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 […]
Continue reading → [DISPLAY_ACURAX_ICONS]VentureBeat wrote an interesting item pointing out some of the obvious things that Target messed up. Fixing these items won’t stop every attack, but it certainly would slow the attackers down. According to a lawsuit filed in federal court recently Target missed the ball on a few things. Of course, at this point, these are […]
Continue reading → [DISPLAY_ACURAX_ICONS]A Minnesota judge has ruled that Target was negligent in the 2013 hack on their point of sale system according to infosecurity-magazine. Now while this is far from the last word on this issue and it will likely be appealed after the trials, it is important. For a judge to say that Target WAS NEGLIGENT […]
Continue reading → [DISPLAY_ACURAX_ICONS]Too many breaches … too little time 🙂 First a new breach – Bebe Stores (www.Bebe.com) confirmed that they had been breached, but not much else. They said it covered the US, Puerto Rico and the Virgin Islands. They did say that it did not affect their online store (no POS terminal to compromise, I […]
Continue reading → [DISPLAY_ACURAX_ICONS]As the stakes go up, so do the creativity of the legal defenses. According to an article in Bloomberg news, Target says that they have no legal obligation to banks that claim they lost tens of millions of dollars as a result of last year’s breach and they want the judge to dismiss the case. […]
Continue reading → [DISPLAY_ACURAX_ICONS]An article in the Times a week ago says that the Feds and States want banks and brokerage firms to close some gaping holes in their defenses. What is that gaping hole? OUTSIDE VENDORS! Many people are aware that the suspected source of the Target breach was a small HVAC contractor. They didn’t do anything […]
Continue reading → [DISPLAY_ACURAX_ICONS]