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In the immediate aftermath of the Target 2013 breach, Verizon consultants probed its network for weaknesses and came back with results that point to one overriding – lesson: be sure to implement basic security best practices. In a recent KrebsOnSecurity post, Brian Krebs details Verizon’s findings as set down in a Target corporate report.The findings demonstrate [...]

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Cyber Security, Daily News, Fraud & Security, Mastercard settlement, Payments News, target, target breach, target hack, visa settlement -

Target’s recent settlement with Visa to reimburse card issuers up to a reported $67 million for expenses related to the retailer’s 2013 data breach may pave the way for a similar revised settlement with MasterCard. And it could eventually derail banks’ pending lawsuit against retail giant. In May, banks and credit unions rejected MasterCard’s proposed $19 [...]

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