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Daily Dashboard | Retailer Sues Visa Over Fines, Breach Affects 25,000 Related reading: US NTIA releases AI Accountability Policy Report

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RIS News reports on “what appears to be a first-of-its-kind lawsuit” in which retailer Genesco is suing Visa over $13 million in fines it collected after Genesco’s 2010 data breach involving packet-sniffing software on its network. Visa fined Wells Fargo and Fifth Third Financial, transaction processors used by Genesco, for violations of PCI standards. The companies paid the fines with money from Genesco accounts. Genesco’s suit accuses Visa of “legally unenforceable penalties masquerading as fines, breaching its contracts with the banks and engaging in unfair business practices under California law.” In other breach news, a data incident at Salem State University has potentially affected 25,000 current and former employees, and a man convicted of stealing more than 100,000 e-mail addresses of iPad users is facing sentencing this week.
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