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 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.
You can be outraged that the NSA collects Internet communications records of U.S. citizens. But don't be surprised, says sociologist William Staples. This is just one example of our "culture of surveillance."
Federal investigators announced five more arrests this week in connection with a $45 million ATM cash-out and prepaid card fraud scheme. Learn why experts expect these types of crimes to become even more common.
Figuring out how Edward Snowden breached NSA computers is sort of like solving a puzzle. Take public information and match it with an understanding of how organizations get hacked, and the pieces seem to fall into place.
Attorneys discuss the significance of the 10-year prison sentence for hacker Jeremy Hammond, who pleaded guilty in connection with a 2011 breach of Stratfor, a global intelligence firm that provides services to the U.S. government.
U.S. Attorney Steve Wiggington says identity theft, especially linked to card skimming, is still the No. 1 fraud threat facing financial services institutions as well as consumers. He stresses information sharing is critical for fighting fraud.
The breach of a card loyalty marketing company has reignited discussions about the roles banking institutions, regulators and others play when it comes to mitigating third-party risks. Where should the buck stop?