Federal authorities have charged a Dutch hacker for the role he played in an elaborate scheme that targeted POS systems and networks to steal credit card details that were later sold on websites for fraudulent purposes.
Global Payments Inc., the breached payments processor, now says the scope of its self-discovered data breach may be broader than initially reported and involve personal data collected from merchant customers.
Israel is being blamed - or, perhaps, taking credit - for the creation of Flame, the sophisticated cyberspyware that has targeted organizations in the Middle East, especially its mortal enemy, the government of Iran.
New alerts from Visa and MasterCard suggest the breach at Global Payments dates to January 2011, an exposure window significantly longer than originally reported. What are the implications for card issuers?
International law enforcement agencies last week touted the takedown of 36 websites that were used to sell stolen debit and credit data for more than 2.5 million accounts. But how much of an impact will the takedown ultimately have on card fraud?