Breach at Pearson VUE Affects Cisco and Microsoft Certification Holders

On November 21, Pearson VUE announced that its Credential Manager System was breached and unauthorized users may have accessed customers' names, mailing addresses, email addresses and phone numbers. At this time, the company does not believe that social security numbers or full … Continue reading

Starwood Hotels Victim of Payment System Data Breach

Just days after Marriott Hotels announced its acquisition of Starwood Hotels, Starwood has reported a potential credit card breach at some of its North American locations. The dates for the breach vary by location, but they range from November 2014 … Continue reading Weekly Credit Card Update–November 13, 2015

Apple's Tim Cook Says Cash Will be Dead for the Next Generation of Kids Apple CEO Tim Cook is making another bold prediction about money. Back in January, he forecasted that 2015 would be the year of Apple Pay (a … Continue reading

Despite Insurance, Companies Still at Risk for Financial Consequences of a Data Breach

A recent study shows that even though many companies have purchased insurance to protect themselves from the financial consequences of a data breach, gaps remain that must be closed. The study, commissioned by Wells Fargo Insurance's Technology, Privacy and Network … Continue reading

Four Men Indicted for Massive, Multi-Million Dollar Hack

Four men have been indicted on charges that they hacked into financial institutions across the globe and used stolen information to manipulate stocks, commit credit card fraud and operate illegal online casinos. The hackers and their conspirators generated over $100 million … Continue reading

79% of Small Business Owners Unprepared for Cyber Attack

Nearly eight in ten (79%) small business owners do not have a cyber attack plan, even though 63% have already been the victims of at least one attack, according to a Nationwide study released today. Respondents were asked why they had … Continue reading

Arrests Made in TalkTalk Breach; Vodafone Admits to Similar Hack

On Sunday, a third person was arrested in connection to the recent TalkTalk hack in the United Kingdom. The unnamed 20-year-old was arrested in his home in Staffordshire. The other two teenagers were arrested earlier--one in London and one in … Continue reading

13 Million Passwords Taken in Web Host Data Breach

The usernames, email addresses and passwords of 13.5 million accounts were stolen from 000webhost, a Lithuanian-based web hosting company. The company admitted to the breach on its Facebook page. In the statement, the company said, "We have witnessed a database … Continue reading

Class Action Lawsuit Filed in Response to Experian Breach

On Monday, Keller Rohrback L.L.P. filed a class action lawsuit against Experian. The suit alleges that the credit reporting agency did not do enough to prevent, detect, end or limit the scope of a data breach that was reported this September that … Continue reading

More U.S. Companies Victims of State-Sponsored Cyberattacks

A disturbing report released today shows that 35% of U.S. organizations have been the victim of nation-state cyberattacks. The survey by CounterTack|MCSI, a data endpoint detection and response company, is the security industry's first in-depth examination of state-sponsored attacks against corporations … Continue reading

MasterCard Launches Safety Net Program for Cybersecurity

To help protect banks and payment processors against cyber hacking, MasterCard has developed a special program called Safety Net that identifies potential threats before they turn into full-blown attacks. The program is designed to screen billions of transactions a day … Continue reading

Possible Breach at EA Games; Company Denies Hack

CSO, a security-focused website, announced on Thursday that there may have been a breach at EA Games, the video game manufacturer. CSO stated the breach included EA usernames, passwords, emails and lists of the user's games. The website learned of … Continue reading Weekly Credit Card Update–October 16, 2015

Target Converts to Credit Cards with PINs, Not Just Signatures, for Security Reasons Two years after its catastrophic data breach, Target has become the first major credit card issuer to convert to cards that contain a PIN. The department store--which … Continue reading

An “Average” Cyber Crime Costs a U.S. Company $15.4 Million

The cost of cyber crime is skyrocketing. A new study shows a cyber crime incident in the United States costs a company an average of $15.4 million, an increase of 19%. Cyber crimes in the United States are much costlier … Continue reading Weekly Credit Card Update–October 9, 2015

Expect More Online Fraud as New Credit Cards Arrive The new chip credit cards that shoppers are getting in their mailboxes may prevent criminals from stealing from stores, but many thieves are expected to move their operations online. Small businesses … Continue reading

Companies Not Doing Enough to Protect Consumer Information

Companies are not adequately protecting consumer information, according to a recent survey of privacy and risk professionals. Conducted by ISACA, a global nonprofit information systems organization, the survey found that half of the 546 respondents said consumers should not feel confident … Continue reading

American Bankers Association Reveals Data Breach

The American Bankers Association recently disclosed details about a data breach that compromised roughly 6,400 usernames and passwords on the association's website. The group confirmed the computer systems were compromised last Thursday, but they do not believe that any financial … Continue reading

Websites of Most Presidential Candidates Fail Privacy Test

Secure websites are critical for any company or organization, but apparently not to the Presidential candidates. A recent study completed by the Online Trust Alliance, a non-profit organization that promotes online security, privacy and identity protection, analyzed the website safety of … Continue reading

Experian Data Breach Puts 15 Million T-Mobile Customers At Risk

On October 1, Experian, one of the country's leading credit rating bureaus, announced one of their servers had been breached. This server held the personal data of consumers who had applied for T-Mobile postpaid services between September 1, 2013 and September … Continue reading

Data Breach at Scottrade Affects up to 4.6 Million Customers

Scottrade, an online discount brokerage firm, confirmed it was the victim of a data breach that took place during late 2013 and early 2014. The breached database contained customer Social Security numbers, email address and other sensitive information, but the … Continue reading Weekly Credit Card Update–October 2, 2015

Ready or Not, it's Credit Card Chip and Dip Time Thursday marks a milestone in the effort to shift the U.S. to the use of microchip-embedded credit cards, a more secure alternative to traditional cards that require the swipe of … Continue reading

Exposure of 1.5 Million Medical Records Blamed on Human Error

On August 30, Chris Vickery, a technology enthusiast, uncovered a weakness on a publicly available Amazon Web Service subdomain. After downloading random data from the site, Vickery realized it was the confidential financial and medical records of at least 1.5 … Continue reading

Lawsuit Against Target Gains Class Action Status

Yesterday, U.S. District Court Judge Paul A. Magnuson ruled against Target’s claim that the lawsuit against them should not gain class action status. Financial institutions filed the suit due to a December 2013 security breach, when hackers gained access to … Continue reading

Data Breach at Affects 93,000 Customers company that provides website and Facebook design, marketing, e-commerce, Web hosting and domain registration for small businesses--discovered a data breach on Thursday, August 13. They believe the attack had actually occurred five days earlier. The data of 93,000 of … Continue reading

Ashley Madison: Everything to Know about the Security Leaks

In July, a group calling themselves the Impact Team hacked into Ashley Madison, a dating website that encourages married couples to have affairs. The website is owned by Avid Life Media, which has been in business since 2001. Apparently, the … Continue reading

Full Credit Card Details Not Released of Ashley Madison Customers

Last week, the information taken in the widespread Ashley Madison hack was finally released on the Internet. The hackers posted the data on a hidden area of the Internet known as the "dark web," revealing personal details for 32 million … Continue reading

Target Reaches Settlement with Visa on Massive Data Breach

Nearly two years after the Target data breach that affected 40 million credit and debit card accounts in America, the retailer has finally reached a settlement with Visa for "up to $67 million." The two companies did not release the … Continue reading

Carphone Warehouse Data Breach Affects 2.4 Million British Customers

British cellphone retailer Carphone Warehouse recently suffered a data breach that could impact up to 2.4 million customers in the United Kingdom. Of those 2.4 million, as many as 90,000 people may have had their encrypted credit card information stolen in … Continue reading

Government Debates Protections for Data Breach Victims

After two data breaches that affected more than 22 million federal employees of the Office of Personnel Management, government officials are fighting to get prolonged credit monitoring for current and retired workers. Representative Steny Hoyer, a Democrat from Maryland and … Continue reading

Data Breach at Online Cheating Site Ashley Madison

This is not your ordinary credit card data breach. Ashley Madison, a website that promotes adultery by connecting married people looking to cheat on their spouses, was hacked by cyber criminals who are threatening to release information on the company's … Continue reading Weekly Credit Card Update–July 17, 2015

Credit Cards are the Preferred Payment Method It's all in the cards--the days of cash and carry are long gone. When consumers pay for purchases today, whether in person or online, the overwhelming majority prefer to use a debit or … Continue reading

Walmart Canada Investigates Potential Online Data Breach

Walmart Canada is currently investigating a potential credit card data breach for an online photo center operated by a third party. The company announced the investigation on Monday and proceeded to close down the website yesterday. "We were recently informed … Continue reading

CFPB Proposes a Faster Payments System in America

The Consumer Financial Protection Bureau is proposing a new set of guidelines for faster payment systems in the United States. While financial institutions and payment processors work to reduce "pocket-to-pocket" payment times, the CFPB wants to ensure that the upgraded … Continue reading

Hershey Park Confirms Dates of Credit Card Data Breach

Less than two weeks after Hershey Park announced a possible data breach, the company has confirmed the official dates of the breach. Magnetic strip data from credit cards and debit cards used at Hershey Park were copied between February 14 … Continue reading

Americans Would Rather Have Nude Photos Stolen Than Financial Data

According to a new survey from MasterCard, 77% of Americans worry about the security of their personal information. 62% worry about their emails getting hacked, and 46% worry about being pickpocketed. But what is more surprising is the value that … Continue reading

Data Breach at FireKeepers Casino; 85,000 Cards at Risk

After two months of investigation, FireKeepers Casino and Hotel in Michigan has confirmed a data breach on their computer systems and payment card processors. The company began its investigation in May, and has now verified that a breach did occur … Continue reading Weekly Credit Card Update–July 10, 2015

Meet AmEx's PayPal Competitor, Express Checkout As the war to own the digital wallet continues, American Express is joining the battle with Express Checkout, a new way to pay using your AmEx card online. AmEx Express Checkout is similar to … Continue reading

A New Way to Protect Against Identity Theft

Another day and another data breach. Actually, two of them. Trump Hotel Properties and Harvard University both announced recently they had possible breaches of their databases, exposing customers and students to identity theft. Significant data breaches are happening almost every … Continue reading

Hershey Park Investigates Possible Data Breach

Hershey Park may have become the latest target of a data breach on debit and credit cards used at the resort and theme park. The case is currently under investigation as Hershey Park works with law enforcement to track down the … Continue reading

Senator Proposes Early Warning Alerts to Curtail Identity Theft

Senator Charles Schumer has proposed an idea that would help identity theft victims, and possibly limit the damage caused by these breaches. Schumer, a Democrat from New York, wants the three largest credit reporting firms--Equifax, TransUnion and Experian--to immediately send … Continue reading Weekly Credit Card Update–June 12, 2015

Hackers Go After Little Fish, Too, While Trawling for Credit Cards Hackers are going local in their efforts to steal credit card information from United States customers, hitting small businesses with as much frequency as retail giants. Take Eataly, the … Continue reading Weekly Credit Card Update–May 22, 2015

Debit Card Data Thefts at All Kinds of ATMs Soar Criminals are stealing card data from U.S. automated teller machines at the highest rate in two decades, preying on ATMs while merchants crack down on fraud at the checkout counter. … Continue reading

Sally Beauty Suffers Second Data Breach

For the second time in just over a year, Sally Beauty Holdings Inc. has been hit with a data breach The company confirmed today in a statement that there was an "illegal intrusion" into its payment card systems. In March of … Continue reading

Data Breaches Will Cost Over $2 Trillion by 2019

A new report predicts that data breaches will cost the global economy $2.1 trillion by 2019, almost four times more than this year. The research from market analytics firm Juniper Research indicates that sophisticated hacking tools will play a major … Continue reading

Harbortouch POS Systems Incur Possible Data Breach

Harbortouch, a manufacturer of point-of-sale terminals, may be the latest company to suffer a data breach. KrebsOnSecurity reported that malware had been used to target Harbortouch POS systems, affecting approximately 4,200 of their customers which are mostly bars and restaurants. … Continue reading Weekly Credit Card Update–May 8, 2015

Does Credit Card Debt Lead to Depression? Credit cards can carry more than high interest rates--they actually might increase your chances of depression. It's common sense that high levels of debt can stress you out. Now researchers have found a … Continue reading Weekly Credit Card Update–April 17, 2015

Discover Rolls Out Freeze Feature on Credit Cards Discover credit card customers who can't quite put their finger on their plastic now may use a new "Freeze It" feature that acts like an on-off switch to stop new purchases and … Continue reading