Neiman Marcus says 1.1 million cards compromised in data breach
January 27, 2014 - Luxury retailer Neiman Marcus says that up to 1.1 million customer payment cards were compromised in the recent data breach that hit its instore POS terminals over a four-month period from July to October 2013.
A Comprehensive Data Strategy is Crucial in the Age Of Data-Driven Banking - New Research from GreySpark
January 22, 2014 - A new piece of research from GreySpark Partners, a capital markets consultancy, examines the strategic principles of data management that are necessary for investment banks to stay competitive as increasing volumes of data are created by trading activities and client interactions.
Union First Market Bankshares to re-issue cards affected by retailer breaches
January 21, 2014 - Union First Market Bankshares Corporation ("Union") today announced that it will reissue credit and debit cards impacted by the data breaches at Target and Neiman Marcus.
Russian teen accused of writing Target malware
January 20, 2014 - The Target data breach which has left tens of millions of payment cards compromised was carried out using off-the-shelf malware authored by a 17 year old Russian, according to security firm IntelCrawler.
WEF calls for improved cyber security
January 20, 2014 - Failing to improve cyber security could cost the world economy and lead to more frequent cyberattacks, according to a new report released today by the World Economic Forum in collaboration with McKinsey & Company.
BAE Systems Awarded Prime Position on U.S. Department of Homeland Security IT Services Contract Vehicle
January 16, 2014 - The U.S. Department of Homeland Security (DHS) has awarded BAE Systems a prime position on the Enterprise Acquisition Gateway for Leading Edge Solutions II (EAGLE II) contract. BAE Systems is one of fifteen primes awarded under the unrestricted track of Functional Category 1 and may compete to provide systems, software, and other IT services and support.
Finance firms to increase tech spending in 2014
January 14, 2014 - The next 12 months will see financial firms increase their investment in technology to drive business growth and manage the market challenges that 2014 will throw at them.
Target hackers used POS malware to steal card details
January 14, 2014 - Target has confirmed that crooks managed to steal the card details of tens of millions of customers by infecting its point-of-sale terminals with malware.
