The Latest in IT Security

Posts Tagged ‘payment cards’

Following the recent data breach in which a total of 40 million payment cards have been compromised, US retailer Target is determined to do something about the magnetic stripe payment cards that are so easy to abuse. The company wants to replace them with chip-enabled smartcards, which are much more secure.

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The cybercriminals that stole the details of 40 million payment cards and the contact information of 70 million Target customers are said to have breached the retailers systems after stealing credentials from a vendor. What we have known so far is that the attackers gained access to information on point-of-sale registers by planting a piece […]

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The Neiman Marcus data breach is bad. Not as bad as in the case of Target, where 40 million payment cards have been compromised, but still bad. The company says that cybercriminals obtained information from a total of 1.1 million cards. In a notice posted on its website, the high-end retailer reveals…

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