retail customers’ data News

Insurance Will Absorb Some Costs in Home Depot’s Giant Privacy Breach

Home Depot Inc. Thursday said some 56 million payment cards were likely compromised in a cyberattack at its stores, suggesting the hacking attack at the home improvement chain was larger than last year’s unprecedented breach at Target Corp. Home Depot, …

Companies Can’t Stop Data Theft at Reasonable Cost: Execs at Davos

Fighting online data fraudsters is almost impossible as their ability to hack into new technology often outpaces companies’ efforts to protect it, senior businessmen and bankers gathering for the World Economic Forum (WEF) said. The mammoth data breach at U.S. …