July 30th, 2007
By Evan Schuman
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For those who still argue that TJX is being bloodied by their data breach problems, here’s the latest tidbit, with a major financial firm increasining its stock price target for TJX, “encouraged by the discount retailer’s strong business trends and defensive business model.”
The Credit Suisse boost came when analyst Paul Lejuez raised his price target […]
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July 19th, 2007
By Martin Hack
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If you are like me and have several different mail accounts you have probably noticed an increase in new unfiltered spam massages in your inbox. The latest scam in spam technology is called pdf-spam. It’s the next generation of pump and dump schemes where spammers inject the content of a typical image-spam message into […]
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July 6th, 2007
By Evan Schuman
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Fidelity National suffered the ultimate insider theft when an IT staffer sold about 2.3 million customer records to a marketing firm. But it’s the low-tech way this techie did it that makes it interesting.
When Fidelity National Information Services this week announced that about 2.3 million customer records had been illegally sold to a group of […]
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July 5th, 2007
By Evan Schuman
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Often transmitting unencrypted confidential customer data over weakly-protected connections, retailers risk privacy and create backdoors for cyber thieves. And yet, no one’s giving the merchants much of a choice.
When retailers make changes to any system that might impact credit-card processing—be it point-of-sale upgrades, OS patches, database changes, connection improvements, etc.—it needs to be tested.
For the […]
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July 2nd, 2007
By Evan Schuman
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Making it unanimous thus far, two federal judges have denied key motions in the lawsuits against retailers accused of violating federal law by printing prohibited information on credit card receipts. This is on top of a third federal judge making a similar ruling earlier this month.
Unless the U.S, Court of Appeals for the Ninth Circuit […]
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April 12th, 2007
By Martin Hack
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Over the last couple of days there have been rumors whether the massive breach at TJX might have been an “inside-job”. This is probably fueled by the fact that the attacker apparently had access to the crypto keys within TJX’s data center. Whether it was an inside-job or not, doesn’t really matter at this point.
Protegrity […]
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