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.

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Breach Accounts Credential Compromise 68

Seon

JUNE 15, 2023

Business email compromise (BEC) attacks can be a major risk to businesses’ finances and reputations. Let’s look at what business email compromise attacks are and explore some of the many ways you can combat them. What Is a Business Email Compromise Attack? Reported losses in 2020 exceeded $4.2

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Email Compromise Compromise Business Email Compromise Risk 52

Nanonets

NOVEMBER 14, 2023

Business Email Compromise (BEC) is a cyber threat that exploits the vulnerabilities of email communication. Perpetrators impersonate trusted entities, such as executives or vendors, employing social engineering techniques to coerce employees into compromising actions. What is Business Email Compromise (BEC)?

Email Compromise 52

Email Compromise Business Email Compromise Compromise Phishing 52

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

JULY 24, 2020

In a post on its website, Instacart said its investigation concluded the San Francisco-based company was not compromised. Instead, Instacart said hackers used credential stuffing, a practice in which usernames and passwords stolen from other sites are used to hack into other accounts. “It

Accounts 75

Accounts Compromise Data Breach Phishing 75

VISTA InfoSec

DECEMBER 19, 2024

Know and Limit Access Prevent compromise of credentials Manage identities and segregate privileges 3.Detect Regularly patch and update software to address known vulnerabilities. SWIFT CSCF v2024 key objectives and principles Below are the 3 key objectives and 7 principles, as defined in the updated SWIFT CSP framework.

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SWIFT Cybersecurity PCI DSS Compliance 130

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.,

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Credential Scams Email Compromise Business Email Compromise 40

PYMNTS

OCTOBER 13, 2016

Apparently all such devices offer an excellent place to do mass tests of stolen login credentials, according to research from Akamai Technologies Inc. There is even a name for this type of hacking: “credential stuffing campaigns.”. There is even a name for this type of hacking: “credential stuffing campaigns.”.

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Credential Compromise Mitigation Research 77

PYMNTS

MAY 16, 2019

By contrast, what hackers reportedly call “dumps” – that is, “card data swiped from compromised retail stores, hotels and restaurants with the help of malware installed on point-of-sale systems,” according to the report – generally go for $15 to $20 per card. Hackers obtained names, addresses and contact details for the customers.

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Breach Data Breach Credential Credit Cards 87

Fintech Finance

NOVEMBER 6, 2024

Tighter Security: By offering biometric authentication, payment passkeys eliminate the risk of passwords being stolen or compromised, protecting shoppers from fraud and scams. More Sales: Merchants reduce cases of cart abandonment as they make customer transactions faster, easier and more reliable.

Visa 98

Visa APACS Transactions Authentication 98

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. Here are specific steps to take if a credit card fraud incident occurs.

Credit Cards 105

Credit Cards Law Enforcement Card Issuer PCI DSS 105

PYMNTS

JUNE 21, 2016

Computer manufacturer Acer announced that hackers may have stolen the payment credentials of thousands of its customers. The company notes that the credentials may have been breached by a third party between the dates of May 12, 2015 and April 28, 2016. Canada and Puerto Rico, according to a letter from the company.

Compromise 42

Compromise Identity Theft Federal Trade Commission Credential 42

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

DECEMBER 14, 2016

KFC reportedly only found 30 accounts that were compromised so far. million users to change their passwords and are also reminding anyone who has reused a password and email address combination to change those as well. Even though it may not result in a massive breach, KFC did sent out emails to its 1.2

Risk 77

Risk Breach Credential Database 77

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

PYMNTS

JULY 30, 2019

Capital One stressed that credit card account numbers and login credentials were not compromised, while more than 99 percent of Social Security numbers were not impacted.

Breach 87

Breach Law Enforcement Data Breach Social Security 87

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

JANUARY 27, 2020

Phishing attempts threaten many firms’ security operations, often tricking employees into revealing email addresses, login credentials, passwords or other sensitive details. One notable phishing attack occurred in 2015, when healthcare giant Anthem suffered a breach that compromised more than 80 million patient records.

Phishing 99

Phishing Data Breach Breach Fraud Prevention 99

PYMNTS

AUGUST 31, 2017

A spambot computer program, which collects email addresses to send out spam messages to consumers, has exposed 711 million email addresses and a number of passwords. which allows people to enter their email address or username to see if they have been compromised. That data appeared for sale on the dark web in May 2016.

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Data Breach Breach Addressing Cybersecurity 51

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 Email Compromise Crime 91

PYMNTS

DECEMBER 12, 2018

The company notified its DD Perks rewards account holders that their information might have been compromised by a hacker. The city of Bakersfield, Illinois, for example, recently disclosed that cybercriminals had compromised the third-party website Click2Gov, used to process residents’ utility and municipal payments.

Data Breach 66

Data Breach Faster Payments Payments Breach 66

PYMNTS

FEBRUARY 19, 2019

With a wealth of stolen credentials to pick from in the wake of several data breaches that comprised the identities of millions, fraudsters have more resources than ever. Yet, how can banks protect against identity theft and application fraud with so many details compromised? Fraud is rampant and thriving. Inverting the Fraud Approach.

Identity Theft 63

Identity Theft Data Breach Breach Verification 63

PYMNTS

OCTOBER 15, 2018

It’s a twist on the business email compromise (BEC) scam that typically involves scammers emailing business owners and seeking payment via wire transfer, ACH or paper check. Researchers advised small business owners to not download any email attachments from an unnamed address. “This is a scam, pure and simple.

Ransomware 77

Ransomware Online and Mobile Banking Small Business Scams 77

Fi911

JULY 8, 2024

Account Takeover Fraud Account takeover fraud involves cybercriminals gaining unauthorized access to a victim’s online account, often through the use of stolen login credentials or phishing schemes. As we addressed before, acquirers have a vested interest in helping merchants with this challenge.

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Account Takeovers Fraud Detection Phishing Fraud Prevention 94

PYMNTS

SEPTEMBER 30, 2016

Security experts believe that may be what happened to Yahoo — the tech giant confirmed that over 500 million user accounts were compromised by hackers, marking what is said to be the largest data breach in U.S.

Security 76

Security Breach Data Breach Cybersecurity 76

PYMNTS

DECEMBER 1, 2016

But what if a new technology could help safeguard and protect sensitive information, from emails and login credentials to bank accounts and other financial information? Whether it’s been the leaked emails of a major political candidate, massive security breaches from major companies like Yahoo and Dropbox or even the hacking of a U.S.

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Blocks Blockchain Compromise Bitcoin 62

PYMNTS

AUGUST 16, 2019

Capital One stressed that credit card account numbers and login credentials were not compromised, while more than 99 percent of Social Security numbers were not impacted.

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Caps Security Cybersecurity Breach 67

PYMNTS

JUNE 6, 2016

According to Krebs on Security , last week, several identity theft protection companies incorrectly named Dropbox as the source of a data breach that compromised nearly 73 million usernames and passwords. Regardless of the source, this is compromised data that belongs to them.”.

Data Breach 42

Data Breach Breach Identity Theft Compromise 42

PYMNTS

DECEMBER 19, 2019

Linked Analysis uses data points across the individual, card, device IP and departments within the institution to get a 360-degree view of whether a member is conducting legitimate business or has been compromised. We are able to put strategies in place right now, before the attack becomes a broad compromise,” Lynch said.

Credit Union 53

Credit Union Compromise Credential Bots 53

PYMNTS

APRIL 17, 2018

Patent and Trademark Office last week, describes how a semi-private or private blockchain could be used to receive and store identity data, including a “name, a street address, tax identification number” and more. The company has filed for more than 35 patents in blockchain technology.

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Blockchain Visa Credential Blocks 52

PYMNTS

JULY 15, 2019

A lot of those actors are using their previous knowledge from the pre-cryptocurrency era to compromise certain pieces of traditional technology infrastructure in order to commit fraud or theft.”. Customers who do not pass automated identity checks can then undergo manual review processes.

Crime 77

Crime Cryptocurrency Law Enforcement Verification 77

PYMNTS

MARCH 26, 2019

That stands as a conscious uncoupling (to borrow a phrase from Gwyneth Paltrow) of personal details that, in the age of data breaches and compromises, may put users at ease when it comes to settling the bill in places where Apple Pay is still not yet an option. Addressing Security Concerns. Apple Card is slated to debut this summer.

Credit Cards 95

Credit Cards Visa Data Breach Security 95

PYMNTS

JUNE 25, 2018

It’s much more straightforward for a criminal to compromise someone’s payment account that could be linked to a credit card than for them to try to steal or gain access to use that credit card,” Endler said, adding that the tools that make these attacks possible are “accessible to people who don’t necessarily have a lot of technical acumen.”.

Account Takeovers 46

Account Takeovers Breach Compromise Payments 46

PYMNTS

APRIL 26, 2016

When we find Spotify credentials, we first verify that they are authentic, and if they are, we immediately notify affected users to change their passwords.” The outlet additionally reports that none of the alleged hacking victims with whom it spoke reported to have been contacted directly by Spotify to address the issue.

Breach 40

Breach Security Credential Compromise 40

PYMNTS

APRIL 24, 2018

When someone becomes a victim of ATO, they lose more than money and login credentials — they lose confidence. First, these attacks can have a rolling effect: Once a fraudster gains access to a consumer’s credentials at one eCommerce merchant, he holds the key to a potential myriad of other digital stores at which to exploit them.

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Breach Bots Credential Data Breach 50

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. But we are seeing in our data it’s also growth,” he said.

Security 97

Security Account Takeovers Credential Compromise 97

PYMNTS

APRIL 5, 2019

Thus, they craft missives that seems friendly, even familiar, lulling victims with e-mail addresses that may even be, on first or second glance, legit. Education from FIs has been key, noted Arruda, who added that warnings from banks and credit unions has increased awareness about various scams including business e-mail compromises.

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FBI Credit Union Credential Cybersecurity 50