January 13, 2014
Data Hackers Had Much More Than One Target
Neiman Marcus and Target reportedly weren’t the only retailers to experience devastating data breaches this past holiday season. At least three other smaller retailers experienced similar attacks between November and...
January 13, 2014
Banks, Retailers Debate Data Breach Costs
Data breaches at top U.S. retailers have revived a debate over who is responsible for the financial burden of cyberattacks on sensitive consumer information. The Wall Street Journal reported on...
January 08, 2014
Chase’s Prepaid Exit Affords No Simple Explanation
JPMorgan Chase's recent decision to try to sell off its government and commercial prepaid card business seems a bit surprising. After all, prepaid is among the fast-growing payment segments, so...
January 08, 2014
MasterCard’s Balfany: There’s No Silver Bullet, But Security Tools Do...
It goes without saying that the recent data breaches at some of the major U.S. retailers, including Target and Neiman Marcus, have exposed a harrowing reality in the payments space...
January 05, 2014
The Target Industry Aftershock
“And the wild things roared their terrible roars and gnashed their terrible teeth and rolled their terrible eyes and showed their terrible claws,” ― Maurice Sendak, Where the Wild Things...
December 30, 2013
Looking Ahead At The Close Of 2013
To paraphrase the immortal words of Yogi Berra, predictions are really hard, especially when they’re about the future. That’s why we’ve made it our annual tradition at PYMNTS.com to round...
December 29, 2013
The Target Industry Aftershock
“And the wild things roared their terrible roars and gnashed their terrible teeth and rolled their terrible eyes and showed their terrible claws,” ― Maurice Sendak, Where the Wild Things...
December 20, 2013
Target Breach’s Damage Estimates Rise
In the wake of Target’s announcement that over 40 million customers had their personal financial information compromised, new reports have emerged that suggest the retailer’s problems have only just begun....
December 09, 2013
Meet Cybercrime’s Usual Suspects
By Pete Rizzo (@pete_rizzo_) It’s easy to see why cybercriminals have the upperhand in the war on fraud: In contrast to the siloed world of enterprise businesses, cybercriminals operate...