United States:
Home Depot Appeals Ruling On Banks' Ability To Seek Data Breach Damages
13 September 2016
by
Daniel J. McLoon
,
Mauricio Paez
,
Jonathon Little
,
Kevin Lyles
,
Todd McClelland
,
Jeff Rabkin
,
Adam Salter
,
Michiru Takahashi
,
Undine Von Diemar
,
Olivier Haas
,
Jörg Hladjk
,
Richard Johnson
,
Anand Varadarajan
and
Nicole Perry
Jones Day
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On July 5, Home Depot requested interlocutory review of a May 18
ruling holding that financial institutions have Article III
standing to seek damages following a data breach. Home Depot also
presented the question of whether retailers owe banks a duty to
protect against third-party cyber attacks.
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