Joseph Ax reports that the proposed $19 million settlement between MasterCard and Target over the retailer’s 2013 data breach has fallen through because not enough banks accepted the deal. The settlement was contingent on banks that issued at least 90 percent of the MasterCard accounts signing on to the agreement by May 20. Any bank…
Category: Business Sector
Feds and cops outed as hacker dump exposes ties to adult-dating site
And so it begins… RT reports: The men behind the screen names “Eaglesfan_6969” and “Verywilling2011” are looking for sex, and they’re doing it from government-provided email accounts, according to data pilfered from a hacked dating website. A trove of personal information pertaining to paid account holders of AdultFriendFinder, a website that touts itself as letting…
Indiana hacker faces sentencing in $100 million scheme
Kristine Guerra reports on the case of Austin Alcala, a case reported previously on this site: A young man from McCordsville accused in what federal authorities described as an international and multimillion-dollar hacking scheme is facing sentencing after pleading guilty to a conspiracy charge. Austin Alcala, a graduate of Fishers High School, is one of three suspects charged…
PCI council gives up, dumbs down PCI DSS for small business
Darren Pauli reports: The Payment Card Industry Security Standards Council has created a taskforce charged with improving security among small businesses. The prodigious task will be tackled by encouraging small businesses to adopt security best practice and simplified Payment Card Industry Data Security Standards (PCI DSS). Barclaycard payment security manager and taskforce chair Phil Jones…
Server compromised due to social engineering against ISP NFOrce
Seen on Twitter: Server compromised due to social engineering against ISP NFOrce. There will be extended downtime for forensic analysis and reinstall. — BitcoinTalk (@bitcointalk) May 22, 2015 And over on redddit, theymos writes: The forum’s ISP NFOrce managed to get tricked into giving an attacker access to the server. I think that the attacker…
Lauri Love hacking case: NCA returns 25 of 31 seized items, but not encrypted laptop
Wow. Nic Rigby reports: A man accused of hacking US government computers who is battling for the return of property seized by police has been given back 25 of the 31 items. Lauri Love, of Suffolk, is seeking the return of devices seized by UK police. Mr Love, 30, who faces no charges in Britain,…