data breach

Path of least resistance: EMV adoption shifting fraudsters’ focus to ecommerce, data breaches continue

It's a well-understood phenomenon in the payments space:  Fraudsters are opportunists who will adapt their tactics to focus on the most vulnerable parts of the payments ecosystem.  Sort of a criminal version of "whack a mole". According to a report by TransUnion, adoption of EMV at the retail point of sale is causing a steep [...]

By |2016-03-29T19:29:34-05:00March 29th, 2016|authentication, Biometrics, data breach, data security, ecommerce, EMV, Experian, TransUnion|Comments Off on Path of least resistance: EMV adoption shifting fraudsters’ focus to ecommerce, data breaches continue

Ouch! Home Depot’s 2014 data breach price tag: $161 million (so far)

What is it they say about an "ounce of prevention"? Home Depot's recent $19.5 million consumer compensation announcement brings their costs related to the 2014 data breach to $161 million, and that doesn't include costs to upgrade internal systems security and beef up their risk management team.   Even scarier:  Home Depot's lawyers say the settlement [...]

By |2017-11-18T15:32:42-05:00March 9th, 2016|data breach, data security|Comments Off on Ouch! Home Depot’s 2014 data breach price tag: $161 million (so far)
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