Subprime liability claims could reach $4B Litigation stemming from the subprime mortgage crisis will result in $3 billion to $4 billion in directors and officers liability and errors and omissions claims.
Data breach could lead to $24 million settlement The deal is similar to a $40 million dollar payment T.J.X. worked out with Visa at the end of the year. It waives the rights of the credit card companies to sue the retailer in exchange for money to pay for breach related costs.
Case may spell trouble for software patents Two of the nation's leading civil liberties organizations and a new organization dedicated to the abolition of software patents have all filed amicus briefs
Grocery chain data breach offers lessons for CIOs The Hannaford Brothers grocery chain may have been PCI compliant, but that doesn't protect against an inside job. The theft of card data in transmission came after malware was installed on all of Hannaford's servers.
11th circuit freaks out about metatags Defendant Axiom included the plaintiff NAM's trademarks "Accu-Spina" and "IDD Therapy" in the metatags but did not otherwise use the terms.
Breach Insurance When it comes to natural disasters, such as floods or tornadoes, most companies wouldn't even consider going a day without insurance. But when it comes to network disasters, such as break-ins or insider sabotage, most companies don't have any insurance.
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