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.
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.
Well-organized cybercriminals operate in powerful networks that allow them to attack thousands of online businesses using an efficient and scalable model. Hackers steal millions of credit cards and identity data to be sold to fraud rings. Using proxies and VPN, the fraud rings launch global fraud attacks from anywhere...
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.
Germany's Federal Office for Information Security is encouraging Internet users to utilize an online tool to verify whether they were among the 16 million individuals whose personal information has been compromised for purposes of identity theft.
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.
Technology is the biggest challenge to ethics and compliance in organizations today, says Deloitte's Keith Darcy. "We have the capacity to do things before we ever consider the ethical consequences ..."
Dan Clements of IntelCrawler, the research firm that claims it traced malware apparently used in the Target breach and other retailer attacks to a 17-year-old hacker in Russia, offers an exclusive, in-depth explanation of his company's findings.
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.
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