The terms of the Target breach settlement with Visa have reportedly been settled upon. Target will pay Visa card issuers as much as $67 million as a result of costs stemming from the retail giant’s massive data breach that hit at the end of 2013, The Wall Street...
Do you remember what you were thinking about on Dec. 19, 2013? We do. We can be almost sure that at some point on that day you thought something along the lines of “Oh my God, Target got breached? How did that happen?” Because...
Another big MCX merchant could soon embrace Apple Pay. Last week, Target CEO Brian Cornell dropped a big hint that the retailer was open to accepting Apple Pay — indicating that Target would eventually accept the payment option. But first, he wants to see secure chip-and-PIN credit...
The news that Target and MasterCard both failed to reach the required approval thresholds for the $19 million settlement tied to security breaches set off a flurry of press releases from the companies and interested parties last week. As reported by the Credit Union Times...
April 27, 2017
Data breaches are not exactly news — since the Target breach of 2013, they’ve gone from being something that was little considered outside a fairly rarified group of people to something that quickly became top of mind of consumers, merchant and card issuers everywhere. Target closed the calendar year 2013 with the distinction of having […]
June 01, 2015
Another big MCX merchant could soon embrace Apple Pay. Last week, Target CEO Brian Cornell dropped a big hint that the retailer was open to accepting Apple Pay — indicating that Target would eventually accept the payment option. But first, he wants to see secure chip-and-PIN credit cards make their way across the market, according to what […]
May 12, 2015
The massive Target breach that hit the company at the end of 2013 has made its share of headlines. And rightfully so, since 40 million payment cards and personal details for...
April 29, 2015
The major breaches that happened at Target in 2013, or Home Depot in 2014, have spurred a strong alliance between the small banks and credit unions who’ve joined together to...
April 24, 2015
Some of the banks and credit unions whose customers’ MasterCard payment cards were compromised in Target’s huge 2013 data breach are trying to stop a proposed $19 million settlement between...
