More on Genesco’s lawsuit over Visa’s fines following a data breach: Jeffrey Benzing reports that Genesco is arguing that Visa’s own internal documents show that they view breach fines as penalties and not compensatory. Genesco argues that the fines are therefore unenforceable under California law. Read more about their legal argument on Main Justice. Previous…
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Visa seeks partial dismissal of Genesco’s data breach lawsuit
Small update on Genesco’s lawsuit against Visa, discussed previously on this blog. Duane Marsteller reports: Visa has asked a federal judge to partially dismiss Nashville-based retailer Genesco Inc.’s data-breach lawsuit against it, court records show. In a motion filed last week, the card company said two of Genesco’s seven causes of action should be stricken…
Genesco takes VISA to court over data breach (updated)
Back in January, there were reports that Genesco might sue card issuers over their response to the firm’s malware breach in 2010. Now dmarsteller reports that Genesco has, indeed, sued VISA. The lawsuit was filed Thursday in Nashville. dmarsteller explains: VISA later fined Fifth Third Bank and Wells Fargo $5,000 each and levied another $13.3…
Genesco may sue credit card companies over fines for 2010 data breach
In December 2010, Genesco, the parent company of United States Journeys, Journeys Kidz, Shi by Journeys, Johnston & Murphy, and Underground Station, disclosed its network had been compromised by malware and that it had first learned of the compromise from payment processors. Fast forward two years, and Genesco may be suing American Express, MasterCard and Visa for $15.6 million, according…
(follow-up) Genesco notification to NH available online
Genesco’s notification letter to the NH Attorney General’s Office is available online. Their press release announcing the breach had been posted previously on this site. The notification to the state does not add a tremendous amount of detail, but does note that the company first became aware of a problem when it was contacted by…
Genesco Suffers Criminal Computer System Intrusion
Genesco Inc. (NYSE: GCO) announced today that it suffered a criminal intrusion into the portion of its computer network that processes payment card transactions for its United States Journeys, Journeys Kidz, Shi by Journeys and Johnston & Murphy stores, and for some of its Underground Station stores. The Company took immediate steps to secure the…