Close
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Subscribe
Logo
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Subscribe
    Home Applications
    • Applications
    • Cybersecurity
    • IT Management

    Banks to Appeal TJX Decision

    Written by

    Evan Schuman
    Published December 10, 2007
    Share
    Facebook
    Twitter
    Linkedin

      eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

      As a retailer defending itself because of the world’s worst data breach, TJX has turned over more than 2.5 million pages of documents. That—plus the decision to appeal and some shifting of the blame to MasterCard—were the highlights from a series of federal filings late Dec. 6.

      In an anticipated move, lawyers for the banks that are suing TJX formally declared their intent to appeal to a federal appellate panel a Nov. 29 decision by U.S. District Court Judge William Young to deny class certification for their case.

      If that decision doesn’t change, it likely means the death of the last federal case against TJX for the nation’s worst credit-card data breach because of the difficulty in many of the banks in pursuing their own lawsuits.

      Still, bank attorneys said Dec. 6 that a handful of the plaintiffs—”five banks and three banker associations”—are still actively involved and said for the first time that “plaintiffs intend to prosecute one or more lawsuits in state court,” most likely in Massachusetts.

      Although several participants said the judge’s decision is likely to survive, that class-action decision could be changed in one of two ways. Young himself said he might change his mind after oral arguments scheduled for Dec. 11. The second way is for the appellate panel to overrule Young.

      In other TJX case tidbits from the Dec. 6 federal filings, TJX lawyers said they have already submitted to bank attorneys more than 2.5 million pages of documents, as well as other evidence. That was entered as part of a request for Young to give both sets of attorneys more time to prepare expert reports.

      Also, in making an argument to Young that several major financial players—including MasterCard—be forced to submit their own documents, TJX officials said the credit card company was partly responsible for the damage from the data breach.

      The plaintiffs include three MasterCard banks: Eagle Bank, Collinsville Savings Society and AmeriFirst Bank. Those banks have argued that TJX helped cause the breach by misleading them on their security preparedness. On Dec. 6, TJX countered, saying the bank’s losses were caused “not by any deceptive conduct on the part of TJX, but rather by the failure of MasterCard to implement measures to protect its members against and/or the failure of MasterCard’s members to follow MasterCard’s recommended practices for protecting themselves against the risk of payment card account data being stolen from a merchant such as TJX.”

      Specifically, TJX’s filing said MasterCard’s banks engaged “imprudent actions” such as “issuing alerts on numerous MasterCard accounts that were not placed at any risk by the TJX intrusion.”

      Retail Center Editor Evan Schuman can be reached at [email protected].

      Check out eWEEK.com’s Retail Center for the latest news, views and analysis on technology’s impact on retail.

      Evan Schuman
      Evan Schuman
      Evan Schuman is the editor of CIOInsight.com's Retail industry center. He has covered retail technology issues since 1988 for Ziff-Davis, CMP Media, IDG, Penton, Lebhar-Friedman, VNU, BusinessWeek, Business 2.0 and United Press International, among others.

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      MOST POPULAR ARTICLES

      Artificial Intelligence

      9 Best AI 3D Generators You Need...

      Sam Rinko - June 25, 2024 0
      AI 3D Generators are powerful tools for many different industries. Discover the best AI 3D Generators, and learn which is best for your specific use case.
      Read more
      Cloud

      RingCentral Expands Its Collaboration Platform

      Zeus Kerravala - November 22, 2023 0
      RingCentral adds AI-enabled contact center and hybrid event products to its suite of collaboration services.
      Read more
      Artificial Intelligence

      8 Best AI Data Analytics Software &...

      Aminu Abdullahi - January 18, 2024 0
      Learn the top AI data analytics software to use. Compare AI data analytics solutions & features to make the best choice for your business.
      Read more
      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Video

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2024 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.