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Target's $39M Breach Deal Boosts Banks' Recovery Prospects

By Allison Grande ( December 2, 2015, 10:08 PM EST) -- The $39 million settlement between Target and a class of card issuers to resolve their data breach dispute is an example to financial institutions that they don't need to shoulder all of the liability for retail hacks and can recoup significant sums for their losses — especially if they resist offers from the major card brands, attorneys say....

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