City services were stymied on March 22 when a ransomware strain – dubbed SamSam – hit Atlanta’s servers.
Category: Industry Trends
Saks Fifth Avenue suffers breach
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.
Millions of Americans typically use the same credit card, poll suggests
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.
Debit card breaches jump 10 percent in 2017
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.
Nearly 17 million identities stolen in US last year
Approximately 16.7 million Americans were victimized by fraudsters last year, based on newly released figures from Javelin Strategy & Research.
Economy lost billions to cybercrime in 2016, report confirms
Data security breaches in 2016 cost the economy somewhere between $57 billion and $109 billion, according to a new report from the White House.
Oregon tightening noose on cyber crooks
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.
National Retail Federation chimes in on federal breach notification system
Before legislators give a data breach notification system serious consideration, the National Retail Federation is imploring them to leave no stone unturned.
Cyber defenses ineffective for majority of global companies
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.
Cyber incidents reach record highs for businesses in 2017
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.