Undeterred, two senators will try again to get their colleagues to enact legislation that they contend would better safeguard sensitive information and notify consumers of a data breach when personally identifiable information is exposed.
First Target, then Neiman Marcus; who's next? And while banking institutions await the next attack, how should they respond to customers' anxious questions about this latest round of high-profile retail data breaches?
Target Corp. is providing $5 million to help fund an effort to educate consumers about the risks of cybercrime. Meanwhile, a group of House Democrats had called for a hearing about the retailer's breach, while two senators have demanded details.
The breach at Target stores that may have affected as many as 40 million credit and debit card account holders is a watershed moment that could greatly raise awareness of cybersecurity risks, says privacy attorney David Navetta.
Organizations must guard against making three common mistakes when conducting an investigation of a data breach or fraud incident, says attorney Kim Peretti, a former Department of Justice cybercrime prosecutor.
Security teams struggling to detect signs of threats hidden in mountains of data are attracted to big data analytics. But experts advise security professionals to take an incremental approach, starting out with smaller projects.
Faced with the growing threat of breaches, cyber-attacks and fraud, more organizations are building robust incident response strategies that identify how an investigation would proceed. Experts offer insights on effective investigation management.