Compliance

The data breach affecting 216 of Jimmy John's restaurant locations had, at its source, an increasingly common exploit: remote-access passwords.

WM Morrison Supermarkets Plc is leading a group of U.K. retailers seeking to add as much as 1 billion pounds ($1.6 billion) to the amount it's seeking from MasterCard Inc. in an antitrust suit over payment fees.

Even though the U.S. has suffered a flood of retail data breaches, the payments industry has to take a global view of any security measures it adopts.

The payments industry has turned its attention inward, focusing on securing its own technology from fraudsters without driving off their customers.

Ripple Labs Inc., a venture capital-backed challenger to Western Union and Bitcoin, is for the first time gaining access to the U.S. banking system, and security hawks are raising eyebrows.

Apple, Samsung, PayPal, Square, Google Wallet among others along with countless financial institutions and retailers are fiercely marketing their applications to enable mobile payments.

Jimmy John's, a sandwich-shop chain based in Champaign, Illinois, said a hacker infiltrated payment systems at about 216 of its locations and stole credit- and debit-card information.

Fifty-two percent of millennial respondents in a Zogby Analytics survey sponsored by Mitek Systems, a mobile imaging tech provider, perceive native apps as a safer solution than mobile websites for purchasing and banking.

WASHINGTON — The Consumer Financial Protection Bureau has agreed to ramp up its security policies on data collection in response to a recent Government Accountability Office report that raised nearly a dozen recommendations on the topic.

News of a data breach at Home Depot stores throughout the U.S. and Canada is compounding fears on the part of card holders that “big box” and other retailers can do little to protect them from credit and debit card fraud.