Mastercard Inc. agreed to buy cyber-defense firm Recorded Future for $2.65 billion to boost its ability to protect the card company’s massive global-payments system. The purchase from private equity firm Insight Partners will expand Mastercard’s ability to use artificial intelligence …
IronPro, the financial and professional lines unit of Ironshore Inc., has introduced a compromised plastic card re-issuance expense coverage enhancement to its Enterprise PrivaProtector as a financial services sector product. According to the American Bankers Association, small community banks, defined …
Officials with Florida’s Department of Agriculture say 103 skimmer devices that are used for identity theft have been discovered at more than 7,500 gas stations it inspected. The agency announced its findings this week. The report comes after three months …
JPMorgan Chase & Co. mailed incorrect replacements for payment cards to about 4,000 people for the state of Connecticut after personal data stored at the bank was accessed in a cyber attack this summer. The bank made the mistake as …
U.S. retail giant Target Corp. is busy dealing with the aftermath of the massive data breach that exposed account details of some 40 million credit and debit cards. Already, at least two lawsuits seeking class-action status have been filed against …
The security breach of credit and debit card data at Target Corp. is evidence of the increasing threats retailers face and a reminder that the U.S. lags behind much of the world in securing personal financial information. Target, the second-largest …
