A lawsuit has been filed against STRATFOR, seeking more than $50 million in damages following a major security breach last December.

"According to Statesman.com, the class action lawsuit was filed by David Sterling in New York, accusing the company of negligence, breach of contract and violation of the Stored Communication Act," writes Softpedia's Eduard Kovacs.

"Stratfor is blamed for not taking the necessary steps to secure its computer system, thus resulting in the loss of 90,000 credit card details and over 5 million email messages," Kovacs writes.

Go to "Stratfor Faces Lawsuit for Failing to Secure Customer Data" to read the details.

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