Payments processing firm Global Payments Inc. has confirmed its role in a data breach that could prove to be the largest such incident since the Heartland Payment Systems breach.
The Global Payments Inc. breach could be one of the four largest card-related incidents in recent years. Here's a look at three other major payment card breaches.
From 2010: When he first learned of the full magnitude of the Heartland Payment Systems data breach, Heartland CEO Bob Carr had one overriding thought: "Can we survive this?"
The Paul Allen card breach reiterates a concern financial fraud experts have been screaming about for years: Socially-engineered schemes that compromise employees. So, what can institutions do about them?
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The average per capita cost of a data breach has declined from $214 to $194, according to the new Cost of a Data Breach study. But there are still plenty of causes for concern, says Dr. Larry Ponemon.
The Defense Department will employ a two-prong approach - securing the perimeter as well as the data - as it develops its cloud-computing architecture. "We're going to be able to better protect as we get more standardized," CIO Teresa Takai says.
ATM skimming is a growing global problem, despite steps taken in Europe and other markets to curb attacks on credit and debit cards. Why are we seeing increased fraud losses in these markets?
Verizon's 2012 Data Breach Investigations Report shows dramatic increases in attacks linked to hacktivist groups like Anonymous and LulzSec. How should organizations respond to this evolving threat?
Hacking is behind most large-scale data breaches. What steps can organizations and leaders take to safeguard their information post-attack? Karen Barney of the Identity Theft Resource Center offers advice.
The rise in hacktivism and data breaches changed the information security landscape. These incidents also influenced the content of RSA Conference 2012, says Hugh Thompson, event program committee chair.
In the weeks following last year's TRICARE health information breach, some of the 4.9 million beneficiaries affected became victims of financial fraud, an amended class action lawsuit states.
Customer awareness is important, especially as a fraud detection/prevention tool. Read how one sharp-eyed UPS driver recently helped foil an ATM skimming scam at a bank in New York.
Earlier this month, I had the chance to attend RSA Conference 2012, which always reminds me how fluid our industry is, and how important it is to stay educated and abreast of change.
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