Cybersecurity

Acquiring
Trends Of The Week
August 30, 2014

Over the past week, PYMNTS.com’s brief’s coverage in this newsletter has spanned a broad variety of issues. In this column, we take a look at five common elements that link many of those stories, in essence making them the “trends of the week.” Get the...

Cybersecurity
eBay Cyber Attack Investigated By State AGs
August 29, 2014

At least 10 states, led by Connecticut, Illinois and Florida, are investigating a large-scale data breach at eBay that was revealed in May, according to according to EcommerceBytes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cybersecurity
Another Breach. This Time It’s Dairy Queen
August 28, 2014

Dairy Queen’s 4,500 franchised stores appear to be the source of the latest payment-card breach, according to Krebs on Security. The Minneapolis-based fast-food chain said it hasn’t heard any breach reports — but it also doesn’t ask franchisees to report breaches to headquarters. Get the...

Cybersecurity
Huge Cyberattack Hits JPMorgan
August 28, 2014

The attack, which stole copies of gigabytes of banking and checking account details, hit JPMorgan Chase & Co. “and at least one other bank,” Bloomberg reported Wednesday (July 27). Bloomberg and other news services said that investigators are exploring whether the attack came from Russian...

Cybersecurity
Breach Victims Amp Up Target Lawsuit
August 28, 2014

The massive payment-card breach at Target in December triggered nearly 60 class-action lawsuits, which have now been combined into a single amended complaint that was filed on Monday (Aug. 25), Law360 reported. Get the Full Story Complete the form to unlock this article and enjoy...

Cybersecurity
Hospital Breach Reveals Bank Nightmare
August 25, 2014

The theft of 4.5 million patient records from a Tennessee hospital chain should have banks worried about both fraud from identity theft and the security of their own networks, according to American Banker. Get the Full Story Complete the form to unlock this article and...

Cybersecurity
More Than 1,000 Merchants Hit With POS Malware, Says U.S. Secret Service
August 25, 2014

More than 1,000 merchants have been hit by the Backoff malware, given that it was “detected in October 2013 and was not recognized by antivirus software until August 2014,” according to a joint statement issued Friday (Aug. 22) by the U.S. Department of Homeland Security...

Cybersecurity
MasterCard, Visa Split Out From Target Databreach Lawsuit
August 22, 2014

Visa and MasterCard will face class-action lawsuits over the questionable security of their payment cards in the wake of the massive 2013 Target payment-card breach, according to Law360. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
UPS Latest Payments Data Breach Victim
August 21, 2014

United Parcel Service said that 51 of its franchised UPS Stores suffered a payments-related data breach affecting about 105,000 payment transactions between January and August, according to the Wall Street Journal on Wednesday (Aug. 20). Get the Full Story Complete the form to unlock this...