Links in “Cybersecurity/Data Breaches”
- Executive Order Pushes Adoption of EMV Chip-and-PIN Systems
President Obama signed an executive order launching BuySecure, an initiative to improve payment security by encouraging the adoption of EMV chip-and-PIN systems. [10/20/14]
- Identity Theft: The Number One Complaint
For over a decade consumers have been wary of identity theft and with all the technology at our fingertips today, this concern is bigger than ever. The FTC has released resources in order to combat this growing concern. [10/20/14]
- Awkward Moment of the Year for Some Unlucky Waiter
Speaking at the CFPB on chip-and-PIN technology, President Obama told attendees that he recently had trouble with his personal credit card while dining out last month in New York. Use of the card after a long period of inactivity had flagged it for possible fraud. Fortunately, the president's wife had her card on hand, saving what had to be an awkward moment for their server. [10/20/14]
- Dairy Queen Admits Data Breach
Dairy Queen is the latest retailer to admit that it has been the subject of a data breach due to the Backoff malware. While the breach that occurred between August and October of this year appears to have affected 396 stores, the CEO reports that to date they have no evidence that any customer information has been compromised. [10/13/14]
- How a Russian Group Hacked 800,000 Bank Accounts
A look at how a Russian-speaking group managed to get the credentials for 800,000 online banking accounts. [10/13/14]
- What Banks Can Learn from Retail’s Advanced Persistent Attacks
Here's the anatomy of an advanced persistent attack, in which hackers break into a network, plant malware, and keep a low-profile until they are able to swipe the targeted data. [10/13/14]
- 84% of Credit Unions Affected by Local Data Breaches
According to a recent NAFCU survey, 84.4% of the respondents stated that they had been impacted by a local data breach in the past two years. The majority responded that they have voluntarily implemented NCUAâs best practices on IT security. [10/10/14]
- JPM Hackers’ List of Known Targets Now at 14
Hackers who breached JPMorgan are now linked to 13 other breach attempts, sending a shudder through Wall Street. [10/10/14]
- JPM’s Cyber Attackers: If at First You Don’t Succeed…
JPMorgan wasn't the only target of the group that breached its cyber defenses. Citigroup and Region were also targeted by what appears to be the same group, but those efforts failed. But hackers are a resilient lot, so they just kept moving on until they found somewhere they could get in. [10/9/14]
- JPM: Consumer Confidence in Online Banking Takes Another Hit
When the country's biggest bank can get hacked, will consumers start feeling like it is time to put their money under a mattress? [10/8/14]
