Skip to content

Luciano Pisciotta et al v. Old National Bancorp

Case URL: 

On August 23, 2007, the U.S. Court of Appeals for the Seventh Circuit agreed with a lower court that there is no claim for damages for costs of past and future credit watch services subscribed to because of a data security breach. The case involved a bank whose website was hacked. The bank informed 101,000 customers or potential customers the breach could result in the theft of those customers' identities. But the court ruled that the costs of credit watch services aren't recoverable. At least that's the way the federal court decided that Indiana courts would rule when interpreting Indiana law.

Could this ruling benefit your bank in a similar situation? Read our analysis -- Info Breach, No Harm No Foul.


Penalties View All

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Courtwatch