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Banks sue security firm Trustwave over Target breach: American Banker

26
Mar
2014

(Reuters) – Trustmark National Bank and Green Bank N.A. have sued security firm Trustwave for damages suffered from the holiday season data breach at Target Corp, accusing the company of failing to identify security gaps, the American Banker reported. The two banks are seeking damages of more than $5 million and named Trustwave Holdings and Target as defendants, the American Banker said. Some 40 million payment card records were stolen from the discount retailer, along with 70 million other records with customer information such as addresses and telephone numbers, during the 2013 holiday shopping season.

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