2nd 20MM Class Action Lawsuit against RBS WorldPay
A firm in Philadelphia has filed a second class action lawsuite against RBS WorldPay in the amount of 20 million. This is after criminals stole 9 million in a highly coordinated ATM fraud scheme. See previous post here for more information.
It is becoming so that data breach is synonymous with class-action lawsuit. Worse still, the lawsuits are typically several times the amount of money that the hard costs of the breach itself (in this case 9 million just in cash loses).
http://news.scotsman.com/scotland/US-arm-of-RBS-faces.4989997.jp
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