What holds the data on your credit or debit card? If you’re a US cardholder, most likely it’s a magnetic strip. But as Target’s massive Black Friday data hack points up, that technology, which is largely obsolete in many parts of the world, is what puts US consumers...
Even if you aren’t a Target shopper, the company’s recent card account hack affects you. As the giant retailer deals with the fallout from a major data breach that stole card data from 40 million accounts in its system, consumer advocates are warning that the Target...
We all know how important it is to keep personal financial information safe from online theft – but can your bank do the same? As financial institutions small and large fall victim to cyberattacks that steal the account information – and money – of thousands of...
The Internet makes financial transactions quick and easy, and for investors it’s practically an indispensable tool. But as we’ve pointed out in previous posts, unwary users can find themselves vulnerable to scammers and hackers who can empty bank accounts, hijack...