Caffeine junkies are up in arms over reports that criminals have been targeting their Starbucks account balances. But the real story is poor password-picking practices by consumers, and Starbucks' lack of multi-factor authentication.
After recently announcing an investigation, Sally Beauty Supply now confirms that it has "sufficient evidence to confirm that an illegal intrusion into our payment system has indeed occurred." The retailer reported a similar breach in March 2014.
Wanted: Hackers for hire. Or in British government parlance: "Committed and responsible individuals who have the potential to carry out computer network operations to keep the U.K. safe." Ready to apply?
The FBI is offering a big-stakes reward for an alleged criminal who ranks at the top of its "cyber most wanted" list. But one cybercrime expert asks: "Would you cross the Russian mafia or some organized crime gang for $3 million?"
The FTC will not call a witness to refute damaging testimony by a former employee of Tiversa, the firm at the center of the FTC's security case against medical testing company LabMD. The case could proceed to closing arguments in the coming weeks.
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.
Legal experts say the majority of class-action lawsuits filed in response to data breaches fail, and that's unlikely to change unless lawmakers or the courts rethink notions of "injury" and "harm" to encompass more than just fraud.
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.
Mumbai-based Meru Cabs, which offers online and mobile-app cab bookings, has been inadvertently exposing customer data to the Internet. How did the exposure occur, and what is Meru doing to address the flaw?