The Consumer Bankers Association doesn't have an official stance on lawsuits that have been filed by banks against breached retailers, but the association's David Pommerehn says the CBA does support banks' rights to recover losses.
With the news that several large technology companies are going to assist in funding critical open source projects such as OpenSSL following the Heartbleed exploit, security experts weigh in on the move.
The Target breach. Account takeover. Mobile banking. Big data analytics. If these terms mean anything to you, then stop right now and give some thought to attending our Fraud Summit in San Francisco on April 29.
Following a data breach, sensitive information, including credit card data, is often sold through the underground economy. Security experts discuss why it's so difficult to shut down online criminal forums.
The Massachusetts attorney general has launched an investigation into a data breach involving a subsidiary of Experian. Earlier, attorneys general in Illinois and Connecticut announced similar investigations.
Industry analysts are debating why it took retailer Michaels nearly three months to confirm a breach of its point-of-sale network, and they're asking if the breach is linked to others, including those at Target and Neiman Marcus.
Verizon's latest annual breach report shows that Web application attacks increased more than malware-fueled point-of-sale intrusions in 2013, says analyst Dave Ostertag, who provides an overview of the report's findings.
Two weeks after the launch of Heartbleed.com, traffic to the site remains strong and tweets still flow at a brisk pace. Site creator Codenomicon is helping IT practitioners to mitigate the OpenSSL flaw - and attracting customers, too.
Within one day of the disclosure of the flaw known as Heartbleed, an attacker posing as an authorized user broke into a corporate computer system, exploiting the vulnerability in the OpenSSL protocol, the breach detection firm Mandiant says.
The Royal Canadian Mounted Police have arrested and charged a 19-year-old London, Ontario, man for his alleged role in exploiting the Heartbleed vulnerability to steal data from the Canada Revenue Agency website.
Three years ago, trust on the Internet - or the lack thereof - focused, in part, on the faceless hacking groups such as Anonymous and LulzSec. Today, we have a face for this lack of trust, and it looks a lot like Uncle Sam and a Chinese Red Army cybersoldier.
Computer hardware retailer LaCie is notifying customers about a breach involving payment card data that went on for almost a year. A forensics investigation of the incident, which involved malware, is continuing.