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.
An army of 40,000 small office/home office routers have been exploited by automated malware. But who's responsible for devices being vulnerable: vendors for using well-known defaults; or distributors and IT managers for not locking them down?
Caffeine junkies are up in arms over reports that criminals have been targeting their Starbucks account balances. But the real story is poor password-picking practices by consumers, and Starbucks' lack of multi-factor authentication.
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.
Wanted: Hackers for hire. Or in British government parlance: "Committed and responsible individuals who have the potential to carry out computer network operations to keep the U.K. safe." Ready to apply?
The FBI is offering a big-stakes reward for an alleged criminal who ranks at the top of its "cyber most wanted" list. But one cybercrime expert asks: "Would you cross the Russian mafia or some organized crime gang for $3 million?"
Fraudsters have been hacking into and draining Starbucks accounts, customers report. Security experts say attackers appear to be guessing weak account passwords, then using funds to fill up gift cards destined for the black market.
Ed Felten, the new federal deputy chief technology officer, hasn't been shy about criticizing the federal government, whether it's about the NSA undermining encryption standards or the FBI not being entirely transparent on malware warnings.
Much of today's crime is "cyber-enabled," warns cybercrime expert Raj Samani, and successfully blocking such attacks increasingly demands not just better technology and public-private collaboration, but also an understanding of psychology.
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.