Luxury brand Saks Fifth Avenue is the latest to fall victim to a data breach, the hacker exposing sensitive data conducted via credit card processing.
An estimated 49 million Americans tend to go with the same credit card when paying for goods or services by credit, based on a new poll.
Recognizing the frequency with which card processors are used, fraudsters targeted debit cards in 2017, resulting in a sharp increase in reported breaches, according to newly released statistics.
Approximately 16.7 million Americans were victimized by fraudsters last year, based on newly released figures from Javelin Strategy & Research.
Data security breaches in 2016 cost the economy somewhere between $57 billion and $109 billion, according to a new report from the White House.
On March 1, the Oregon House of Representatives overwhelmingly passed a bill that would require merchants to inform customers of a successful cybersecurity attack within 45 days of its detection.
There were approximately 1,579 data breaches in the U.S. during the 2017 calendar year, according to recently released figures computed by the Identity Theft Resource Center.
Before legislators give a data breach notification system serious consideration, the National Retail Federation is imploring them to leave no stone unturned.
Almost 75 percent of businesses in five countries have insufficient cybersecurity protections in place, according to a recent report from Hiscox, a specialty insurance firm.
Nearly 85 percent of business owners were impacted by some variety of cyberwarfare last year, according to newly released statistics from risk solutions firm Kroll.