Last year’s statistics are in, and they once again show that data security breaches remain a pervasive risk. For instance, Privacy Rights Clearinghouse reported that 613 of the 4,176 publicly announced data breaches between 2005 and 2013 occurred last year. Many, and certainly the ones that attract much publicity, involve attacks on payment card information. Yet the media often fails to mention one of a merchant’s greatest potential exposure risks: the contractual web through which card brands, like Visa and MasterCard, may try to impose assessments for card rules’ violations on victimized merchants.
When it happens to you: How to navigate a payment card breach
James DeGraw is a corporate partner in Ropes & Gray’s technology group and a member of Ropes & Gray’s technology, media & telecommunications...Bio and more articles
Michelle Visser is a business & securities litigation associate based in Ropes & Gray’s San Francisco office. She focuses on complex business litigation matters, including...Bio and more articles
Anne Johnson Palmer
Anne Johnson Palmer is a business & securities litigation associate based in Ropes & Gray’s San Francisco office. She represents clients in securities and complex...Bio and more articles