Credit card details for 20 million South Koreans were allegedly compromised following the breaches of three local credit card firms. An arrest has been made in the case.
Investigations and lawsuits are piling up for breached retailers Target Corp. and Neiman Marcus. Meanwhile, card-issuing banks say fraud patterns may reveal additional breaches at other well-known brands.
In the wake of the Target and Neiman Marcus data breaches, Steve Kenneally of the American Bankers Association calls for greater security and accountability throughout the U.S. payments system.
First Target, then Neiman Marcus; who's next? And while banking institutions await the next attack, how should they respond to customers' anxious questions about this latest round of high-profile retail data breaches?
For the second time in a month, a major U.S. retail chain acknowledges being the victim of an external data breach. Other retailers also may have been struck by attackers, one expert says.
Target Corp.'s revelation that personal information about up to 70 million customers was breached in a recent malware attack raises new questions about Target's security practices and risks to consumers.
Target now says personally identifiable information for up to 70 million of its customers was likely exposed in the December breach that also compromised some 40 million U.S. debit and credit cards.
In 2013, financial Trojans targeted more than 1,400 institutions in 88 countries - and these attacks are only growing. Symantec's Vikram Thakur tells how organizations can combat attackers in 2014.
We may never really know who or what is to blame for the Target breach that exposed as many as 40 million U.S. debit and credit cards, but there definitely is no shortage of theories from our readers.
Increasingly sophisticated prepaid card fraud is affecting more banking channels. Payments fraud expert Tom Wills offers insights on what banking institutions can do to mitigate this threat.
U.S. banks stopped $9 out of every $10 of attempted deposit account fraud in 2012, according to a new ABA Fraud Survey Report. What are they doing right, and how must they improve fraud prevention in 2014?
Big-box retailer Target has confirmed that a breach that likely exposed some 40 million U.S. debit and credit accounts was caused by a malware attack that infected its point-of-sale system. Find out all the latest details.
Was it a point-of-sale attack? A network breach? Or was it an inside job? Fraud experts disagree over the cause of the Target data breach, but they are united in how banking institutions should respond.
Target Corp. confirms that a network intrusion may have exposed approximately 40 million debit and credit accounts. An investigation of the national big box retailer's breach is under way.
A breach that apparently began on Black Friday may have exposed millions of credit and debit cards used to conduct transactions at Target retail stores, two major U.S. card issuers tell Information Security Media Group.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.com, you agree to our use of cookies.
