Leveraging Knowledge to Manage Your Data Risks
We reported last week that Oracle’s MICROS point-of-sale devices had been compromised. On the heels of the compromise, Visa sent out a security alert last Friday to merchants warning companies that use Oracle’s MICROS point-of-sale devices to check the machines for malicious software or unusual activity, and to change passwords on the devices.
The Visa…
According to Noodles & Company (“Noodles”), it received information from Visa that Visa cards used by customers at its fast-food chains since January have “possibly” been compromised. It is presently investigating unusual activity reported by Visa, are working with law enforcement, and has brought in a forensic firm to assist with the analysis.
This may…
We previously reported that Target Corp.’s (Target) settlement with MasterCard was rejected, but now, Target agreed to pay $39 million to settle the class action filed against it on behalf of the financial institutions affected by Target’s 2013 data breach. Target will pay $20.5 million directly to class members, consisting of all U.S. financial institutions…
Visa, Inc. announced on August 18th that it has reached a settlement with Target for $67 million to reimburse Visa for costs associated with the Target data breach in late 2013, including issuing millions of new cards to affected consumers.
Target was unable to reach a similar proposed settlement with MasterCard (view related posts Proposed…
