The consolidated class-action lawsuit filed by banking institutions against Home Depot is more evidence of how issuers are no longer relying solely on card brands to be compensated for breach losses and expenses.
The EMV Migration Forum has published a new "roadmap" to help card issuers, acquirers and merchants prepare for the October card-present fraud liability shift date. Director Randy Vanderhoof explains why the clarification is needed.
A new breach reported by Heartland Payment Systems won't get much attention. But this incident could be more damaging to the undisclosed number of consumers affected than was Heartland's 2008 payment card breach.
Sally Beauty Supply says that a four-week investigation shows that the retailer suffered a six-week point-of-sale malware attack at U.S. stores, compromising card data for an unknown number of customers.
Five best practices noted in version 3.0 of the PCI Data Security Standard will become requirements after June 30, with remote access and third-party risks the key focus - particularly for smaller merchants.
It's no surprise that virus-wielding hackers are exploiting Internet of Things devices. Blame too many device manufacturers rushing products to market, skimping on secure development practices and failing to audit the third-party code they use.
This year's Infosecurity Europe conference in London is offering a top-notch range of sessions, ranging from how to battle cybercrime and social engineering to building a better security culture and workforce. Here's my list of must-see sessions.
MasterCard's breach settlement with Target has been derailed after not enough card issuers agreed to the terms. Now MasterCard is expected to attempt to renegotiate, while banks continue with a class-action lawsuit against the retailer.
Visa has agreed to increase the reimbursement paid to banking institutions that must reissue cards in the wake of a merchant breach. Now the smaller card issuers, such as community banks, are getting paid the most.
After recently announcing an investigation, Sally Beauty Supply now confirms that it has "sufficient evidence to confirm that an illegal intrusion into our payment system has indeed occurred." The retailer reported a similar breach in March 2014.
A judge's decision to allow MasterCard's settlement with Target to stand isn't likely to be appealed and could discourage banking institutions, some experts say, from continuing to pursue a breach-related class-action lawsuit they filed against the retailer.
It's unlikely that the same hackers that hit Sally Beauty in 2014 struck the company a second time this year, several threat intelligence experts say. Find out the latest theories about what may have led to the apparent second breach of the retailer.