FICO

AUGUST 31, 2017

While data breaches and ransomware grab the headlines, we’re still seeing fraud growth due to ATM compromises in the US. The number of POS device and ATM compromises rose 21 percent in the same period. As criminals try to beat the system, we are continually adapting the predictive analytics we use to detect compromises.

Compromise 74

Compromise ATM Continuity Card Issuer 74

PYMNTS

MAY 14, 2019

Japan’s Fast Retailing, the company that owns the Uniqlo retail chain, said that data from upwards of 460,000 customer accounts was compromised by hackers from April 23 to May 10, according to a report by CNBC. Hackers obtained names, addresses and contact details for the customers.

Compromise 65

Compromise Accounts FBI Law Enforcement 65

VISTA InfoSec

JUNE 27, 2024

Upon investigation, it was revealed that personal information such as student names, addresses, dates of birth, and potentially other sensitive details had been compromised. are expected to provide updates on their efforts to address the breach and safeguard student data. As the situation unfolds, LAUSD and Snowflake Inc.

FBI 130

FBI MFA Breach Cybersecurity 130

PYMNTS

NOVEMBER 30, 2020

The SEC put out various alerts over the entirety of the pandemic on the danger of the attacks, warning various sizes of businesses about ransomware attacks affecting broker dealers and investment advisors as well as credential compromises taking peoples' login information and exposing private information.

Business Email Compromise 116

Business Email Compromise Addressing Scams Ransomware 116

PYMNTS

JUNE 19, 2017

The company believes that exposure of cardholder data that could be used to create counterfeit cards – including names, addresses, emails and Social Security numbers – was limited, but some credit card numbers may have been compromised. The breach may affect users who paid via credit card at affected Buckle store locations between Oct.

Compromise 63

Compromise Credit Cards Card Issuer CHIPS 63

PYMNTS

NOVEMBER 21, 2016

According to a report by TechCrunch , roughly two-thirds of Three UK’s customers have had their information compromised after hackers were able to get an employee login and access to the network. The company said the data accessed by the hacker(s) included names, phone numbers, addresses and dates of birth. Three has around 8.8

Compromise 74

Compromise Crime Breach Data Breach 74

FICO

FEBRUARY 16, 2023

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Now that we have data from the entire year to review, we are seeing the alarming trend continue.

Compromise 98

Compromise Scams Debit Card Smishing 98

PYMNTS

APRIL 5, 2018

Meanwhile, Delta Air Lines told Reuters that it was a small number of customers that had their data exposed in the compromise. Sears and Delta are the latest retailers or consumer-facing companies that disclosed compromises in recent weeks. Web visitors, for example, could search by phone number or email address.

Compromise 44

Compromise Breach AI Data Breach 44

PYMNTS

FEBRUARY 1, 2019

An Indian web system — used to mark attendance for government workers, which records names, photos and unique Aadhaar numbers — was easily compromised, and led to the access of private information for thousands of workers, reports showed. . The system is for workers in the state of Jharkhand, and it hasn’t been password protected since 2014.

Compromise 40

Compromise Breach Database Social Security 40

VISTA InfoSec

JUNE 7, 2024

Implicit trust and the abundance of vulnerabilities in outdated security systems can lead to exposed IP addresses, the proliferation of spyware and other malware, and other security risks. However, working predominantly or even exclusively through the internet also poses copious security risks to both individuals and companies.

Micro-Entry 162

Micro-Entry Data Breach Cybersecurity Breach 162

PYMNTS

MARCH 15, 2017

According to Reuters , the vulnerabilities addressed had the potential to allow hackers to have control over the databases and business applications utilized by large global firms. From there, attackers could potentially compromise the system without even needing a username or password.

Addressing 49

Addressing Security Database Compromise 49

Neopay

AUGUST 22, 2024

The proposed changes don’t address the role of social media platforms, where 60% of APP fraud originates,” said Riccardo Tordera-Ricchi, head of policy at The Payments Association. What is lacking in these proposed changes is accountability for social media platform where a huge percentage of fraud takes place.

Rules 52

Rules Treasury Push-to-Card Regulations 52

PYMNTS

AUGUST 10, 2016

That could be the case with 12 health care payers, who are at risk of being hacked after a health care vendor was compromised. Health care companies hold the keys to a lot of sensitive consumer data, and a hack of that data could open up a can of worms.

Compromise 40

Compromise Risk Payer Enrollments 40

Fi911

MAY 7, 2024

Consequences of Being Added to the TMF The effects of being listed on the TMF are extensive and can severely compromise a business’s operations. By taking these steps, businesses can protect themselves and ensure their ability to accept credit card payments is not compromised. The post What is the Terminated Merchant File?

PCI DSS 82

PCI DSS Processors Compromise Identity Theft 82

The Fintech Times

APRIL 11, 2024

The main phishing attacks identified in the report include malicious URLs, malware or ransomware attachments, and compromised account infiltrations. Repercussions extend beyond financial losses, significantly impacting individuals within organisations.

Phishing 69

Phishing Cybersecurity Compromise Ransomware 69

Clearly Payments

JANUARY 12, 2024

Isolate and Secure the Affected System Immediately isolate any compromised systems or payment terminals to prevent further unauthorized access. Inform Cardholders If you have identified specific compromised accounts or transactions, contact the affected cardholders as soon as possible.

Credit Cards 105

Credit Cards Law Enforcement Card Issuer PCI DSS 105

PYMNTS

NOVEMBER 2, 2018

ZDNet noted Radisson Hotel Group said no financial data or passwords were impacted by the breach.

Breach 57

Breach Compromise Data Breach Privacy 57

Seon

JUNE 24, 2024

These tactics pose a significant threat, potentially leading to infiltration into financial systems or other mission-critical data, compromising sensitive information and causing economic losses. 3 Technological Innovations to Mitigating Identity Risks In today’s digital-heavy era, addressing identity-related risks requires better technology.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

Fintech News

JANUARY 2, 2024

Additionally, the ‘Kill Switch’ feature has been introduced, allowing users to swiftly suspend their entire account in case of suspected compromise. Now with the enhanced limits, it addresses a key pain point for our users who were previously curtailed by the lower caps.”

Caps 89

Caps Multi-Currency Transaction Limits Scams 89

VISTA InfoSec

OCTOBER 25, 2023

Choose between a qualitative or quantitative approach: Qualitative Method : Dive into diverse scenarios and address hypothetical inquiries to identify risks. and test environments (used for testing updates or new applications), would cause minimal disruption to an organization’s operations if compromised.

Risk Assessment 130

Risk Assessment ISOs Assessments Risk 130

PYMNTS

JUNE 23, 2020

Twitter has issued an apology to its business clients acknowledging that personal information may have been compromised, the BBC reported. It was possible others could have accessed personal information such as email addresses, phone numbers and the last four digits of clients’ credit card numbers. “We We’re very sorry this happened.

Data Breach 61

Data Breach Breach Compromise Credit Cards 61

The Fintech Times

SEPTEMBER 11, 2024

Our offering goes beyond simple wallet services – it is a comprehensive solution that addresses the unique challenges of digital asset custody from a regulatory, risk and prudential point of view.

Cross-Border 59

Cross-Border Regulations Compromise Bitcoin 59

The Fintech Times

JUNE 3, 2024

Using an organisation as an unwitting Trojan Horse is far easier than directly compromising a major company with a fully staffed Security Operations Center and several layers of security controls. Organisations are still addressing the repercussions of the breach, with projected costs exceeding $65billion.

Third Party Vendors 111

Third Party Vendors Cybersecurity Breach Risk Management 111

PYMNTS

DECEMBER 20, 2019

17), a list of 1,562 Ring passwords and unique email addresses were uploaded to an unknown dark web text-sharing website, according to reports. A security researcher found the passwords and email addresses on the dark web were all associated with Ring’s smart security video doorbell passwords. On Tuesday (Dec.

Law Enforcement 52

Law Enforcement Addressing Compromise Data Breach 52

PYMNTS

JULY 8, 2019

Information Commissioner’s Office ( ICO ) has fined British Airways over £183m for a data breach involving the theft of more than half a million users’ data, including login info, card information, names, addresses and booking information, according to a report by The Guardian.

Compromise 43

Compromise Breach Data Breach Privacy 43

PYMNTS

OCTOBER 10, 2017

“Sometimes, what I think happens to all of us as consumers is that you have a need, but because you don’t see who can actually meet your requirements; you compromise and look for other products and solutions. Newcomers in the market, like Contis, are addressing those gaps and presenting new opportunities for business customers, the CEO said.

Addressing 49

Addressing Cross-Border Faster Payments On-Demand 49

VISTA InfoSec

FEBRUARY 13, 2024

These threats are widespread and can also lead to severe consequences, including financial loss, and the compromise of personal and sensitive data. Developers typically release updates to address any new threats they identify, which makes it crucial for organizations to apply these updates promptly.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

PYMNTS

JANUARY 3, 2021

The intruder or intruders did not, T-Mobile stated, have access to “names on the account, physical or email addresses, financial data, credit card information, social security numbers, tax ID, passwords, or PINs.”. “We T-Mobile previously suffered a data breach in March.

Law Enforcement 85

Law Enforcement Compromise Data Breach Phishing 85

PYMNTS

JANUARY 14, 2020

But for many service providers, achieving one can often mean compromising the other. But cloud migrations are often complex, particularly when it comes to remaining compliant with the mounting regulatory initiatives designed to address growing security risks in the financial services arena. Greater Security Without Compromising UX.

Security 101

Security PCI DSS Compromise Service Provider 101

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. Hackers were able to gain entry by compromising a customer support agent’s credentials, Microsoft said in the letter.

Breach 68

Breach Accounts Credential Compromise 68

FloQast

SEPTEMBER 10, 2024

Addressing the Accounting Talent Shortage with AI For years, the accounting profession has been grappling with a significant talent shortage. We need to ensure that AI complements our work, enhancing rather than compromising the trust in financial reporting. Here’s a section I found particularly interesting.

AI 91

AI Accounts Audit Compromise 91

PYMNTS

JULY 24, 2020

In a post on its website, Instacart said its investigation concluded the San Francisco-based company was not compromised. It appears that third-party bad actors were able to use usernames and passwords that were compromised in previous data breaches of other websites and apps to login to some Instacart accounts,” Instacart wrote. “In

Accounts 75

Accounts Compromise Data Breach Phishing 75

Fintech News

MAY 27, 2024

A report by PwC highlighted that 67% of APAC consumers prioritise security when using digital services, indicating the importance of effective fraud prevention strategies but at the same time not compromising user convenience.

APACS 91

APACS FinTech Data Breach Fraud Prevention 91

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 Finance

MAY 30, 2024

Ivalua offers a unique approach to address the challenges of controlling spend and maximizing the financial and efficiency benefits of Corporate Cards. Unlike alternative solutions, Ivalua enables its clients to securely manage card usage without compromising potential cash rewards,” said Suman Raju, Chief Financial Officer (CFO) of Ivalua.

Compromise 52

Compromise Cash Management Automation Security 52

The Paypers

JUNE 14, 2017

(The Paypers) FICO has released the FICO Card Compromise Manager, an anti-fraud solution that detects and prioritises compromised merchants and data breaches involving card data.

Addressing 28

Addressing Data Breach Compromise Breach 28

The Fintech Times

FEBRUARY 4, 2024

Eight months later, the same groups have called on legislators to clarify the compromise text reached on recital 34 of the AML Regulation in the technical trilogues. An urgent matter If the latest draft compromise text for recital 34 becomes law, there would be an extreme detriment for PIS, Europe’s home-grown payment solution.

AML 59

AML Regulations Payer Payee 59