PYMNTS

MARCH 29, 2017

XOR Data Exchange , Austin-based data and analytics startup, just recently introduced a new resource for online retailers to fight the account takeovers as the number data breaches that include account login credentials grows. number and types of data breaches associated with any individual customer. and globally.

Fraud Prevention 40

Fraud Prevention Account Takeovers Identity Theft Data Breach 40

Seon

JUNE 24, 2024

Still, the pursuit can be defined as endeavors that ensure secure and reliable digital identity management, including preventing unauthorized access to sensitive information, such as login credentials, PII and financial information. Digital footprint data serves as valuable forensic evidence in security incidents or breaches.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

FICO

JUNE 8, 2020

Criminals are increasingly sophisticated in how they compromise data, and are deploying new tactics across the social engineering lifecycle. Fraudsters buy compromised data (credentials, ID documents, personally identifiable information or payment details).

Compromise 52

Compromise Financial Crimes Breach Credential 52

PYMNTS

APRIL 21, 2020

Business email compromise (BEC), B2B phishing scams, synthetic identities, fake accounts and trillions of aid dollars flooding out at a time of maximum uncertainty make this a fraudster’s paradise. COVID-19 has afforded internet villains what will certainly go down as the greatest cybertheft opportunity of their shadowy lifetimes.

Scams 63

Scams Automation Phishing Email Compromise 63

PYMNTS

APRIL 24, 2018

Of these, none are more insidious than Account Takeover, aka ATO. When someone becomes a victim of ATO, they lose more than money and login credentials — they lose confidence. If a victim falls for it, it can compromise not only that person’s information, but also that of others in his network.

Breach 50

Breach Bots Credential Data Breach 50

PYMNTS

JUNE 26, 2018

Account takeovers are finding favor among fraudsters. Account takeovers have the double-barreled effect of being easier to complete successfully — for the bad guys — and are harder to head off (by the good guys). Furthermore, the company said that bots are being used to abuse stolen credentials.

Account Takeovers 46

Account Takeovers Faster Payments Breach Credit Cards 46

PYMNTS

AUGUST 16, 2019

In the August Mobile Order-Ahead Tracker , PYMNTS explores the latest developments in the world of QSR rewards programs, including program debuts from Chipotle and Costa Coffee, revamped ordering solutions from Jersey Mike’s and Shake Shack and how credential stuffing and account takeovers are plaguing the industry.

Data Breach 76

Data Breach Breach Account Takeovers Credential 76

PYMNTS

JULY 21, 2020

Compromised credit card fraud increased 212 percent year over year in 2019, while customer credential leaks increased 129 percent during the same period. Fraudsters are teaming up to rip off FIs, forming elaborate rings that work cooperatively on account takeovers and phishing attempts.

Crime 66

Crime Financial Crimes FBI Cybersecurity 66

PYMNTS

OCTOBER 26, 2016

From Wi-Fi hotspots to printers, unsecured routers to digital video recorders — connected devices can be vulnerable to hacks and, when compromised, are being used by hackers to launch significant distributed denial-of-service (DDoS) attacks. Going Beyond PCI. Covering All The (Data) Bases.

Payment Security 81

Payment Security Security Identity Theft Compromise 81

PYMNTS

APRIL 12, 2019

Thus, business email compromise fraud (BEC) is evolving too. That comes, for example, as fraudsters gain access to a firm’s internal operations and use the ACH methods for account takeovers. Said Adrien Gendre, chief solution architect for Vade Secure, on the site: the email scams “are not isolated, that’s for sure.”.

Business Email Compromise 46

Business Email Compromise AFP ACH Email Compromise 46

PYMNTS

MAY 23, 2017

For this month’s Tracker feature story, PYMNTS caught up with McDowell, who said that the best way to protect against global attacks like WannaCry — or even small-scale breaches — is to stop them before they happen, by replacing authentication details that can be stolen or compromised by human error with credentials that are safe from prying eyes.

Authentication 44

Authentication Ransomware Credential Law Enforcement 44

PYMNTS

AUGUST 7, 2020

The following Deep Dive examines how fraudsters’ schemes target gamers as well as how data breaches enable bad actors to commit account takeover (ATO) fraud. Other bad actors rely on phishing, in which potential victims receive links that direct them to fake login pages and ask them to input their account details.

Phishing 89

Phishing Data Breach Account Takeovers Verification 89

FICO

MAY 15, 2018

In the age of data breaches, self-broadcasting of personal information, and ever more-sophisticated fraudsters, here are four steps you can take to protect yourself: Be diligent and vigilant about who you’re giving your personal information and credentials to. If those details get compromised, you’re a potential victim for account takeover.

IRS 63

IRS Data Breach Identity Theft Breach 63

PYMNTS

APRIL 14, 2017

For example, some fake accounts perform normal user activities such as logging in, updating a profile, following other users, etc., This technique of aging fake accounts can make the malicious accounts appear very similar to other users and evade detection. Another dangerous attack is account takeover (ATO).

Account Takeovers 44

Account Takeovers Online and Mobile Banking Credential Compromise 44

FICO

FEBRUARY 8, 2018

They’re going to associate their digitized face, fingerprint, iris or heartbeat with your account. This is what makes biometrics more risky than other forms of authentication comes after a compromise has occurred; once your biometrics are corrupted, how do you prove you’re really you?

Security 65

Security Cybersecurity Authentication Account Takeovers 65

PYMNTS

MAY 8, 2020

Building that experience properly, he noted, means allowing consumers to create accounts with stored credentials and data — because to build a competitive digital service means building one that works smoothly, not one that consumers have to continually relog into.

Security 97

Security Account Takeovers Credential Compromise 97

PYMNTS

OCTOBER 11, 2017

Byrnes said there are three primary types of fraud: stolen credit cards, account takeover and friendly fraud. Criminals often use these credentials to buy purely digital goods, such as concert tickets, so they can receive and resell the goods as quickly as possible, said Byrnes. The Modern Face of Fraud.

Crime 44

Crime Account Takeovers eWallet Online and Mobile Banking 44

PYMNTS

OCTOBER 30, 2017

Account takeover fraud is a growing concern, but Krebs noted that institutions and customers are better armed against it. Moreover, consumers tend to be aware of things like their banks accounts, and a credit card statement with a balance that’s a few thousand dollars north of where it should be tends to draw attention.

Identity Theft 69

Identity Theft Account Takeovers FTC Phishing 69

PYMNTS

OCTOBER 27, 2017

Well, for one, account takeovers, which are on the rise. According to the October 2017 Global Fraud Index, a PYMNTS and Signifyd collaboration, account takeover has spiked 45 percent in Q2 2017 alone. That was before Equifax flooded the dark web with the personal credentials of every adult in the United States.

AI 46

AI Account Takeovers Payment APIs and Integration FBI 46

PYMNTS

MAY 24, 2017

In a recent interview with PYMNTS, McDowell said that the best way to protect against global attacks like WannaCry — or even small-scale breaches — is to stop them before they happen, by replacing authentication details that can be stolen or compromised by human error with credentials that cannot. No Password, No Cry? .

Authentication 40

Authentication Credential Ransomware Phishing 40

PYMNTS

FEBRUARY 21, 2018

As added confirmation, the PYMNTS Global Fraud Index found account takeovers were up 45 percent year over year in the second quarter of 2017. Now hackers are turning their attention to how electrical grids work, how airlines operate, how technology in general can be compromised. You can see how it all starts to add up.

Credit Cards 62

Credit Cards AI Breach Issuers 62

PYMNTS

APRIL 9, 2018

Likewise, cybersecurity tools are limited when stopping other employee behaviors that lead to data breaches, like sending credentials or money to bad actors and fraudulent accounts. To err is human,” IBM said in its report. Unfortunately, the lasting effects of a simple mistake in a digital world can be catastrophic.

Data Breach 49

Data Breach Breach Cybersecurity Phishing 49

FICO

JUNE 4, 2018

Authorized push payment scams manipulate the account holder into making the payment to an account controlled by fraudster—hence the term ‘’. After gaining access to a victim’s account, a fraudster might go one step further to carry out account takeover fraud.

Demand Deposit Account (DDA) 40

Demand Deposit Account (DDA) Smishing Payer IRS 40

PYMNTS

MAY 27, 2016

I was reminded yesterday in my digital discussion with the CEO of Forter, Michael Reitblat, that 83 percent of the fraud attacks last year were the result of botnets, besting some of the more “tried and true” tactics like account takeovers and phishing.

SWIFT 43

SWIFT Bitcoin Online and Mobile Banking ATM 43

Seon

JUNE 21, 2023

Like any online account, virtual credit card accounts, the mobile wallets they are kept in, and even the online bank accounts they may be connected to are vulnerable to account takeover (ATO) fraud , phishing, and more sophisticated attacks, such as man-in-the-middle attacks.

Credit Cards 52

Credit Cards Risk Online and Mobile Banking Phishing 52