The data-breach Grinch is stealing Christmas from a big restaurant supplier and Lucky Supermarkets, a major West Coast grocery chain, both of whose payment card acceptance systems were compromised recently by fraudsters using different techniques. The breach at Queens, N.Y.-based Restaurant Depot LLC, which also does business under the …

Everyone knows data breaches are expensive and affect a lot of people, but just how much is startling. In a new analysis, Javelin Strategy & Research estimates credit and debit card issuers spent $252.7 million in 2009 replacing more than 70 million cards compromised by data breaches. Analyst Robert Vamosi …

A growing emphasis by computer hackers on stealing payment card data from hotels and resorts and their increasingly sophisticated malicious software and attack methods are two highlights in a new report from security consulting and technology firm Trustwave Holdings Inc. Trustwave's Global Security Report 2010 summarizes findings from the Chicago-based …

Malicious software has been discovered on some Eastern European ATMs that has dangerous new powers to extract money as well as card data, according to a security executive. Meanwhile, Sony Corp. of America has confirmed that someone illicitly copied more than 5,000 credit card numbers of its customers who visited …

In an unprecedented effort to thwart data breaches, the three leading vendors of payment card terminals on Wednesday put aside their normally fierce rivalries to announce creation of a non-profit industry group to implement common security standards and improve knowledge about security issues. “The self interest aligns with the public …

The recent massive data breaches at RBS WorldPay Inc. and Heartland Payment Systems Inc. ?two merchant acquirers deemed in compliance with the Payment Card Industry data-security standard by qualified assessors?left many in the industry questioning the effectiveness of the PCI standard. But a newly released report from Verizon Business concludes …

Off-price retailer The TJX Cos. Inc. is defending its month-long delay in the disclosure of an intrusion into its network that handles customer payment card data, saying it may have prevented the data breach from becoming worse. TJX discovered the breach in mid-December, but didn't reveal it until Jan. 17. …