Home Breaking News Target sued by 11 customers over credit card security breach

Target sued by 11 customers over credit card security breach


Target is being sued by at least 11 customers over a credit card security breach that saw details of more than 40 million cards stolen.

The lawsuits, each seeking class-action status, were filed in US courts in recent days.

Meanwhile, major US banks have moved to limit damages by restricting spending on debit cards.

Security researchers said the stolen card numbers had been seen on underground markets.

Senator Chuck Schumer has called for the Consumer Financial Protection Bureau to investigate the breach.

The thieves managed to grab key details for so many cards by getting malware on to the computer systems at the checkout desks in almost 1,800 Target stores in the US.

It is still not clear how the hackers managed to get their malware on to the systems.

Target is being sued by at least 11 customers over a credit card security breach

Target is being sued by at least 11 customers over a credit card security breach

The fraudsters had access to card data read at the tills for almost three weeks, said Target in a statement released after the attack.

Complaints against Target, seeking unspecified damages, have now been filed in Massachusetts by Amanda Tirado; in Florida by Maria Cruz and Jade Gray; in Oregon by Lisa Purcell; in Washington by Kathi Syvlester; in California by Samantha Wredberg and Jennifer Kirk; in Illinois by Janice McCarter and Veronica Ponce; and in Minnesota, the state where Target is based, by Sarah Horton and in a joint case by 0 and Bryan Barth.

In the complaints, customers who shopped at the retailer between November 27 and December 15 argue Target failed to notify them of the breach before it was first reported and did not “maintain reasonable security procedures” to prevent the attack.

They argue the “ramifications of [Target’s] failure to keep class members’ data secure are severe”, citing billions of dollars lost each year to identity theft.

If the cases are allowed as a class-action, it is believed the potential number of plaintiffs could be in the millions of dollars.

Meanwhile, JP Morgan Chase said it had lowered daily spending limits to $300 and daily cash withdrawal limits to $100 on potentially vulnerable cards as a “precaution”.

Reuters reported that other US banks are also believed to be putting stringent precautions in place that would help to spot if cards were being used fraudulently. In addition, Target said it would offer free credit monitoring for customers affected by fraud.

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Clyde is a business graduate interested in writing about latest news in politics and business. He enjoys writing and is about to publish his first book. He’s a pet lover and likes to spend time with family. When the time allows he likes to go fishing waiting for the muse to come.