PYMNTS

JULY 24, 2020

and Canadian online grocery delivery service, blamed reused passwords for the recent account hacks that led to the theft of its customers’ personal data that landed on the dark web. In a post on its website, Instacart said its investigation concluded the San Francisco-based company was not compromised. Instacart , the U.S.

Accounts 75

Accounts Compromise Data Breach Phishing 75

VISTA InfoSec

MAY 23, 2024

These storage resources can be compromised and lead to data leaks similar to the unsecure S3 bucket of THSuite reported in 2020. Meanwhile, database resources can have vulnerabilities such as misconfigurations and stolen credentials that allow cybercriminals to steal critical data and extort organizations.

Compromise 251

Compromise Database Best Practices Shutdown 251

VISTA InfoSec

JUNE 27, 2024

The breach, linked to a hack of the district’s Snowflake account, has exposed sensitive data pertaining to students and employees enrolled in the sprawling district.

FBI 130

FBI Breach MFA Cybersecurity 130

PYMNTS

APRIL 24, 2019

Reports have appeared all over social media, particularly via Reddit and Twitter , about Chipotle user accounts being pirated, with hundreds of dollars’ worth of food ordered to customer cards that those customers never saw. She further noted that the firm is pretty sure credential stuffing is the root cause in this case.

Credential 67

Credential Breach API Addressing 67

PYMNTS

APRIL 14, 2019

According to reports citing Microsoft, the company confirmed that a “limited” number of webmail users — including @msn.com and @hotmail.com — saw their accounts compromised by hackers. It also appears the bad guys didn’t access login credentials including passwords. Microsoft said affected users should change their passwords.

Breach 68

Breach Accounts Credential Compromise 68

PYMNTS

OCTOBER 17, 2018

Visa announced today the commercial expansion of its Visa Token Service for “credential-on-file token requestors.” Network tokens offer merchants an appealing solution to boosting the security of transactions while also helping merchants manage the account credentialing that is now the reality of multichannel retail payments.

Credential 86

Credential Digital Payments Payments PayPal 86

PYMNTS

DECEMBER 17, 2019

An unidentified group is reportedly putting much effort into a complicated scam to steal the login credentials of government personnel. The victim is then offered a choice of logging in through email credentials from providers such as Google, Microsoft and Yahoo. Anomali, a security firm, says it has found bogus websites of the U.S.,

Credential 40

Credential Scams Email Compromise Business Email Compromise 40

PYMNTS

MAY 6, 2016

million stolen accounts have been identified — the majority of which belong to users of Mail.ru, Russia’s most popular email service. The remaining accounts came from the expected international sources — Google, Microsoft and Yahoo — noted Alex Holden, founder and chief information security officer of Hold Security. billion records.

Compromise 42

Compromise Accounts Request for Comment Credential 42

Fintech News

AUGUST 19, 2024

These scams involved pop-up alerts on victims’ devices, falsely claiming they were compromised by malware. Scammers, posing as technical support from companies like Microsoft or Apple, would then manipulate victims into providing remote access to their devices, leading to unauthorised transactions from their bank accounts.

Scams 114

Scams Money Laundering Cross-Border Phishing 114

The Fintech Times

MAY 9, 2024

Enumeration attacks, where threat actors use automated scripts or botnets to repeatedly submit card-not-present (CNP) transactions using different combinations of payment values, such as a primary account number (PAN), a card’s verification value (CVV2), expiration date and postal code, cause as much as $1.1billion annually in fraud losses.

AI 111

AI CVV2 Issuers Compromise 111

PYMNTS

OCTOBER 27, 2017

Hackers look for ways to best monetize the computers they compromise. Traditional avenues include stealing bank account credentials to sell on the dark web or installing destructive malware software. Their new tactic is injecting code that generates bitcoin onto cloud-computing servers and compromised websites.

Compromise 53

Compromise Bitcoin Cryptocurrency Credential 53

Fintech News

MAY 8, 2024

Visa has launched an AI-powered enhancement to its Visa Account Attack Intelligence (VAAI) solution, designed to combat the increasing number of account attacks facilitated by automated scripts and botnets. Visa reports that 33% of accounts targeted by enumeration attacks experience fraud within five days of the breach.

Bots 109

Bots AI Issuers Fraud Prevention 109

Fintech News

MAY 21, 2024

The scammer claimed that her computer had been hacked and that her bank accounts might have been compromised. The scammer instructed the victim to log into her DBS bank account, but when she couldn’t remember her password, the scammer offered to reset it for her.

Scams 100

Scams Funds Transfer Credential Compromise 100

The Fintech Times

JUNE 26, 2024

According to Promon, cybercriminals are using the malware strain to target banking customers in Southeast Asia, causing significant financial losses for account holders in the region. This allows it to evade anti-tampering mechanisms and remain hidden while compromising app security.

Security 111

Security Cybersecurity Credential Compromise 111

PYMNTS

NOVEMBER 30, 2020

A hacker is reportedly selling information from hundreds of C-suite executives' Microsoft -based email accounts, according to a report from Engadget. The accounts went on the market at a limited-access forum in the Russian underground. apparel maker and the CFO of a European retail chain," according to Engadget.

Business Email Compromise 116

Business Email Compromise Addressing Scams Ransomware 116

PYMNTS

FEBRUARY 1, 2021

40 legitimate email accounts of company executives have been compromised in a phishing campaign targeting businesses , according to Gov Info Security reports. Cybercriminals are using the tactic to steal company credentials, including executive email addresses, which are then sold on the dark web.

Data Breach 136

Data Breach Breach Business Email Compromise Scams 136

Fintech News

MARCH 25, 2024

It typically operates by infecting a user’s device through various means, such as phishing emails, fake apps, or compromised websites. However, behind the scenes, the malware captures the user’s login credentials, account information, and other sensitive data entered into the fake UI.

Mobile Banking 114

Mobile Banking Online and Mobile Banking Identity Theft Credential 114

Fi911

JULY 8, 2024

Fraudsters exploit vulnerabilities in online payment systems and often use stolen credit card information or create fake accounts to make unauthorized purchases. Furthermore, the growing sophistication of fraud techniques, including synthetic identity fraud and account takeovers, exacerbates the challenge.

Account Takeovers 87

Account Takeovers Fraud Detection Phishing Fraud Prevention 87

PYMNTS

SEPTEMBER 15, 2016

The patent covers methods and systems to map risks arising from credentials, especially privileged credentials, present on machines in the network that, once compromised, enable attackers to access and compromise other machines in the network.

Risk 68

Risk Security Technology Credential 68

Fintech News

JUNE 10, 2024

Akira affiliates gain initial access by exploiting vulnerabilities, brute-forcing services like Remote Desktop Protocol (RDP), social engineering, and using compromised credentials. Once inside, they create new domain accounts and escalate privileges using various tools.

Ransomware 101

Ransomware Authorization Phishing Cybersecurity 101

PYMNTS

JULY 13, 2020

Account takeovers (ATOs) are a growing source of pain for financial institutions (FIs) and their customers, with losses from these attacks rising 164 percent in 2018. FIs can struggle to detect such attacks because fraudsters provide the authentication details necessary to access the accounts. Understanding ATOs.

Credential 58

Credential Bots Authentication Online and Mobile Banking 58

PYMNTS

AUGUST 24, 2020

This week's B2B Data Digest looks at the rising threat of the business email compromise (BEC) scam and invoice fraud on companies of all sizes in the U.S., Reports said the fraudsters have stolen more than 800 sets of credentials in an attempt to commit B2B payment fraud via spear-phishing attacks. Canada and the world over.

Scams 119

Scams Business Email Compromise Ransomware Email Compromise 119

PYMNTS

JUNE 6, 2019

It showed how the scam uses two new tools, Muraena and NecroBrowser, to potentially trick users into sharing their private credentials. Once it has the victim on the fraudulent site, the user is asked to enter their login credentials, as well as their 2FA code.

Scams 58

Scams Credential Security Phishing 58

PYMNTS

JULY 24, 2020

There were sellers offering data from what could have been 278,531 accounts, although some may have been duplicates or fake, the report noted. Outside of the Instacart platform, attackers may target individuals using phishing or credential stuffing techniques. Instacart said that had never happened.

Data Breach 86

Data Breach Breach Phishing Duplicate 86

PYMNTS

AUGUST 17, 2020

CNN reported Canadian officials detected as many as 300,000 attempted attacks to access accounts. As a result of the breach, the CRA said more than 11,000 of 12 million personal accounts were compromised, including online portals accessing tax payer data and COVID-19 relief programs. The CRA plays multiple roles.

Governance 65

Governance Government Data Breach Breach 65

Clearly Payments

JANUARY 12, 2024

Isolate and Secure the Affected System Immediately isolate any compromised systems or payment terminals to prevent further unauthorized access. Change passwords and access credentials for the affected systems to prevent continued unauthorized activity. appeared first on Credit Card Processing and Merchant Account.

Credit Cards 88

Credit Cards Law Enforcement Card Issuer PCI DSS 88

Seon

JUNE 24, 2024

It prevents issues such as payment fraud, account fraud (and misuse), loan fraud, and conducting business with high-risk individuals , as well as a stipulated practice for anti-money laundering (AML) compliance. Credit card fraud accounted for 34% of these statistics, indicating fraud’s pervasive and industry-agnostic nature.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

PYMNTS

JULY 22, 2019

Reports say that the hacks, which are known as Media File Jacking, allow media that spans photos to documents to be compromised in “real time” and that means intercepting data between when it is written to disk and when they are loaded onto user interfaces. The apps have, cumulatively over 1.5 billion users.

Phishing 72

Phishing Credential Scams Payments 72

PYMNTS

NOVEMBER 18, 2020

In other news, cryptocurrency exchange Liquid alerted its users in a blog post Wednesday that a “malicious actor” was able to gain control of several internal email accounts and access to Liquid’s files. 13), according to the post, and was able to “mitigate risk to customer accounts and assets.”

Bitcoin 60

Bitcoin Compromise Cryptocurrency NOV 60

PYMNTS

JANUARY 18, 2019

Users of HIBP can enter their email into a query and see if it’s been compromised. For the regular person, this means that email and password combos are especially vulnerable through what’s called credential stuffing. This is when specific combos are used to hack into other accounts using the same login credentials.

Data Breach 63

Data Breach Breach Credential Compromise 63

PYMNTS

SEPTEMBER 24, 2019

One of the biggest problems, Blanco said, is account takeover. . Account takeover, which involves the targeting of financial institution customer accounts to gain unauthorized access to funds, is an extremely common cybercrime affecting U.S. financial institutions,” he said.

Fincen 71

Fincen Account Takeovers Identity Theft Financial Crimes 71

PYMNTS

NOVEMBER 16, 2020

The risk of fraud continues to climb for organizations of all sizes as the latest data reveals third-quarter spikes in business email compromise and ransomware scams. Business email compromise scams spiked 15 percent during the period, too, with researchers finding that BEC attacks increased across 75 percent of the industries surveyed.

Business Email Compromise 96

Business Email Compromise Scams Ransomware Email Compromise 96

PYMNTS

NOVEMBER 16, 2020

Cybercriminals have sought to exploit philanthropic giving, consumer and small business stimulus payments, unemployment benefits and even the acquisition of personal protective equipment (PPE) as ways to leverage compromised data, steal money and make fraudulent purchases.

Identity Theft 118

Identity Theft Credential Account Takeovers Fraud Prevention 118

PYMNTS

JANUARY 25, 2021

They often hack into these consumers’ accounts using passwords stolen from other sites that use the same login credentials, for example. A Lloyds Bank study found that this type of fraud has increased fivefold over the past year, accounting for up to 1 percent of all loan applications.

Credential 94

Credential Data Breach Phishing Cybersecurity 94

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). Sometimes they target multiple accounts owned by that victim.

Compromise 52

Compromise Financial Crimes Credential Breach 52

PYMNTS

MAY 16, 2019

According to that analysis, criminals could, on average, fetch between $2 and $8 per account for credit card data stolen from online retailers – stolen goods that hackers reportedly call “CVVs.” Pirated Accounts. It could easily be credential stuffing,” Stuppy said. “It In April, news emerged concerning the QSR chain Chipotle.

Breach 87

Breach Data Breach Credential Credit Cards 87

PYMNTS

DECEMBER 7, 2020

Business email compromise (BEC) scams continue to ravage company coffers. IBM researchers Claire Zaboeva and Melissa Frydrych said the aim of the attack "may have been to harvest credentials to gain future unauthorized access," possibly with an intent to obtain information into vaccine distribution strategies.

Business Email Compromise 91

Business Email Compromise Scams Crime Email Compromise 91