Data breaches

Ashley Madison, an online extramarital dating service that claims to protect users' privacy and security, has had its customer database compromised.

Treasury Deputy Secretary Sarah Bloom Raskin told a group of bankers that law enforcement and regulators need to declassify more information so banks can protect themselves.

The executive in charge of protecting JPMorgan Chase & Co.'s computer network from hackers has been reassigned, after a year on the job that included controversy over his handling of a massive data breach and the departure of several top security team members.

Heartland Payment Systems has reported it suffered another data breach last month.

A visit to an overnight shipping store in Napa Valley reveals that outdated payment-processing procedures remain de rigueur with some merchants — despite the fraud risk.

MasterCard issuers had to cast at least 90% of their votes in favor of the Target settlement by May 20, and not enough did, the companies said. Banks and credit unions will fight for a better deal.

Banks' technology investments are helpful but fail to ease customer concerns about the security of personal data, hidden fees and other problems, a new survey shows.