In a preliminary step toward enactment of a new EU data protection law, the European Parliament on March 12 approved a draft proposal for a comprehensive overhaul of the EU's 1995 data protection directive.
Attackers likely purchased malware in underground "cybercrime-as-a-service" markets to use in recent credit card breaches, including the Target Corp. attack, a new report from McAfee Labs asserts. Adam Wosotowsky explains the report's findings.
Recent data breaches, such as the ones suffered by Target Corp. and Neiman Marcus, may have been detected sooner if retailers had been sharing transactional pattern and behavioral information about their customers, says Mike Braatz of ACI Worldwide.
A retailer should help pay for card re-issuance and other expenses after a breach if the merchant is shown to have had inadequate security in place, says Viveca Ware of the Independent Community Bankers of America.
Congress heard testimony from cybersecurity experts this week about the steps that should be taken to minimize the risk of breaches of the payments system. Learn what Troy Leach of the PCI Council and others had to say.
In the wake of its data breach last year, Target Corp. is overhauling its information security and compliance practices, launching a search for a new CIO and creating the position of chief information security officer.
Las Vegas Sands Corp. is investigating a breach that exposed information, including Social Security numbers and payments information, for patrons and employees at its hotel and casino in Bethlehem, Pa.