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Target Sues Insurer Over 2013 Data Breach Costs

Data Breach Today

Lawsuit Claims Insurer Owes Retailer for Coverage of Card Replacement Costs Target has filed a lawsuit against its long-time insurer, ACE American Insurance Co., in an attempt to recoup money it spent to replace payment cards as part of settlements over the retailer's massive 2013 data breach.

Insurance 341
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FBI Raids Chinese Point-of-Sale Giant PAX Technology

Krebs on Security

federal investigators today raided the Florida offices of PAX Technology , a Chinese provider of point-of-sale devices used by millions of businesses and retailers globally. The investigation into PAX Technology comes at a dicey time for retailers, many of whom are gearing up for the busy holiday shopping season. organizations.

Sales 72
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State attorneys general announced a $1.5 million settlement with Neiman Marcus

Security Affairs

million settlement with The Neiman Marcus Group over a 2013 data breach. million settlement with The Neiman Marcus Group LLC over a data breach suffered by the company in 2013 and disclosed earlier 2014. billion in the Q4 2013. Tens of state attorneys general announced a $1.5 Tens of attorneys general announced this week a $1.5

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Neiman Marcus Settles Lawsuit Over Payment Card Breach

Data Breach Today

Agreement With 43 States Requires Retailer to Use Encryption, Tokenization Forty-three states have reached a settlement with Neiman Marcus over its 2013 data breach, one of several breaches from that period blamed on in-memory malware. The retailer will pay $1.5

Retail 190
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Prominent Carding Marketplace UniCC announced it’s shutting down

Security Affairs

The site was launched in 2013 and according to the Elliptic Threat Intel about $358 million (across Bitcoin, Litecoin, Ether and Dash) in purchases were made through the platform. UniCC, one of the biggest underground carding marketplaces announced it is shutting down. ” reads the analysis published by Elliptic Threat Intel.

Marketing 289
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Revolutionizing budgeting and planning processes for a retail giant

IBM Big Data Hub

Landmark Retail is one of the largest omnichannel retailers across the Middle East and Northern Africa (MENA), India and Southeast Asia (SEA). It is a division of Landmark Group, a well-known multinational retail and hospitality conglomerate headquartered in Dubai.

Retail 91
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Wawa card breach: 30 million card records for sale in the dark web

Security Affairs

Wawa operates more than 860 convenience retail stores, this breach is potentially one of the biggest card incidents in 2019. The experts believe that the incident is comparable to major card data breaches Home Depot (2014 – 56 million customers’ data) or Target (2013 – 40 million card data). ” concludes Gemini.

Sales 328