So how fast does stolen data travel? This is not the set-up for a poorly conceived joke – instead it is the subject of a new experiment created by tech security firm Bitglass. Get the Full Story Complete the form to unlock this article and enjoy...
The controversial data breach notification legislation made its way past the committee level yesterday (April 15) when the House Energy and Commerce Committee approved the measure 29-20. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The CFPB has taken the next steps toward enhancing the credit card agreement submission process in terms of how companies submit with the bureau, the organization announced yesterday (April 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
After what was reportedly months of negotiations, it seems Target and MasterCard are narrowing down on a settlement that will see financial institutions reimbursed to the tune of around $20 million. The settlement is intended to reimburse FIs for the costs incurred as a result...
While on a visit to China yesterday (April 14), U.S. Secretary of Commerce Penny Pritzker said cybersecurity measures must be addressed outside of trade regulation agreements, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Did it seem like 2014 saw an unprecedented surge in cyberattacks and breaches, with a whole array of new attacks? That simply isn’t the case, according to the 2015 Verizon Data Breach Investigations Report, which Verizon Enterprise released on Tuesday (April 14). Get the Full...
Roughly 80 percent of online crime in the U.K. goes unreported, and only about 4 percent gets an adequate police response –in part because banks would rather close their eyes to the problem, City of London Police Commissioner Adrian Leppard has confirmed. Get the Full...
Russian police have arrested five alleged members of a cybercrime gang responsible for Android malware that both stole payment card data and locked up smartphones, demanding a ransom, Forbes reported on Monday (April 13). Get the Full Story Complete the form to unlock this article...
A New Jersey man has been sentenced to more than 12 years in prison and a $50 million fine for his part in a global payment-card fraud ring based in Russia, the U.S. Justice Department said last week. Get the Full Story Complete the form...
