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Chicago – Information security firm Trustwave Holdings Inc., which is being sued in connection with the Target Corp. data breach, is denying that it managed data security for Target. In a letter to its business partners and clients, Trustwave CEO Robert McCullen said Trustwave did not monitor the Target data network or process credit card data from the retailer’s customers.
Trustwave is named along with Target in a lawsuit filed by Trustmark National Bank and Green Bank NA in the Northern District of Illinois that seeks at least $5 million in damages. The suit alleges Trustwave and Target improperly secured customer data, enabling the theft of millions of credit card numbers. The banks also intend to file a class action suit whose damages may total $1 billion.