| Regulatory inquiries after disclosure are a growing threat. Companies are suing each other to recover costs incurred after a cyber attack. Recently, banks and other financial institutions have filed lawsuits against restaurants that have been breached, claiming that they have suffered due to customers’ credit-card data being exposed.
For example, American Airlines Federal Credit Union sued Sonic Corp. in March, saying “unreasonable data security measures” allowed a 2017 breach at the fast-food chain. |
