Fraudsters have been hacking into and draining Starbucks accounts, customers report. Security experts say attackers appear to be guessing weak account passwords, then using funds to fill up gift cards destined for the black market.
Much of today's crime is "cyber-enabled," warns cybercrime expert Raj Samani, and successfully blocking such attacks increasingly demands not just better technology and public-private collaboration, but also an understanding of psychology.
A judge's decision to allow MasterCard's settlement with Target to stand isn't likely to be appealed and could discourage banking institutions, some experts say, from continuing to pursue a breach-related class-action lawsuit they filed against the retailer.
It's unlikely that the same hackers that hit Sally Beauty in 2014 struck the company a second time this year, several threat intelligence experts say. Find out the latest theories about what may have led to the apparent second breach of the retailer.
Partners HealthCare System is the latest healthcare organizations to suffer a data breach following a phishing attack. But why did Partners wait five months to issue a breach notification, when HIPAA requires notifications within 60 days?
Security firms report a sharp rise in the quantity of attacks that use macro code - designed to automate tasks - to trigger malware downloads, often for the purpose of stealing people's online banking credentials.
Partners HealthCare System announced that it is the latest healthcare organization hit by a data breach attributed to a phishing attack. The records of an estimated 3,300 individuals may have been compromised in the incident.
The latest victim of malware attacks against point-of-sale system vendor NEXTEP is foodservice management company Compass Group, which says payment card data for up to 70,000 users of self-service kiosks was exposed.
Laws rarely, if ever, keep up with technology, but even if they could, the consequences could prove more harmful than the benefits. That was evident at a House hearing that addressed default encryption of mobile devices.
As the U.S. completes its payments migration to the EMV chip, merchants and card issuers should be bracing for an uptick in card-not-present fraud, says Carol Alexander, head of payment security at software provider CA Technologies.
A class-action suit filed by U.S. banks and credit unions that's pending against Target could prove fruitful for the banks and credit unions, says attorney Chris Pierson, chief security officer at invoicing and payments provider Viewpost.