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Internet Service Looks To Settle Class-Action

PRIVACY LAW—U.S.

July 12, 2012

Attorneys in a class-action lawsuit against an Austin-based Internet service are working toward a settlement, the Austin American-Statesman reports. Last year, Stratfor, Inc., experienced a breach involving thousands of customer records including credit card numbers. The class-action lawsuit was filed in January in federal court in New York, the report states, and sought more than $50 million in damages on behalf of the more than 800,000 individuals potentially affected by the breach. Those affected have until August 15 to join the settlement class. In March, the Federal Bureau of Investigation arrested members of hacker group LulzSec, which it believes was responsible for the Stratfor hack.
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