As the financial system’s life blood has become digital, it has become more vulnerable to hackers. The latest example is an alleged five year operation run by five Russians and a Ukrainian, who stole (and later sold) 160 million credit and debit card account numbers. The U.S. Attorney’s Office for New Jersey claims that the … Continued
Data breaches throughout the U.S., both small and large, are undoubtedly on the rise. With the recent occurrence of the second largest data breach in U.S. history, in which the personal data of Target customers who utilized credit and debit cards, between November 27, 2013 and December 15, 2013, was stolen, many consumers are left … Continued
Last month, a retailer confirmed a massive credit card records breach that can expose consumers to credit card frauds. It is only one of many data breaches that occurred in 2013. Numerous class actions involving data theft and security breach have been filed in the last several years. Many of the claimants faced early-stage dismissal … Continued
