Organizations that have experienced a breach report that three lessons they learned were to limit the amount of personal information collected, limit sharing data with third parties and limit the amount of data stored, a new survey shows.
The University of Hawaii has agreed to settle a class action lawsuit involving data breaches affecting about 96,000. It agreed to provide those affected two years of free credit monitoring and credit restoration services.
Security and privacy officers for global organizations can expect increased work in protecting customer data if a proposed regulation introduced before the European Commission becomes law, cyber and privacy lawyer Francoise Gilbert says.
The hacker group Anonymous claims it's responsible for denial of service attacks on U.S. Justice Department websites after federal authorities shut down file-sharing websites, including Megaupload.com, and arrested some of its leaders.
The Europay, MasterCard, Visa standard, commonly used in most global markets, is coming to the U.S. The sooner issuers, acquirers and merchants initiate migrations, the better, says Stephanie Ericksen, head of authentication product integration at Visa.
Recently discovered viruses, consisting of Trojans and other malware, at City College of San Francisco have stolen personal banking information and other data from perhaps tens of thousands of students, faculty and administrators, says John Rizzo, president of the board of trustees.
A legal dispute between a small merchant in Utah and its former payments processor has fueled a debate over contracts between merchants and acquirers. If successful, this case could spur contractual shifts that change the way card brands view liability after card breaches.