January 10, 2014
Target: Breach Affected 100 Million+ Consumers

New details about the Target breach last month emerged on Jan. 10 as the company was forced to admit that as many as 110 million consumers may have been impacted...

January 08, 2014
Chase’s Prepaid Exit Affords No Simple Explanation

JPMorgan Chase's recent decision to try to sell off its government and commercial prepaid card business seems a bit surprising. After all, prepaid is among the fast-growing payment segments, so...

January 08, 2014
MasterCard’s Balfany: There’s No Silver Bullet, But Security Tools Do...

It goes without saying that the recent data breaches at some of the major U.S. retailers, including Target and Neiman Marcus, have exposed a harrowing reality in the payments space...

January 05, 2014
The Target Industry Aftershock

“And the wild things roared their terrible roars and gnashed their terrible teeth and rolled their terrible eyes and showed their terrible claws,” ― Maurice Sendak, Where the Wild Things...

January 05, 2014
Target Meets State Prosecutors Amid Lawsuits, Denies PINs Were Comprised

Embattled retailer Target sent its general counsel Timothy Baer to speak with state prosecutors on December 23 to address concerns about the recent data breach that affected more than 40...

January 05, 2014
Does The Target Breach Mean Death Bells For Mag-Stripes?

Target confirmed a massive data breach on Thursday that rocked the payments world at the busiest time of the year in commerce. Initial estimates suggest the breach compromised the names,...

January 05, 2014
Target Black Friday Breach Compromises 40M Cardholders

Target has officially acknowledged reports that 40 million shoppers may have been impacted by a severe data breach that occurred from November 27 to December 15, a December 19 press...

January 05, 2014
Schnucks Supermarket Data Breach Exposes 2.4 Million Cards

Schnucks, a St. Louis-based supermarket chain, has revealed that a data breach has compromised 2.4 million cards, according to Finextra. Seventy-nine of Schnuck’s 100 stores were compromised between December and...

January 05, 2014
Will Biometrics Prevent The Next Target Breach?

A Houston-based startup called Epic One is working to leverage biometric security technology to make the point-of-sale safer for consumers. Forbes reported on January 3 that the company is developing...