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A suspected data breach of point-of-sale systems at Hilton Hotels properties and franchised locations is being investigated. The Trump Hotel Collection also confirmed that IT security has been compromised at seven of its properties.
Hackers are increasingly attacking third party partners, like point-of-sale (POS) resellers, to break into retailers' systems through weak remote access controls—in fact, this, along with weak passwords, contributed to 94 percent of POS breaches investigated by Trustwave in 2014.
Target has reached an agreement with Visa that will reimburse card issuers up to $67 million for costs incurred by the retailer's data breach during the 2013 holiday season. The deal covers credit cards and debit cards issued by financial institutions under the Visa brand. It took months of negotiations, and the specific dollar amount of the deal has not yet been disclosed, The Wall Street Journal reported.
Many retailers are going to miss the EMV fraud liability shift deadline in October. While this is not the end of the world, retailers need to continue to work at transitioning to EMV while making sure other security bases are covered.