Several payment system experts testifying at a Senate hearing on Feb. 3 urged the adoption of chip card technology in the wake of breaches at Target Corp. and Neiman Marcus. But representatives of banking and retailing engaged in some finger-pointing.
The PCI Security Standards Council has no plans to modify its standards for payment card data security in response to high-profile payment card breaches at Target and Neiman Marcus, says Bob Russo, the council's general manager.
They're thought-leaders. Movers and shakers. VIPs and MVPs within their industry sectors. And their actions weigh heavily on how information security is practiced, taught and tested. These are 2014's Influencers.
Hospitality company White Lodging is looking into a possible data breach that may have impacted thousands of credit and debit cards used at a number of its hotels across the U.S. in 2013.
Anecdotal evidence usually supports the data the Labor Department culls on IT security employment. Usually isn't always, and the 2013 stats reported by the Bureau of Labor Statistics are at odds with what is likely true.
Security vendor RSA has uncovered a point-of-sale malware operation in the Ukraine that has stolen payment card and personal data from 45 small and midsize retailers.
The breach at Target Corp. that compromised as many as 40 million payment card accounts, along with the personal information of about 70 million customers, was the result of hackers stealing electronic credentials from a vendor, the retailer reports.
In one of the first public statements by a major payment card company in the wake of the Target and Neiman Marcus breaches, a MasterCard executive says it is now time for the U.S. to migrate to EMV.
The Justice Department is investigating the massive breach at Target Corp. that affected tens of millions of customers, U.S. Attorney General Eric Holder confirms.
Retail data breaches are growing. ISight Partners' Tiffany Jones, a researcher who helped the Department of Homeland Security prepare its report about malware attacks, offers new insight into the latest cyber-attacks.
While details surrounding a suspected breach at Michaels remain unclear, two U.S. card issuers say they believe the retailer was targeted by point-of-sale malware similar to what compromised Target and Neiman Marcus.
Representatives of the American Bankers Association, the National Retail Federation and the PCI Security Standards Council are among those slated to testify at a Feb. 3 Senate hearing on safeguarding consumers' financial data.
Arts and crafts retailer Michaels is looking into a possible data breach that may have led to fraudulent activity on U.S. payment cards. But experts disagree about whether there's a connection to the Target and Neiman Marcus attacks.
In light of recent high-profile retail breaches, The Financial Services Roundtable is asking Congress to pass a national data breach notification law and expand oversight of the retail and telecommunications sectors.
U.S. and international law enforcement agents have arrested several individuals for their alleged roles in operating websites that sold customers the compromised passwords to e-mail accounts.
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