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Target and Visa reach data breach settlement

August 18, 2015 - Visa has reportedly reached a settlement of up to $67 million with Target to reimburse member banks for expenses accrued following the massive 2013 data breach at the US retail chain.

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Dramatic increase in current account fraud - Experian

August 18, 2015 - Experian's fraud analysis reveals that there has been a huge surge in large-scale targeted fraud attacks in Q2 2015.

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Tech firm Ubiquiti hit by $46.7m cyber-fraud

August 10, 2015 - American technology firm Ubiquiti Networks has revealed that it fell victim to a social engineering trick that saw crooks make off with $46.7 million.

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JPMorgan Chase to double cybersecurity spending

August 5, 2015 - JPMorgan Chase is to double its cybersecurity budget over the next two years in the wake of a massive security breach last summer which saw the contact information of more than 80 million customers stolen.

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Fed data protection called into question

July 27, 2015 - (Bloomberg) -- The Federal Reserve said it inadvertently released staff projections for interest rates and the economy late last month, renewing doubts about its measures to protect confidential information.

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Hackers threaten to expose users of adultery site Ashley Madison

July 21, 2015 - Hackers have breached the systems of Ashley Madison, a dating website for would-be adulterers, and are threatening to publish the personal information, including credit card transaction details, of millions of users.

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