The consolidated class-action lawsuit filed by banking institutions against Home Depot is more evidence of how issuers are no longer relying solely on card brands to be compensated for breach losses and expenses.
The Senate has moved closer to approving the USA Freedom Act, with a vote expected in the coming days on the House-passed legislation to provide for surveillance of Americans' phone records with approval of a court order.
A new breach reported by Heartland Payment Systems won't get much attention. But this incident could be more damaging to the undisclosed number of consumers affected than was Heartland's 2008 payment card breach.
Prosecutors love to tell judges that sentences for hackers and cybercriminals must be strong enough to deter future such crimes. But as the case of Silk Road mastermind Ross Ulbricht shows, they've failed to make the case for deterrence.
Sally Beauty Supply says that a four-week investigation shows that the retailer suffered a six-week point-of-sale malware attack at U.S. stores, compromising card data for an unknown number of customers.
Breached dating website FriendFinder allegedly missed email warnings from security researchers that its site had been breached and customers' data was being sold on a "darknet" site. What can other businesses learn from that apparent mistake?
Wire fraud perpetrated via business email compromises has quickly become a top concern for banking institutions. Now one bank fraud executive predicts this type of fraud could exceed $1 billion this year.
Another large hacker attack has been revealed in the healthcare sector. But unlike three recent big cyber-attacks, which targeted health insurers, this latest breach hit a healthcare provider organization. Experts weigh in on mitigation steps.
The method the Internal Revenue Service used to authenticate users, which failed to keep sophisticated hackers from breaching a taxpayer-facing system, has been widely criticized by cybersecurity experts.
Five best practices noted in version 3.0 of the PCI Data Security Standard will become requirements after June 30, with remote access and third-party risks the key focus - particularly for smaller merchants.
Vendors' and software makers' over-reliance on security messages and warnings has left users habituated to them, thus rendering such alerts less effective or even worthless, warns cybersecurity expert Alan Woodward.
A game-changing impact of the Edward Snowden leaks about previously secret National Security Agency surveillance activities is the increased use of encryption, such as to protect email, says Peter Swire, a former White House chief privacy counsel.
Using personal information gained from third-party sources to circumvent authentication protections, hackers breached 100,000 accounts of taxpayers who had used the IRS's "Get Transcript" application, which has been temporarily shuttered.