Investigations and lawsuits are piling up for breached retailers Target Corp. and Neiman Marcus. Meanwhile, card-issuing banks say fraud patterns may reveal additional breaches at other well-known brands.
First Target, then Neiman Marcus; who's next? And while banking institutions await the next attack, how should they respond to customers' anxious questions about this latest round of high-profile retail data breaches?
Target Corp. is providing $5 million to help fund an effort to educate consumers about the risks of cybercrime. Meanwhile, a group of House Democrats had called for a hearing about the retailer's breach, while two senators have demanded details.
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.
As a result of high-profile breaches, such as the Target incident, security is increasingly a board issue. What are the key topics security leaders should prepare to discuss in 2014? Alan Brill of Kroll offers his forecast.
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.