Global Payments Inc. says its data breach investigation is complete, and so far the incident has cost the company $84.4 million. What's next for the payments processor as it recovers from this breach?
The FTC claims hackers targeted the Wyndham hotel chain's network and exported debit and credit data to a domain in Russia. What do the breaches mean for card issuers, and what action should they take?
The Global Payments data breach has expanded, and now may include the exposure of personal data linked to merchant applicants. But what does this latest news mean? Industry experts offer insights.
Global Payments Inc., the breached payments processor, now says the scope of its self-discovered data breach may be broader than initially reported and involve personal data collected from merchant customers.
Why are breaches in the payments arena so difficult to trace and investigate? Verizon breach investigator Dave Ostertag offers insights about the forensics complexities of a processor breach.
What's the best strategy for communications after a data breach, like the one suffered by Global Payments Inc.? Bob Carr, CEO of Heartland Payment Systems, discusses what to say in the weeks following a breach.
New alerts from Visa and MasterCard suggest the breach at Global Payments dates to January 2011, an exposure window significantly longer than originally reported. What are the implications for card issuers?
New alerts from Visa and MasterCard suggest that the breach at payments processor Global Payments Inc. dates back to January 2011 - an exposure window significantly longer than what was originally reported.
In this week's breach roundup, read about the latest incidents, including a California home care breach affecting 700,000 and malware that exposed payment card details for customers of an online retailer.
How much card fraud can issuers link to the breach at Global Payments? Some sources suggest as many as 7 million payment cards may have been exposed, but how can they be so sure?
Post-breach, organizations must have a full grasp on what happened - and convey that message consistently. Too often, that's not the case, says attorney Ronald Raether. What steps must organizations take?
New advisories from Visa suggest that payments processor Global Payments Inc. may have been breached in June 2011 - nine months earlier than initially reported.
Payments processor First Data warns about an uptick in trolling - hackers sniffing networks for easy access to merchants' point-of-sale systems. What can banks do to help merchants prevent breaches?
If you handle critical data, you've got to be humble, advises Bob Carr, CEO of breached processor Heartland Payments System. "Anyone that thinks they're not going to be breached is being naïve."
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