credit card security News

U.S. Credit Card Firms Slow to Upgrade Security

Visa and MasterCard are using security measures prone to fraud, putting retailers and customers at risk of thieves, The Home Depot Inc. says in a new federal lawsuit. It’s the latest giant retailer to raise the security concerns, with a …

Safety Habits Not Changing Despite Major Retail Data Breaches

American shoppers say they are very concerned about the safety of their personal information following a massive security breach at Target, but many aren’t taking steps to ensure their data is more secure, says a new Associated Press–GfK Poll. The …

Target Data Breach Affected Nearly 70M Customers

Target Corp said a massive payment card data breach that occurred during the first three weeks of the holiday shopping season affected up to 70 million people, far more than previously estimated. Target’s shares were down 1.5 percent at $62.40 …

Weak Credit Card Security Makes U.S. a Prime Target for Hackers

The U.S. is the juiciest target for hackers hunting credit card information. And experts say incidents like the recent data theft at Target’s stores will get worse before they get better. That’s in part because U.S. credit and debit cards …