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Join the Cybersecurity and Incident Response Group on LinkedInSome Good News for the Cybersecurity Class Action Bar | LinkedIn
The cybersecurity class action bar might be celebrating the holidays a bit early this year. The enthusiasm stems from a recent (but barely noticed) judicial letter from Judge Paul W. Grimm, of the United States Federal District Court for the District of Maryland, who oversees class action litigation arising out of last year’s data breach […]
Appeals court allows data breach lawsuit by federal workers to go forward | TheHill
The D.C. Circuit Court of Appeals on Friday ruled that two groups of federal workers can move forward with their class action lawsuits against the Office of Personnel Management (OPM) over a 2015 data breach that exposed the personal information of 22 million people.According to the appeals court, the data breach left the plaintiffs vulnerable to identity theft, […]
Swiss Cryptocurrency Haven Lands in $1 Billion U.S. Lawsuit – Bloomberg Quint
One of the highest profile digital-currency projects in Switzerland, a country that’s been among the most enthusiastic advocates for cryptocurrencies, is under fire from both outsiders and insiders over allegations of false marketing and mismanagement, prompting its president to resign. Now the Tezos Foundation, which raised $232 million in an initial coin offering, is engaged in […]
Coinbase faces three lawsuits over security practices and insider trading allegations
Ars Technica reports that disgruntled customers have filed three federal lawsuits over the past month against Coinbase, likely the most popular platform for trading cryptocurrencies. Coinbase claims to host more than 10 million users and to have facilitated more than $50 billion worth of cryptocurrency trading. The suits filed against it include allegations of lax […]
Considering Standing Law and Future Risk of Harm in Data Breach Litigation – Big Law Business
Two cases decided within the space of just a few weeks by the U.S. Court of Appeals for the Eighth Circuit and the District of Columbia Circuit show the difficulty courts have in evaluating whether plaintiffs in data breach class actions have standing to pursue their claims. These cases deepen what some consider an “existing […]
Cyber attacks and litigation expected to jump in 2016 — Inside Counsel
In addition to an increase in data breaches, privacy attorneys expect that large-scale breaches, along with companies’ handling of personal information, will cause a large wave of cybersecurity litigation moving forward, even as the heightened publicity of some attacks hasn’t yet translated into a larger number of suits or more successful results for plaintiffs in […]
Will Investors Sue Over the Sony Hack Attack? | The D&O Diary
… But arguably the highest profile cyber breach during the year was the hack attack on Sony Pictures Entertainment apparently related to the company’s release of the controversial movie “The Interview.” Though at least six class action lawsuits have been filed on behalf of present and former Sony employees, so far there have been no […]
Defendants Should Step Up Fight in Data Breach Cases, Lawyers Say | The Legal Intelligencer
Plaintiffs are increasingly winning in the earlier stages of data breach litigation and defendants may be helping set unrealistic settlement figures out of a fear of going through discovery, attorneys on both sides of the issue said today. “Instead of thinking of ways to make [the plaintiff lawyer’s] life more difficult and fight class certification, […]
Experian Dragged Into Litigation Over Purchased Business’ Data Breach — Claims Journal
Experian Plc is enmeshed in litigation over its 2012 purchase of the assets of data firm Court Ventures, which is at the center of a breach that exposed some 200 million American Social Security numbers to criminals. via Experian Dragged Into Litigation Over Purchased Business’ Data Breach– Claims Journal