Payment Card Data Found Not To Be Trade Secret Under DTSA

Mealey's (October 26, 2018, 1:52 PM EDT) -- DENVER — A federal judge in Colorado on Oct. 24 ruled that two financial institutions failed to sufficiently show that payment card data is a trade secret or that the data has any independent economic value in bringing their Defend Trade Secrets Act (DTSA) claims against fast food restaurant operator Chipotle Mexican Grill Inc. for its role in a massive data breach (Bellwether Community Credit Union, et al. v. Chipotle Mexican Grill Inc., No. 17-1102, D. Colo., 2018 U.S. Dist. LEXIS 182717)....