​We’ve seen an increase in attacks that circumvent a single point of failure, allowing criminals to access systems undetected, and to compromise card data. A significant change in PCI DSS 3.2 includes multi-factor authentication as a requirement for any personnel with administrative access into environments handling card data. Previously this requirement applied only to remote access from untrusted networks. A password alone should not be enough to verify the administrator’s identity and grant access to sensitive information,

​A number of credit unions say they have experienced an unusually high level of debit card fraud from the breach at nationwide fast food chain Wendy’s, and that the losses so far eclipse those that came in the wake of huge card breaches at Target and Home Depot.

​Wendy’s is investigating a pattern of unusual card activity at some stores. In a preliminary 2015 annual report, Wendy’s confirmed that malware designed to steal card data was found on some systems. 

An email sent by one credit union CEO who asked not to be named in this story:

“Please take this Wendy’s story very seriously. We have been getting killed lately with debit card fraud. We have already hit half of our normal yearly fraud so far this year, and it is not even the end of January yet. After reading this, we reviewed activity on some of our accounts which had fraud on them. The first six we checked had all been to Wendy’s in the last quarter of 2015.”

All I am suggesting is that we are experiencing much high[er] losses lately than we ever did after the Target or Home Depot problems. I think we may be end up with 5 to 10 times the loss on this breach, wherever it occurred. Accordingly, please put this story in the proper perspective.”