The Hill – Sally Beauty is investigating a possible data breach after a wave of “unusual” payment activity at some of its U.S. stores, the company said Monday. The probe comes one year after Sally Beauty confirmed it experienced a data breach that experts later said impacted nearly all of the company’s 2,600-plus U.S. locations. The first breach was confirmed after … Read More
Data security continues to be a struggle for major retailers. Surprisingly, there are still few federal regulations for them to follow if they’re hacked. Without such rules, damage will most likely increase from high-profile breaches such as those that hit Target and Home Depot in the past year or so. This isn’t to say that the government isn’t trying to … Read More
Data breaches increased 49% with almost 1 billion data records compromised in 1,500 attacks in 2014 – a 78% increase in the number of data records either lost or stolen in 2013, a new report by digital security firm Gemalto. The Netherlands-based firm said about 575 million records were compromised in 2013. Identity theft was by far the largest type … Read More
ABC News – Following recent high-profile hack attacks on U.S. companies, President Obama wants new protections for American consumers. On a visit to the Federal Trade Commission, Obama unveiled several pieces of proposed legislation he said will boost cyber-security, improve consumer privacy and prevent identity theft. The measures are expected to be included in his State of the Union address … Read More
American Banker — A new push by President Obama to tighten cybersecurity at banks and other businesses could help light a fire under some firms that have historically been slower to react in the wake of a data breach and help financial institutions dealing with a tangle of confusing state laws. The president teed up several new initiatives on Monday, … Read More
PHOENIX BUSINESS JOURNAL – Data breaches at retailers such as Target (NYSE: TGT), Home Depot (NYSE: HD), Staples (Nasdaq: SPLS) and others have a chilling effect on credit unions member services, said Credit Union National Association President and CEO Jim Nussle.
BUSINESS INSIDER — The Atlanta-based fast-food chain Chick-Fil-A is working with IT security companies after a possible data breach may have leaked the credit-card details of 9,000 customers.
WALL STREET JOURNAL — Target Corp. said Friday that personal information, including names, mailing addresses, and phone numbers, of some additional 70 million customers were stolen during a data breach at the retailer over the holidays.
REUTERS/HUFFINGTON POST — Office equipment supplier Staples Inc said the investigation of a data security breach showed that malware may have affected about 1.16 million payment cards. The breach at 115 of the company’s 1,400 stores was announced in October. Staples said it has since eradicated the malware.
KREBS ON SECURITY — Sources at several U.S. financial institutions say they have traced a pattern of credit card fraud back to accounts that all were used at different Chick-fil-A fast food restaurants around the country. Chick-fil-A told KrebsOnSecurity that it has received similar reports and is working with IT security firms and law enforcement in an ongoing investigation.