Associated Press reports: Banks and big retailers are locked in a debate over the breach of consumer data that gripped Target Corp. during the holiday season. At issue: Which industry bears more responsibility for protecting consumers’ personal information? The retailers’ argument: Banks must upgrade the security technology for the credit and debit cards they issue….
Category: Business Sector
Target security breach lasted longer than previously thought
David Rothberg reports: A Target Corp. official told a Senate committee that a massive security breach affecting up to 110 million holiday shoppers lasted three days longer than previously thought. Chief Financial Officer John Mulligan disclosed the latest information in written testimony at a hearing Tuesday before the Senate Judiciary Committee, which is considering ways to protect consumers’…
Target Accelerates Implementation of Chip-Enabled Smart Card Technology to Protect Consumers from Fraud
In conjunction with their CFO’s testimony to the Senate Judiciary Committee this morning, Target has issued this press release: Target Chief Financial Officer John Mulligan, in testimony before the Senate Committee on the Judiciary in Washington, D.C., announced today that the company will be accelerating its implementation of smart card technology designed to dramatically reduce…
RedHack hacks TTNET, Turkey’s largest ISP
Today well known hacker collective RedHack has announced a breach of data on Turkey’s biggest ISP. The attack is on TTNET (http://www.ttnet.com.tr) which is Turkey’s biggest internet service and other telecom services provider. RedHack has announced from the @Redhack_en twitter account that they are starting to dump the data of clients who are not ordinary…
Target faces second credit union class action lawsuit
David Morrison reports: A second credit union has filed a legal complaint against Target over losses it said it sustained as a result of the firm’s card data breach late last year. The $38 million First Choice Federal Credit Union, headquartered in New Castle, Pa., filed its complaint in the U.S. District Court for the Western District…
Turkish ISP TTNet and other carriers hacked by RedHack – claim
The Turkish hacktivist collective RedHack claims to have hacked Turkish ISP TTNET as well as mobile operator Vodafone and Turkcell. They announced the hack this afternoon: Customer data of ISP TTNET, mobile operator Vodafone and Turkcell infiltrated and vast amount of data collected from the systems. + — RedHack_EN (@RedHack_EN) February 3, 2014 They also claim…