Two men have been sentenced for defrauding accountholders whose debit cards were compromised in the Michaels point-of-sale breach that hit stores in 20 states. What was their role in an elaborate fraud scheme affecting nearly 100,000 accounts?
Global Payments Inc. says its data breach investigation is complete, and so far the incident has cost the company $84.4 million. What's next for the payments processor as it recovers from this breach?
In the latest update, much was left unsaid about the Global Payments data breach. And if I were a Global customer or card-issuing entity, I'd have some serious follow-up questions.
A small point-of-sale attack in Kentucky points to a larger fraud trend impacting banks and customers. What are "micro attacks," and how can institutions help prevent and detect them?
Global Payments this week plans to provide updates about the systems breach that it discovered in March. Learn about the details, including the potential financial impact, that the processor plans to share.
Aleksandr Suvorov, linked to Heartland Payment Systems hacker Albert Gonzalez, was sentenced for his role in schemes involving Dave & Buster's restaurants and more than 240,000 stolen credit card numbers.
A rap artist has been arrested on charges linked to a POS hack and international carding scheme reported in June that involved thousands of compromised accounts. What role did this California musician play?
In a tribute, we remember Terrell Herzig, information security officer at UAB Health System, an innovator who was passionate about sharing best practices for protecting sensitive information.
A U.S. appeals court reversed a lower court's ruling in the ACH/wire fraud dispute between PATCO Construction Inc. and the former Ocean Bank, now People's United. What is next in this high-profile case?
Learning how alleged fraudsters hacked systems and traded in stolen credit- and debit-card numbers can help organizations take steps to protect their customers' and stakeholders' sensitive information.
The story on how the FBI built its case against Jarand Moen Romtveit in an international carding sting gives IT security practitioners valuable insights on how one individual works in the murky world of hacking.
In what is being called "the largest coordinated international law enforcement action in history directed at carding crimes," 24 suspects have been arrested in a fraud scheme likely involving more than 400,000 accounts.
The FTC claims hackers targeted the Wyndham hotel chain's network and exported debit and credit data to a domain in Russia. What do the breaches mean for card issuers, and what action should they take?
Law enforcement is not revealing details about the POS breach that hit Penn Station, but one investigator says the number of locations affected by the attack will continue to grow.
A New York-based credit union says it inadvertently exposed debit details and some personal information about cardholders after a non-secure file was accidentally made accessible via its website.
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