Recent Developments Highlight Measures To Mitigate Litigation and Regulatory Exposure From Cyber-Attacks

Late last month, Target Corporation reached an $18.5 million settlement with the Attorneys General of 47 states and the District of Columbia, resolving the AGs’ investigation into Target’s 2013 data security breach.

Target’s recent settlement, when viewed in conjunction with other recent developments, provides a roadmap for prophylactic measures that companies may implement to limit the likelihood that cyber criminals will successfully obtain sensitive data and potentially limit liability if such an attack occurs.