Undeterred, two senators will try again to get their colleagues to enact legislation that they contend would better safeguard sensitive information and notify consumers of a data breach when personally identifiable information is exposed.
First Target, then Neiman Marcus; who's next? And while banking institutions await the next attack, how should they respond to customers' anxious questions about this latest round of high-profile retail data breaches?
Target Corp. is providing $5 million to help fund an effort to educate consumers about the risks of cybercrime. Meanwhile, a group of House Democrats had called for a hearing about the retailer's breach, while two senators have demanded details.
UK-based insurance firm Staysure has notified more than 93,000 customers that their personal information, including encrypted payment card details, were compromised following a cyber-attack against its systems in October 2013.
As a result of high-profile breaches, such as the Target incident, security is increasingly a board issue. What are the key topics security leaders should prepare to discuss in 2014? Alan Brill of Kroll offers his forecast.