[ISN] Bank abandons place in class-action suit against Target, Trustwave

http://www.computerworld.com/s/article/9247309/Bank_abandons_place_in_class_action_suit_against_Target_Trustwave By Jeremy Kirk IDG News Service March 31, 2014 One of the two banks suing Target and security vendor Trustwave over responsibility for one the largest data breaches in history has pulled out of the lawsuit. Trustmark National Bank, of New York, filed a notice of dismissal of its claims on Friday in U.S. District Court for the Northern District of Illinois. It had joined Green Bank of Houston in the class-action suit, which claims Target and Trustwave failed to stop the theft of 40 million payment card details and 70 million other personal records. The suit may have wrongly named Trustwave as one of Target’s IT security contractors. After the suit was filed on March 24, Trustwave said it would not comment on pending litigation and customarily does not identify its customers. Many agreements with IT vendors and customers are confidential. But on Saturday, Trustwave’s Chairman and CEO Robert J. McCullen added more clarity by writing a letter on its website saying Target did not outsource its data security or IT obligations to the company. […]




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