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Neiman Marcus says 1.1 million cards compromised in data breach

January 27, 2014 - Luxury retailer Neiman Marcus says that up to 1.1 million customer payment cards were compromised in the recent data breach that hit its instore POS terminals over a four-month period from July to October 2013.

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A Comprehensive Data Strategy is Crucial in the Age Of Data-Driven Banking - New Research from GreySpark

January 22, 2014 - A new piece of research from GreySpark Partners, a capital markets consultancy, examines the strategic principles of data management that are necessary for investment banks to stay competitive as increasing volumes of data are created by trading activities and client interactions.

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Union First Market Bankshares to re-issue cards affected by retailer breaches

January 21, 2014 - Union First Market Bankshares Corporation ("Union") today announced that it will reissue credit and debit cards impacted by the data breaches at Target and Neiman Marcus.

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Russian teen accused of writing Target malware

January 20, 2014 - The Target data breach which has left tens of millions of payment cards compromised was carried out using off-the-shelf malware authored by a 17 year old Russian, according to security firm IntelCrawler.

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WEF calls for improved cyber security

January 20, 2014 - Failing to improve cyber security could cost the world economy and lead to more frequent cyberattacks, according to a new report released today by the World Economic Forum in collaboration with McKinsey & Company.

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BAE Systems Awarded Prime Position on U.S. Department of Homeland Security IT Services Contract Vehicle

January 16, 2014 - The U.S. Department of Homeland Security (DHS) has awarded BAE Systems a prime position on the Enterprise Acquisition Gateway for Leading Edge Solutions II (EAGLE II) contract. BAE Systems is one of fifteen primes awarded under the unrestricted track of Functional Category 1 and may compete to provide systems, software, and other IT services and support.

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