The Texas Attorney General is making big headlines and while he is not running for election this year, you can count on him bringing this up next time. Meta has agreed to pay Texas $1.4 billion or about one percent of its annual revenue (plus likely a tax deduction) for using facial recognition on Texas […]
Continue reading → [DISPLAY_ACURAX_ICONS]Evan Schuman wrote an opinion piece in Computerworld yesterday that I found very interesting. Neimans suffered a credit card breach in 2013 that would be considered small by today’s standards. Initially they reported that a million cards were compromised; later that number was reduced to about 375,000. About 9,000 of those cards were used for […]
Continue reading → [DISPLAY_ACURAX_ICONS]The WSJ is reporting that the bankers who were impacted by the Target and Home Depot breaches are fighting back. Usually, Mastercard and Visa negotiate a deal with the retailer who was breached and then dole out the money to the banks. The money seems to go to the big banks with the small banks […]
Continue reading → [DISPLAY_ACURAX_ICONS]UPDATE: KARE11 in Minneapolis is reporting that if you include attorney’s fees and other costs, Target will be on the hook for around $25 million (see article) and that payments could begin as early as April 30th. NPR is reporting that Target has agreed to set up a $10 million fund for victims of last […]
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