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Friday, January 3, 2014

Class Action Lawsuit Against Target Led by Cleveland Woman After Credit Card Hack

Posted By on Fri, Jan 3, 2014 at 4:02 PM


Just weeks after Target announced that some 40 million credit card numbers were hacked between November 27 and December 15, a Cleveland-area woman filed a federal class action lawsuit against the big box store. Apparently, the company's goodwill offering of 10% off all purchases for one weekend in December was not enough to soothe the hurt feelings and battered bank account of Michelle Mannion of Amherst.

Hers was among the credit card numbers yanked by hackers who installed malware in Target's point-of-sale systems. Her bank account was subsequently drained (something most folks are familiar enough with after a stop for "just one or two things" at Target), though her lawyer says they're still figuring out the grand total.

Via, the gist of the suit is that Target took their sweet time correcting the situation. Another way to read that: We can't sue the hackers, so we'll sue Target.

“The malware was discovered on our point-of-sale systems in our U.S. stores on December 15,” the company said in a prepared release. “At that time, we disabled the malicious code and immediately began notifying our card processors and the payment card networks.

But according to Mannion’s class action lawsuit, filed Tuesday in U.S. District Court, Target didn’t act quickly enough to prevent millions of dollars in losses.

If not for Target's negligence, the thieves could not have accessed this information and installed the software on Target's point-of-sale machines, the lawsuit said.

"The credit card information stolen from 40 million accounts has now infiltrated the global black market,” the lawsuit said. “The credit and debit card numbers were selling in batches of 1 million cards for as little as $20 to as high as $100 per card."

1 million cards for just $20 sounds more like a Wal-Mart deal to us.

Read the lawsuit below.

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