Please check out: “Will Insurance Cover Target’s $19 Million MasterCard Settlement?”
I wrote a post that discusses card brand liabilities – the demands from payment card brands and payment card processors after a data breach of credit card and debit card numbers – and getting cyberinsurance to cover those liabilities. The post discusses Target’s disclosure of a $19 million settlement with MasterCard for card brand liabilities and whether Target’s cyberinsurance might cover the losses.
You can find the post on my firm‘s insurance recovery and insurance coverage blog, the BT Policyholder Protection Blog. My future insurance-related posts will be found there.