Target Corp. confirms that the December breach that affected 40 million credit and debit cards, along with personal information on up to 70 million customers, had a major impact on the company's earnings in the fourth quarter of 2013.
Lawsuits that card issuers have filed against Target to help recoup expenses associated with the retailer's breach aren't likely to reap big rewards, two legal experts say. But they are sending a strong message.
A law firm has developed a free iPhone app, Data Breach 411, to help organizations with breach notification compliance. The app provides links to 46 state data breach notification laws, relevant federal statutes and other resources.
Attorney Kim Peretti helped put TJX hacker Albert Gonzalez behind bars, and now she is helping organizations investigate and respond to their own data breaches. What tips and tools does she recommend?
At a Feb. 4 Senate hearing, a senior executive from Target Corp. endorsed a shift to chip cards, combined with PINs, to enhance security, while a Neiman Marcus executive questioned if that was a prudent move.
A previously reported credit card breach in South Korea is much larger than originally reported. A consumer watchdog now says up to 104 million credit cards were compromised.
Sports equipment company Easton-Bell Sports says malware compromised its vendor servers in December, exposing personal information and credit card data for about 6,000 online customers.
Nearly a week after news broke about the Neiman Marcus data breach, the retailer's CEO today issued her first statement addressing the breach, which compromised customer credit and debit cards.
UK-based insurance firm Staysure has notified more than 93,000 customers that their personal information, including encrypted payment card details, were compromised following a cyber-attack against its systems in October 2013.
Breach detection provider FireEye has acquired incident response and remediation services company Mandiant , forming a formidable company that can provide soup-to-nuts products and services to detect, mitigate and respond to breaches.
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.
On Christmas Eve, Target issued a warning about phishing scams linked to its breach recovery efforts. In response, the retailer says it is launching a dedicated resource page on its website for official communications.
The breach at Target stores that may have affected as many as 40 million credit and debit card account holders is a watershed moment that could greatly raise awareness of cybersecurity risks, says privacy attorney David Navetta.
Receiving a notification letter about a data breach brings home the reality of just how common these incidents are - and how much prevention work, including encryption, still needs to be done.
U.S. Attorney Steve Wiggington says identity theft, especially linked to card skimming, is still the No. 1 fraud threat facing financial services institutions as well as consumers. He stresses information sharing is critical for fighting fraud.
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