PYMNTS

SEPTEMBER 21, 2019

In this context, the House Financial Services Committee’s Task Force on Artificial Intelligence met earlier this month to discuss the rising threat of small business cyberattacks, the role of technology in combatting it, and the potential for regulation to address security risks.

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Data Breach Breach Small Business Business Email Compromise 80

PYMNTS

DECEMBER 31, 2018

So far this year (and there’s still one more day), Verizon reported that there have been 2,216 confirmed data breaches across 65 countries. Even more disturbing, perhaps, is that 68 percent of those breaches took months for the breached companies to discover. According to early reports, the data breach impacted 0.5

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Data Breach Breach Database Compromise 92

PYMNTS

JULY 12, 2020

Delivery startup Dunzo , India’s food and grocery delivery service backed Google , has suffered a data breach, The News Minute reported. The company’s databases were compromised including users’ contact details and email addresses. Dunzo has launched an internal investigation, the online news service reported.

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Data Breach Breach Database Compromise 80

FloQast

APRIL 30, 2024

At their core, compliance programs are tasked with identifying and mitigating risks that could cripple organizations, from financial irregularities to data breaches. Conclusion: A Call to Action The challenges outlined above underscore the urgent need for organizations to address the pressures facing their compliance programs.

Compliance 105

Compliance Addressing Audit Risk 105

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.

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Compromise ATM Continuity Card Issuer 74

PYMNTS

SEPTEMBER 19, 2018

Newegg, the electronics retailer, was reportedly the victim of a data breach that lasted a month. The hackers sent credit card data to a service controlled by them, noted the report. Newegg isn’t the only retailer to fall victim to a data breach. 14 through Sept.

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Data Breach Breach Credit Cards Social Security 64

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.

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Data Breach Breach Compromise Credit Cards 61

PYMNTS

JUNE 24, 2020

Messaging app Telegram said a data breach has exposed a database containing the personal information of millions of users, according to a Cointelgraph report. Data breaches have not slowed during the pandemic. The company introduced new measures for privacy in response, letting users hide their phone number from everyone.

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Breach Data Breach Law Enforcement Database 115

The Payments Association

DECEMBER 9, 2024

However, as payment services rely more heavily on these AI technologies, they face a growing challenge: how to harness the power of LLMs without compromising data privacy. Payment data is inherently vulnerable because its compromise can have significant financial and personal consequences for consumers.

Privacy 88

Privacy Payment Security AI Security 88

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. As businesses become more digital, their vulnerability to cybersecurity threats like data breaches and ransomware attacks also rises.

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Micro-Entry Data Breach Breach Cybersecurity 162

PYMNTS

NOVEMBER 21, 2016

Data breaches are becoming more common these days, and it doesn’t matter which country the company resides in. That’s the case with the latest breach, which reportedly happened to Three UK, the U.K. Three confirmed the breach to The Telegraph. mobile network operator. Three has around 8.8

Compromise 74

Compromise Crime Breach Data Breach 74

PYMNTS

JULY 9, 2018

After Macy’s cyber tools detected suspicious logins on June 11, the retailer is warning customers about a data breach. While Macy’s blocked the profiles that it believes to have been compromised, the retailer is asking customers to “remain vigilant.” The website Orbitz.com was not impacted.

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Data Breach Breach Social Security Addressing 53

Fintech News

MAY 27, 2024

The Evolving Fraud Landscape APAC has seen a significant uptick in corporate data breaches, profoundly impacting fintech companies. As per IBM Security’s report, APAC bore the highest average cost of a data breach globally, averaging US$3.24 million in 2021.

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APACS Data Breach FinTech Fraud Prevention 114

PYMNTS

DECEMBER 20, 2019

Gas station and convenience store chain Wawa said it discovered a data breach in which thousands of customers’ debit and credit card information was stolen, according to a report by CNBC. Wawa said its team stopped the breach on Dec. Wawa isn’t the only large company to be affected by a data breach recently.

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Data Breach Breach Identity Theft Credit Cards 52

PYMNTS

JUNE 29, 2018

The first class action lawsuit against Exactis has been filed in response to the company’s massive data breach that exposed the private information of more than 200 million U.S. Keller is also co-lead counsel in the recent Equifax data breach class action. consumers and 110 million business contacts.

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Data Breach Breach Database Credit Cards 50

PYMNTS

DECEMBER 27, 2019

Multiple lawsuits seeking class action status have been filed in Philadelphia over a data breach at Wawa convenience stores, which affected 850 locations along the East Coast of the U.S., Wawa recently came forward with information that it found malware on its payment processing servers, and that it stopped the breach on Dec.

Data Breach 52

Data Breach Breach Identity Theft Debit Card 52

VISTA InfoSec

JUNE 27, 2024

In a recent development that has raised concerns across the education sector, Los Angeles Unified School District (LAUSD) has confirmed a significant data breach involving student information. Data put on sale On June 18, Sp1d3r posted snippets of the data it stole on a hacking forum and began selling the data for $150,000.

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FBI Breach MFA Cybersecurity 130

PYMNTS

FEBRUARY 21, 2017

When a company is hit with a data breach that leads to the leak of consumer information, the event will make headlines. Not so much, however, when a breach results in the compromise of sensitive corporate data, like information on M&A plans or intellectual property. ” An Innovative Future. .

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Data Breach Breach Cybersecurity Compromise 53

EBizCharge

OCTOBER 25, 2023

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. According to the 2023 IBM Data Breach Report , the global average cost of data breaches was $4.45 What are data breaches?

Data Breach 52

Data Breach Best Practices Breach Phishing 52

PYMNTS

OCTOBER 5, 2020

Customers’ data is transmitted to various parties when their cards are used at checkout and many hackers seek to compromise these communication flows to steal details. Lackluster PCI compliance brings unnecessary risks to the payments landscape, but partnerships and technological support could address this problem.

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Data Breach Breach PCI DSS Compliance 82

PYMNTS

JUNE 6, 2016

Reports of data breaches and cyberattacks are serious, but what happens when those claims are untrue? 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.

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Data Breach Breach Identity Theft Compromise 42

PYMNTS

NOVEMBER 27, 2018

27) for the data breach in 2016 that impacted millions of users. Meanwhile, the Dutch Data Protection Authority (DPA) fined Uber $678,780. The fines stem from a data breach in 2016 in which the names, mobile phone numbers and email addresses of 57 million users around the globe were compromised.

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Data Breach Breach Regulations NOV 53

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. 28, 2016, and April 14, 2017. Those who may have been affected will be notified.

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Compromise Credit Cards Card Issuer CHIPS 63

PYMNTS

JULY 11, 2018

Another retailer has been hit with a data breach. The data breach impacted one-half of one-percent of customers who were registered on Macys.com or Bloomingdales.com, spokeswoman Blair Rosenberg said Tuesday (July 10), according to Bloomberg. “We Macy’s is just the latest retailer to be hit with a data breach.

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Data Breach Breach Compromise Social Security 40

PYMNTS

AUGUST 1, 2019

House Committee on Oversight and Reform Republicans have started a probe into Capital One and Amazon over a massive data breach that affected millions, according to a report by the Financial Times. . The committee sent out two letters and asked for a “staff-level briefing” with both companies in the next two weeks regarding the breach.

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Data Breach Breach Compromise Settlement 46

PYMNTS

JUNE 21, 2019

Canadian lender Desjardins Group revealed that it has been the victim of a data breach that could impact more than 2.9 The compromised data includes first and last name, date of birth, social insurance number, address, phone number, email address and details about customer banking habits and Desjardins products.

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Data Breach Breach Identity Theft Law Enforcement 45

The Fintech Times

JULY 30, 2024

The cost of data breaches has been on a steady incline for the past decade. However, evidence from IBM , a multinational tech firm, suggests that in the next 10 years, breaches could cost a lot more as we just experienced the highest year-on-year jump in cyber attacks (10 per cent).

Data Breach 59

Data Breach Breach AI Law Enforcement 59

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.

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Compromise Accounts FBI Law Enforcement 65

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

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

VISTA InfoSec

SEPTEMBER 30, 2024

Data breaches, cyberattacks and misuse of personal information are severe threats challenging the privacy of customers data, they can not only damage a companys reputation but can also lead to heavy fines if compromised. To overcome these challenges, data protection laws are established.

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CCPA Privacy Laws Data Breach 130

VISTA InfoSec

OCTOBER 21, 2024

Data breaches, cyberattacks and misuse of personal information are severe threats challenging the privacy of customer’s data, they can not only damage a company’s reputation but can also lead to heavy fines if compromised. To overcome these challenges, data protection laws are established.

CCPA 130

CCPA Privacy Laws Data Breach 130

PYMNTS

NOVEMBER 30, 2018

In what may be among the largest data breaches in history, Marriott International said Friday morning (Nov. 30) that as many as 500 million guests’ data was accessed, tied to a breach of the Starwood hotel guest reservation database. “We fell short of what our guests deserve and what we expect of ourselves.

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Data Breach Breach Database Encryption 43

PYMNTS

AUGUST 29, 2018

Air Canada, the Canadian airline operator, confirmed to TechCrunch on Wednesday (August 29) that its mobile app suffered a data breach. According to news from the site, Air Canada said the data breach of its mobile app affected approximately 20,000 people — or about 1 percent of the 1.7 million people who use the app.

Data Breach 40

Data Breach Breach Credit Cards Compromise 40

PYMNTS

NOVEMBER 2, 2018

The Radisson Hotel Group suffered a data breach that impacted its loyalty and rewards program customers, reported ZDNet. ZDNet noted Radisson Hotel Group said no financial data or passwords were impacted by the breach.

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Breach Compromise Data Breach Privacy 57

PYMNTS

SEPTEMBER 28, 2016

Just last week, Yahoo fell victim to what could be the biggest data breach in the digital era. Over 500 million Yahoo accounts have been compromised by hackers, according to emerging reports. Mayer was reportedly not quick to announce that 500 million accounts had been compromised in the 2014 breach.

Data Breach 75

Data Breach Breach Compromise Cybersecurity 75

PYMNTS

JUNE 29, 2018

Another day, another (possible) data breach: Adidas revealed that it has come under attack from cybercriminals looking to steal personal information. The breach could potentially affect millions of customers, who were notified on Thursday (June 28) about the incident on the Adidas U.S.

Data Breach 40

Data Breach Breach Compromise Encryption 40

PYMNTS

FEBRUARY 28, 2019

Representative Katie Porter, a Democrat from California, asked the CEO to share his Social Security Number, birth date, and address at the public hearing during an exchange about security and privacy concerns. In 2017, Equifax suffered a massive data breach that exposed the personal data of 143 million consumers in the U.S.,

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Identity Theft Data Breach Breach Social Security 77