Data from five million credit and debit cards was put up for sale on the dark web last March 28. Security researchers investigating the sale traced the data back to Saks Faith Avenue and other stores under the Hudson's Bay company.
Data Breach: A data breach is an incident where information, typically data that is sensitive, proprietary or confidential in nature, is stolen or taken from a system without the knowledge or authorization of the system’s owner. Read more
As environments become progressively interconnected, threats become increasingly complicated. The top security events of the past year make this apparent — and their repercussions make the implementation of smart protections all the more important.
Nigel Houlden of the U.K. Information Commissioner's Office advised that enterprises that fail to properly assess the risks of the vulnerabilities and patch them can face hefty fines as stipulated in EU General Data Protection Regulation (GDPR).
This is the season when cybercriminals take advantage of eager holiday shoppers across the globe. Travelers and online shoppers are targets this year, and the rise in social media scams is also a cause for concern.
Bill-payment processor company TIO Networks, recently acquired by PayPal, suffered a data breach incident early this month. Social security numbers, names and addresses were included in the data compromised.