Data Breaches in the Retail Industry

Retailers continue to be at the epicenter of data breaches and breach-related litigation, as their high-volume access to valuable payment card data and other sensitive information make them prime targets for criminals. Retailers that suffer a security breach face a number of challenges, including answering to regulators and law enforcement authorities, responding to contract claims from payment card issuing banks and payment processors, defending against class action lawsuits brought by affected consumers, and even confronting shareholder derivative suits. In this presentation, Baker & Hostetler Partner Judy Selby and Counsel Melinda McLellan discuss the current regulatory and legal landscape affecting retailers in the data breach context, and how relevant legal standards continue to develop in this rapidly-evolving area.

Learning Objectives:

I.    Summarize how to respond to a retail breach 

II.   Understand the current regulatory landscape affecting retailers 

III.  Identify relevant legal standards within the retail industry