Chicago Business: Trustwave Holdings Inc., a Chicago-based credit card security company, was sued alongside Target Corp. by banks who say they suffered financial damages when the retailer was hacked during the holiday shopping season.
Although the most serious allegations are leveled at Target, the suit alleges that Trustwave failed to identify deficiencies in the retailer’s IT systems. Trustwave’s software audits companies’ IT systems to make sure they comply with credit card security regulations.
