September 12, 2024
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 …
August 26, 2016
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 …
May 22, 2015
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 …
December 24, 2013
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 …
December 22, 2013
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 …
December 20, 2013
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 …