By pymnts @pymnts - November 10th, 2014
Banks and retailers may be gearing up for a battle royale over whose responsibility it is to foot the bill when cyber-criminals attack.
Industry bodies that represent banks are urging lawmakers to introduce legislation during the new session of Congress next year that would make retailers pay for cleanup costs themselves.
Banks have complained particularly in the string of breaches that have started with Target and most recently ...
CSO | Nov 6, 2014 By Steve Ragan
Home Depot says that in addition to 56 million payment cards, the attackers responsible for the breach on their POS network earlier this year also compromised 53 million email addresses.
Thursday's breach investigation update also said the attackers leveraged a third-party vendor's username and password in order to access the network.
Friday 24 October 2014
The number of reported security incidents rose 48% to 42.8 million for 2014, the equivalent of 117,339 attacks per day, a recent survey shows.
According to the Global State of Information Security Survey 2015, a worldwide report by CIO, CSO, and PwC, the compound annual growth rate of detected security incidents has increased 66% year-over-year since 2009.
By Nicole Perlroth October 10, 2014
Dairy Queen and Kmart join nearly a dozen retailers that have had their in-store payment systems compromised with malware over the last year.
In the latest cyberattack on American retailers and restaurants, both Sears and Dairy Queen said their computer systems were compromised in security intrusions involving customers credit and debit card information.
Kmart, a subsidiary of Sears, said on Thursday that it had been breached and .....
The recent attacks on Home Depot and JPMorgan are only the latest in a long-running series of data hacks. And while the number of records taken from Home Depot is yet to be disclosed, estimates indicate that the breach may be "massive."
Updated September 4, 2014