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Report: Fraud attacks spike over past four quarters
Cyber-criminals have been wreaking so much havoc among retailers that there has been a 137% jump in fraud attacks over the past four quarters, an issue affecting $7 out of every $100 of retail sales, according to the latest PYMNTS.com Global Fraud Attack Index. -
Eddie Bauer issues data breach alert
Customer data from payment cards used at Eddie Bauer stores from Jan. 2 to July 17 of this year may have been accessed by malware infecting point of sales systems, the company announced. An investigation by a third-party digital forensics firm engaged by Eddie Bauer found that the breach was part of a concerted hack-attack targeting several restaurants, hotels, and retailers.

