Beware retailers: Hackers are lurking

Beware retailers: Hackers are lurking

More than 1,000 U.S. retailers could be infected with malicious software lurking in their cash register computers, allowing hackers to steal customer financial data, the Homeland Security Department said Friday. The government urged businesses of all sizes to scan their point-of-sale systems for software known as “Backoff,” discovered last October. It previously explained in detail […]

Government may sue to recover losses from kickbacks

Government may sue to recover losses from kickbacks

The government is considering whether to sue banks and other mortgage servicers to recover its losses from alleged insurance kickbacks that may have cost government-controlled mortgage giants Fannie Mae and Freddie Mac hundreds of millions of dollars, according to an internal report. The Federal Housing Finance Agency, which is responsible for guarding Fannie and Freddie’s […]