In October 2013, KrebsOnSecurity published an exclusive story detailing how a Vietnamese man running an online identity theft service bought personal and financial records on Americans directly from a company owned by Experian, one of the three major U.S. credit bureaus. Today’s story looks deeper at the damage wrought in this colossal misstep by one of the nation’s largest data brokers.
Nationwide beauty products chain Sally Beauty appears to be the latest victim of a breach targeting their payment card systems in stores, according to both sources in the banking industry and new raw data from underground cybercrime shops that traffic in stolen credit and debit cards.
Jam and jelly maker Smucker’s last week shuttered its online store, notifying visitors that the site was being retooled because of a security breach that jeopardized customers’ credit card data. Closer examination of the attack suggests that the company was but one of several dozen firms — including at least one credit card processor — hacked last year by the same criminal gang that infiltrated some of the world’s biggest data brokers.
First American Bank in Illinois is urging residents and tourists alike to avoid paying for cab rides in Chicago with credit or debit cards, warning that an ongoing data breach seems to be connected with card processing systems used by a large number of taxis in the Windy City.
In response to rumors in the financial industry that Sears may be the latest retailer hit by hackers, the company said today it has no indications that it has been breached. Although the Sears investigation is ongoing, experts say there is a good chance the identification of Sears as a victim is a false alarm caused by a common weaknesses in banks’ anti-fraud systems that becomes apparent mainly in the wake of massive breaches like the one at Target late last year.
Last week’s story about steeply falling prices on credit and debit card data stolen from Target mentioned several reasons why many banks may not have already reissued all of their cards impacted by the breach. But it left out one… Read More »
Apple on Friday released a software update to fix a serious security weakness in its iOS mobile operating system that allows attackers to read and modify encrypted communications from iPhones, iPads and other iOS devices. The company says it is working to produce a patch for the same flaw in desktop and laptop computers powered by its OS X operating system.
For the second time this month, Adobe has issued an emergency software update to fix a critical security flaw in its Flash Player software that attackers are already exploiting. Separately, Microsoft released a stopgap fix to address a critical bug in Internet Explorer versions 9 and 10 that is actively being exploited in the wild.
Last year’s breach at Target Corp. flooded underground markets with millions of stolen credit and debit cards. In the days surrounding the breach disclosure, the cards carried unusually high price tags — in large part because few banks had gotten around to canceling any of them yet. Today, two months after the breach, the number of unsold stolen cards that haven’t been cancelled by issuing banks is rapidly shrinking, forcing the miscreants behind this historic heist to unload huge volumes of cards onto underground markets and at cut-rate prices.
Most Internet users are familiar with the concept of updating software that resides on their computers. But this past week has seen alerts about an unusual number of vulnerabilities and attacks against some important and ubiquitous hardware devices, from consumer-grade Internet routers, data storage and home automation products to enterprise-class security solutions.
