Target Corp. confirms that the December breach that affected 40 million credit and debit cards, along with personal information on up to 70 million customers, had a major impact on the company's earnings in the fourth quarter of 2013.
In light of the critical shortage of information security professionals, organizations must strive to become a "center for security excellence" to successfully recruit the specialists they need, says analyst John Oltsik of Enterprise Strategy Group.
Bitcoin-trading website Mt.Gox was taken offline abruptly as of late Monday, Feb. 24. The news raises concerns about the viability of the online virtual currency as well as security issues associated with Bitcoin.
Dan Clements of IntelCrawler, the research firm that claims it traced malware apparently used in the Target breach and other retailer attacks, outlines steps merchants, banks and others should take to secure their networks.
In this week's breach roundup, read about the latest incidents, including a credit card breach affecting customers of a Canadian online health and beauty products store and a breach at a British grocery store chain's website.
Leading this week's industry news roundup, IBM introduces forensics software designed to retrace actions of cybercriminals. Also, ThreatMetrix announces frictionless context-based authentication, and more.