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.
The takedown of a counterfeit payment card website was enabled by collaboration between the FBI and the United States Postal Inspection Service. Learn why experts say more of this kind of dual-agency work is needed.
After payment card breaches at Target and Neiman Marcus, security experts ask why mandates for compliance with the Payment Card Industry Data Security Standard have failed to protect cardholder data.
Luxury retailer Neiman Marcus acknowledges a breach of its payments system dating back to July 2013 may have exposed more than 1 million credit and debit cards.
When did the Neiman Marcus data breach occur? The retailer says it may have begun last July, but banking and fraud experts point to evidence that suggests the breach actually may have occurred a year ago.
Evidence is mounting that the breaches reported by Target and Neiman Marcus are part of a wider assault against U.S. retailers. Meanwhile, payment card-issuing institutions say they're taking proactive steps to keep fraud at bay.
Investigations and lawsuits are piling up for breached retailers Target Corp. and Neiman Marcus. Meanwhile, card-issuing banks say fraud patterns may reveal additional breaches at other well-known brands.
In the wake of the Target and Neiman Marcus data breaches, Steve Kenneally of the American Bankers Association calls for greater security and accountability throughout the U.S. payments system.
First Target, then Neiman Marcus; who's next? And while banking institutions await the next attack, how should they respond to customers' anxious questions about this latest round of high-profile retail data breaches?
For the second time in a month, a major U.S. retail chain acknowledges being the victim of an external data breach. Other retailers also may have been struck by attackers, one expert says.
Target Corp.'s revelation that personal information about up to 70 million customers was breached in a recent malware attack raises new questions about Target's security practices and risks to consumers.
Target now says personally identifiable information for up to 70 million of its customers was likely exposed in the December breach that also compromised some 40 million U.S. debit and credit cards.
Many business leaders lack a clear understanding of the value of identity and access management. CISO Christopher Paidhrin offers a scenario for how to make the case for an IAM investment.
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.
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.
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