Gartner Analyst Avivah Litan, one of the first fraud experts to report the Global Payments Inc. data breach, says the latest revelations raise more questions than answers about the incident's impact.
The compromise of bank cards at two banks in New Zealand has garnered attention to the growing ATM fraud trend. What are the banks and law enforcement doing to address the losses?
As news of the Global Payments Inc. data breach spread, impacted organizations, including the major payment card brands, released statements about the incident. Following are the latest news releases.
In its second formal statement about its data breach, payments processor Global Payments Inc. says this incident is confined to North America and involves fewer than 1.5 million payment cards.
"We are making significant progress in defining and rectifying the event," says Paul R. Garcia, CEO of Global Payments Inc., discussing the breach he says may have exposed 1.5 million payment cards.
In the wake of the Global Payments Inc. card breach, ID theft expert Neal O'Farrell says banks and credit unions must be proactive with outreach to customers. What should institutions' messages include?
"If they can do it against RSA, that makes most of the other companies vulnerable," says Army Gen. Keith Alexander, the military's Cyber Command commander and National Security Agency director.
Backup storage cartridges containing personal information on about 800,000 adults and children in California's child support system were lost during shipment, state officials say.
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?
Information Security Media Group announces the launch of two new weekly newsletter tracks representing its DataBreachToday and InfoRiskToday media sites. Click for details on how to subscribe.
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.
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.