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Cyber Security, Daily News, data breach, Fraud & Security, POS Terminals, Risk & Compliance, Target data breach -

The class action against Target brought by several banks over the retailer’s massive data breach in 2013 has been certified by a US judge. District Judge Paul Magnuson said the banks could pursue their claims together over the breach, which compromised at least 40 million credit cards during the holiday season. In a statement, Charles Zimmerman, one of the [...]

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Cyber criminals, Cyber Security, Daily News, data breach, Fraud & Security, Issuing & Acquiring, POS breach, Target data breach -

Target has reached a $67m agreement with Visa over the massive data breach of customers’ payment data during the 2013 holiday shopping season that raised serious questions about the company’s data security systems. The company said the required number of card issuers had entered into the agreements. It declined to say how much the issuers would [...]

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