Chase Bank's decision to limit daily ATM cash withdrawals on debit cards linked to the Target breach has raised questions among other issuers about whether PINs were, in fact, compromised. Is Chase just being cautious?
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.
Whether reports that the National Security Agency entered into a secret contract with security provider RSA are true or not - and RSA says they're not - the reputations of all American security vendors have been tarnished.
Was it a point-of-sale attack? A network breach? Or was it an inside job? Fraud experts disagree over the cause of the Target data breach, but they are united in how banking institutions should respond.
A breach that apparently began on Black Friday may have exposed millions of credit and debit cards used to conduct transactions at Target retail stores, two major U.S. card issuers tell Information Security Media Group.
A combination of technical and managerial problems set the stage for hackers to breach a Department of Energy database last summer, a new report shows. The incident cost the department millions of dollars.
The NIST cybersecurity framework will help U.S. banking institutions assess their security strategies, but some institutions fear the framework could trigger unnecessary regulations, says Bill Stewart of Booz Allen Hamilton.
The theft of 2 million credentials reminds security professionals that their organizations are at risk because many employees use the same passwords and devices for personal and business purposes, data security lawyer Ronald Raether says.