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...
A cyberthief attack has hit the Supervalu grocery chain’s card-processing network, impacting potentially 1,000 stores and stealing card numbers, expiration dates and other data . “The intrusion was identified by our internal team, it was quickly contained, and we have had no evidence of any...
A Tennessee bank is being sued by a corporate customer following a $327,000 cyberheist involving the company’s payroll. The twist is that the bank is accused of bypassing its own security procedure—involving a recorded phonecall from the bank to the customer confirming large transfers—a move...
A Russian national has been indicted for a series of cyber attacks against financial institutions (including Chase Bank, Capital One, Citibank and the Boeing Employees’ Credit Union) and retail POS in the U.S., as well as for running various carding forums that resold payment card...
Another week, another discovered security flaw. This week’s flaw, dubbed “Covert Redirect,” allows cyber-attackers to disguise themselves as log-in popups based on an affected site’s domain. Social media sites are among those affected, leaving potentially millions of users at risk of having personal information stolen.
Target announced its selection of MasterCard to support the roll-out of chip-based REDcards as the retailer looks to bolster the security of its portfolio. But this week we also learned that the impact of the retailer’s breach is affecting the earnings of one of the...
Though the Target and Neiman Marcus breaches late last year have received significant attention, a new report out by Verizon suggests the security emphasis should be on smaller entities that are most vulnerable. And most of the recent attacks appear to be coming from Eastern...
The Heartbleed bug remains the biggest story in online security this week as countless organizations nationwide tested to see if they were vulnerable or if they had been victimized. It also came out that Heartbleed not only compromises software but also effects networking hardware. In...
It’s one thing to note that a merchant’s payment-data system has been breached, but the reality of what that means really hits home when consumers start saying they’ve been affected. And new Pew Research Center survey data show a significant rise in the percentage of...
