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Target hackers used POS malware to steal card details

January 14, 2014 - Target has confirmed that crooks managed to steal the card details of tens of millions of customers by infecting its point-of-sale terminals with malware.

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Bank apps riddled with security holes - researchers

January 13, 2014 - Many of the world's biggest banks have serious security flaws in their mobile apps which could leave customers - and the banks themselves - vulnerable to attackers, research from IOActive suggests.

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UK banks a "long way" from improving antiquated IT systems - PRA director

January 9, 2014 - The UK banking sector is a "long way away" from addressing deficiencies in "antiquated" IT systems, a senior Bank of England official has told a parliamentary inquiry.

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Target payment data theft highlights poor US security measures

December 23, 2013 - The recent theft of payment data from customers of US retailer Target has highlighted the importance of security in this area once again and raised fears that the US is behind other nations of the world in its data protection and security countermeasures, particularly in regard to its slow adoption of Chip and PIN security technology.

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Credit Union lobby urges Congress to act on retailer data security failings

December 20, 2013 - In the wake of the massive data card breach at Target retail stores in the US, the National Association of Federal Credit Unions (Nafcu) has urged Congress to crack down on data security weaknesses in the merchant industry.

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Target says 40 million cards may have been compromised in data breach

December 19, 2013 - The US Secret Service is investigating a massive data card breach at Target retail stores across the United States.

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