Eleven law firms filed with a Minnesota court this past week to ask for class-action certification over Target's 2013 data breach.
The Securities and Exchange Commission will not penalize Target Corp. for a cyberattack two years ago in which credit card and other personal information of millions of customers was exposed.
Target will fork over as much as $67 million to banks issuing Visa cards and $10 million to customers who were affected in its 2013 breach.
As six major retailers spanning the U.S., Canada and the U.K. enter the second month of having their online photo print operations shuttered by hackers, industry analysts say the damage to consumers and the retailers could be significant in both data and dollars.
Geraldine "Gerri" Elliot was appointed by the cyber security solutions firm Impeva to the company's board of directors.
Square countered the claim of three Boston University graduates that its reader can be quickly and easily converted into a credit card skimmer.
Three top-selling smart home hubs on Amazon have zero-day vulnerabilities that could allow an outsider entry into the user's home, Tripwire reported.
Speaking at a Federal Reserve Bank of Kansas City conference, Jerome Powell called EMV card deployment a step forward but questioned the security of cards that use signatures, not PINs, for authentication.
Visa and FireEye formed a partnership aimed at helping merchants and card issuers access threat intelligence and combat cyber attacks.
The Wall Street Journal reports that some of MasterCard's biggest issuers refused to back the breach settlement.
There's been quite a bit of lip service paid to the ages-old concept of information sharing, says Illena Armstrong, VP, editorial, SC Magazine..
Swapping out magnetic stripe payment cards for those equipped with computer chips is no small task, reports Karen Epper Hoffman.
A federal judge recently denied banks' motion to block the settlement, but now the deal has been nixed for different reasons.
Starbucks customers say auto-reload feature is being used to steal from their linked credit cards and bank accounts.
Trustwave also found that the Punkey threat family and NewPosThings share the same code base.
Trend Micro warns that the threat could spread, as the sole perpetrator of the attacks is selling the malware.
Trend Micro believes that point-of-sale malware attackers will increasingly target travelers.
A recent Verizon study found that regular testing of security systems was a compliance weak point for merchants.
The percentage of companies compliant with PCI DSS Requirement 11 dropped to 33 percent last year, a Verizon report found.
A new study from Javelin Strategy & Research has found that both the fraud rate and the amount of money lost to fraud decreased this year.
Unnamed attackers attempted to gain access to some Toys"R"Us reward program profile in January, prompting the company to send email notifications and request users change their passwords.
Brian Krebs uncovered that a third parking service has been targeted by the same cybercriminals that hit Target and Home Depot.
A Georgia judge ordered Home Depot respond to class-action lawsuit allegations surrounding the retailer's major data breach this past summer by July 2015.
As we all gear up for the holidays with plans to purchase any number of items online, cyberthieves too are gearing up with more and more creative ways to steal money, credentials and critical data from any number of organizations.
Phishing emails are made to look like order confirmations from major retailers, like Best Buy, Target and Walmart, security firm Malcovery warns.
The National Association of Federal Credit Unions is asking Congress to establish national data breach and notification standards for retailers.
The FBI and Homeland Security's US-CERT team have both warned that online scams, taking advantage of the holiday shopping frenzy, will be plentiful this season.
Damballa observed the spike in infections, which followed a Backoff peak in Q3.
Vladimir Drinkman, who was charged for his involvement in the Heartland breach, is currently in the Netherlands.
A new study found that consumers are becoming more aware of security procedures at retailers after breaches have dominated this year's news cycle.
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