Home Posts tagged "data breach" (Page 3)
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Target Reports Cost of Data Breach was $162 Million

The late 2013 data breach impacting 70 million Target customers continues to cost the company which in their latest financial statements reported $4 million in related expenses for Q4 2014. The total loss to Target for 2013 and 2014 related to the data breach was $162 million, but would have been even larger if not

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U.S. Proposes National Data Breach Notification and Protection Standards

This week the White House proposed the Personal Data Notification and Protection Act, which seeks to set a national standard for data breach notification requirements replacing the patchwork of separate laws across 47 states. If passed into law, this act would strengthen and more clearly define what is required of organizations that suffer data breaches,

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In 2015 Achieving PCI Compliance Means Meeting the Version 3.0 Standards

The first big change for payments in 2015 took effect on January 1st when the deadline to meet PCI Data Security Standards (DSS) version 3.0 requirements passed. The Fraud Practice provides a quick overview of what has changed and what that means for organizations that must adhere to these standards. The third version of the

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Holiday Shoppers More Likely to Use Cash and Avoid Retailers Who Suffered Breaches

The Target data breach was the story of the 2013 holiday season and several other major retailers have failed to prevent the compromise of their customers’ payment and personally identifiable information since. With this in mind, it should not be too surprising that 45 percent of cardholders responded “definitely not” or “probably not” when asked

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Dairy Queen and at Least 1,000 Other U.S. Businesses Hit by Backoff Malware

According to reports from the U.S. Secret Service and Kaspersky Labs, malware known as Backoff has been used to attack more than 1,000 businesses. This malware targets point-of-sale retail payment systems, intercepting and sending payment information to the fraudsters that employ it. The most recent high profile case of this malware and data compromise targeted

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Heartbleed may have ripple effects on websites and authentication

All organizations need to be thinking about the future of user authentication and the heavy reliance on passwords which may be on the brink of change, and Heartbleed may have been the catalyst. By now we are all familiar with the Heartbleed bug and OpenSSL vulnerability, but the fallout from the breach of information Heartbleed caused is only just beginning. Just about any

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