Wal-Mart and allies in face-off with Apple Pay over mobile payments
October 30th, 2014
Suddenly it’s Apple versus Wal-Mart in the fight for shoppers’ digital wallets. With the development of a new mobile payment system, a group of retailers led by Wal-Mart Stores (WMT.N) is aiming to upend the $4.5 trillion credit card ...
After JPMorgan Cyberattack, fortification of Wall Street Banks is a must
October 22nd, 2014
Federal and state regulators are said to be discussing fortification of a critical area of cybersecurity: outside vendors, including law firms, accounting and marketing firms and even janitorial companies. This summer’s huge cyberattack on JPMorgan Chase and a dozen ...
Obama Had Security Fears on JPMorgan Data Breach
October 9th, 2014
President Obama and his top national security advisers began receiving periodic briefings on the huge cyberattack at JPMorgan Chase and other financial institutions this summer, part of a new effort to keep security officials as updated on major cyberattacks ...
JPMorgan faces cyber attack with more than 76 Million accounts compromised
October 3rd, 2014
The disclosure by the bank dwarfs earlier estimates that hackers had gained access to roughly one million customer accounts. A cyberattack this summer on JPMorgan Chase compromised the accounts of 76 million households and seven million small businesses, a ...
Contributing Authors
October 2nd, 2014
Dr Alan Waring Dr Alan Waring has 35 years’ experience in risk management. His several books include Managing Risk (1998), co-authored with Prof Ian Glendon, Practical Systems Thinking (1996) and Corporate Risk and Governance published in May 2013. He has presented numerous conference and ...
Home Depot reports 56 million card details likely stolen in breach
September 19th, 2014
Home Depot Inc (HD.N) Thursday said some 56 million payment cards were likely compromised in a cyberattack at its stores, suggesting the hacking attack at the home improvement chain was larger than last year’s unprecedented breach at Target Corp ...
NATO Set to Ratify Pledge on Joint Defense in Case of Major Cyberattack
September 1st, 2014
When President Obama meets with other NATO leaders later this week, they are expected to ratify what seems, at first glance, a far-reaching change in the organization’s mission of collective defense: For the first time, a cyberattack on any ...
Is Russia connected to JPMorgan hacking?
August 29th, 2014
Security experts say the sophistication of the attacks suggest they were state sponsored. Federal investigators are trying to determine if state-sponsored Russian hackers were behind the coordinated cyber attacks that looted data from JPMorgan Chase and other banks this ...
JPMorgan and Other U.S. Banks Struck by Cyberattack
August 28th, 2014
JPMorgan Chase and a number of other United States banks, including at least four others, were struck by hackers in a series of coordinated attacks this month, according to four people briefed on a continuing investigation into the crimes. The hackers ...
Albertsons and SuperValu are hacked
August 18th, 2014
The US retail chain Albertsons, which has 1,060 department stores in the United States, and its former owner SuperValu say their computer systems have been raided by hackers seeking credit card data. Both companies acknowledged the intrusion in statements ...
