Several payment system experts testifying at a Senate hearing on Feb. 3 urged the adoption of chip card technology in the wake of breaches at Target Corp. and Neiman Marcus. But representatives of banking and retailing engaged in some finger-pointing.
They're thought-leaders. Movers and shakers. VIPs and MVPs within their industry sectors. And their actions weigh heavily on how information security is practiced, taught and tested. These are 2014's Influencers.
Retail data breaches are growing. ISight Partners' Tiffany Jones, a researcher who helped the Department of Homeland Security prepare its report about malware attacks, offers new insight into the latest cyber-attacks.
While details surrounding a suspected breach at Michaels remain unclear, two U.S. card issuers say they believe the retailer was targeted by point-of-sale malware similar to what compromised Target and Neiman Marcus.
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.
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.