Security & Fraud

News
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...

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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...

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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...

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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...

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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...

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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...

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Supervalu Breach Triggers Lawsuit
August 21, 2014

In the wake of the payments-related data breach at the Supervalu grocery chain, the company has been hit with a class-action lawsuit, Bank Info Security reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Square’s EMV Strategy
August 21, 2014

Square will not require retailers to buy a new version of its Square Stand point-of-sale hardware for next year’s U.S. transition to supporting EMV “chip and PIN” cards, the company said in a blog post on Wednesday (Aug. 20). Get the Full Story Complete the...

Helping Issuers Manage Consumer Expectations About Data Security
August 20, 2014

“Breaches are pretty much a daily occurrence now,” says Jonathan Hancock, Director of Fraud Management Solutions for TSYS, “and consumers who haven’t been hit personally are numb to the news.” But here’s the great irony: When something does happen, consumers blame the retailer, but expect...