After last year’s massive security breaches at Target Corp. and Neiman Marcus Group LLC, data- security professionals urged U.S. retailers to upgrade their credit and debit card technology to reduce fraud.
Security experts are urging consumers to change their Web passwords after the recent disclosure of a vulnerability touching wide swaths of the Internet, even as Google Inc., Facebook Inc. and large banks said they weren’t affected.
Researchers have pushed out a fix for a security flaw that affects as many as two-thirds of all Internet servers and could let hackers intercept encrypted traffic including e-mail messages, banking information, usernames and passwords.
Hackers who raided the credit-card payment system of Neiman Marcus Group Ltd. belong to a sophisticated Russian syndicate that has stolen more than 160 million credit-card numbers from retailers over seven years, according to people with knowledge of the matter.
Ares Management LLC is preparing to sell stock in the biggest initial offering of an alternative- asset manager since Carlyle Group LP went public in 2012, according to two people with knowledge of the matter.
Hackers from the U.S., Russia and Ukraine hawk computer exploits for as much as $300,000 on an underground market fueled by digital currencies like Bitcoin, a report by RAND Corp. and Juniper Networks Inc. shows.
Target Corp., testifying before Congress about a data breach that affected millions of customers, told lawmakers it had clues about the attack weeks before responding and is exploring why it took so long to react.