“ Such a decision involves complex arguments regarding the adequacy of current consumer protection, efficient risk allocation, the economics of doing business, and the efficacy of lawsuits as a way to resolve such issues. ”
Entities Mentioned
Authors
-
U.S. District Court Judge D. Brock Hornby on Tuesday (May 12) became the latest jurist to rule in favor of data-breached retailers, telling Hannaford consumers that because they were compensated by their banks, they have no basis to sue civilly here. "There is no way to value and recompense the time and effort that consumers spent in reconstituting their bill-paying arrangements or talking to bank representatives to explain what charges were fraudulent. Those are the ordinary frustrations and inconveniences that everyone confronts in daily life with or without fraud or negligence."Similar to rulings from cases fellow data-breach retail ... (Read Full Article)
Bookmark or Share this article
Related Articles
- Breaches Blast 2007 Record
- also categorized in Consumer
- With End-to-End Encryption, Whose End Is Getting Protected?
- also published in StorefrontBacktalk
- Breaking Identity Theft News: Good for Us, Bad for Uncle Sam
- also categorized in Consumer
- Senate Passes Stricter Identity Theft Legislation
- also mentions Congress
- Identity Theft 101: Removing the Target from College Students
- also categorized in Consumer
- Federal Judge In Hannaford Databreach Case To Decide Responsibility Issues
- also mentions U.S. District Court
- Incredibly, identity theft scam run by a Girl Scout leader.
- also mentions Florida
- Fact Sheet 134 - Business on the Move
- also categorized in Consumer
- Banks Scramble in Wake of Heartland Breach
- also mentions Maine
- Federal Appellate Panel Sends TJX Case Back To Court, Move Likely To Cost TJX Millions More
- also published in StorefrontBacktalk







Recent Comments
Derek Beckwith » New Law Aims to Shore Up Retail Data Security
Businesses large and small should take note of this important compliance development.
Derek Beckwith » Mass. institutes new identity theft regulations
Actually, the law impacts any business storing the PII (personally identifiable information) of any Massachusetts ...
See all recent comments