As U.S. banks and retailers are barreling toward a 2015 deadline to replace magnetic-stripe credit and debit cards with more secure cards that come embedded with a microchip, researchers have announced a critical flaw in the card system.
Responding to the rising number of data breaches at US retailers, President Obama on Friday signed an executive order that will implement enhanced payment security measures throughout the federal government.
Employees with an axe to grind are increasingly sticking it to their current or former employers using e-tools such as cloud storage sites or remote access to a company’s computer network, the US Federal Bureau of Investigation and Homeland Security Department said on Tuesday.
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