Data Security

There's a lot more going on with the Global Payments breach than the payment industry and law enforcement have nailed down and are prepared to talk about.

An accused member of the hacktivist group LulzSec pleaded guilty Thursday in federal court in Los Angeles to charges of hacking into the systems of Sony Pictures Entertainment, according to reports.

Hackers, believed to be operating out of Eastern Europe, breached a server at the Utah Department of Health (UDOH) to access thousands of Medicaid records.

Boardrooms are finally buzzing with serious discussion around cyber security as countless high-profile breaches have produced massive loss.

Global Payments, a major credit card processor based in Atlanta, is off Visa's approved list after it confirmed it was breached of some 1.5 million card numbers. The incident, however, is still shrouded in some mystery.

With data proliferating at astonishing rates, organizations are tearing into it, hoping to derive new business value, which, according to Zions CSO Preston Wood, includes better security decision making.

Imagine a mobile device falling into the wrong hands - resulting in the draining of bank accounts co-opting of identities.