International Cyber Crime Takedown Said to Be Largest of Its Kind

A two-year undercover operation today netted two dozen arrests in eight countries in what federal authorities say is the largest coordinated international takedown in history directed at those who traffic stolen financial data through online forums. The investigation uncovered 411,000 compromised...

Visa, MasterCard Warn Of Breach At Card Processor

UPDATE–MasterCard and Visa have confirmed that they are investigating a potentially huge data breach at one of the companies’ payment processors, which the Wall Street Journal has identified as Global Payments Inc. The credit card giants are alerting banks about a breach at a U.S. based card...