Target Must Face Bank Claims of Negligence in Data Breach

The video discusses an old data breach involving Target, which is facing legal challenges from banks and customers. A judge has ruled that Target must address claims related to its failure to protect its systems from hackers, leading to the theft of millions of customers' credit card information. This situation is problematic for Target shareholders.

What must Target do in response to the claims from banks?

What implications does the data breach have for Target shareholders?