New and subtle business models are emerging for cybercriminals, boosting their sales of stolen data and offering new ways to inflict damage on target organisations. Hackers are commercialising stolen data by selling it back to legitimate businesses, one security expert has warned.
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.
Just fewer than half of Americans say that a retailer, bank or credit-card company has told them or a household member that their payment card details were stolen in a data breach, according to the latest Wall Street Journal/NBC News poll.
