VISTA InfoSec

JUNE 18, 2024

Even if passwords are compromised, those extra identity checkpoints block illicit access attempts. A single compromised login could damage your entire network. This advanced data security measure demands additional verification beyond just a device passcode, such as a fingerprint scan or random code from a mobile app.

Data Security 266

Data Security Security Encryption Cybersecurity 266

The Fintech Times

MAY 9, 2024

With the VAAI Score, our clients now have access to real-time risk scoring that can help detect the likelihood of an enumeration attack so issuers can make more informed decisions on when to block a transaction. ” At Visa, security and reliability are top priorities year-round.

AI 109

AI CVV2 Issuers Compromise 109

PYMNTS

DECEMBER 1, 2016

By eliminating large-scale collection of personal data, John said, he and his team can not only reduce the number of accounts that have been compromised but can also discourage fraudsters from attacking those users in the first place by removing some of the bounties that cybercriminals are after. They’ve gotten everyone on that list.”.

Blocks 62

Blocks Blockchain Compromise Bitcoin 62

PYMNTS

NOVEMBER 11, 2016

Gryphon has developed a Wi-Fi router that is designed to block cyberattacks. These connected devices have been reported as vulnerable to hacks and, when compromised, can be used to send extremely large volumes of traffic to a site.

Blocks 66

Blocks Compromise Cybersecurity Volume 66

VISTA InfoSec

JUNE 7, 2024

A ZTNA solution blocks all network traffic by default and allows this traffic to flow only when and where organizational policy permits it. It thus evaluates every new access individually to account for the possibility that previously authorized users have been compromised or organizational policies have changed.

Micro-Entry 162

Micro-Entry Data Breach Breach Cybersecurity 162

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

The Fintech Times

APRIL 22, 2024

Security is failing to keep pace with smartphone utilisation with compromised digital wallets and banking apps leading to growing identity threats, a report has revealed. The study reveals that one in five respondents experienced compromised personal bank accounts through unauthorised access via mobile banking apps.

Identity Theft 57

Identity Theft Consumer Online and Mobile Banking Monetary Loss 57

PYMNTS

JULY 31, 2020

million, and it isn’t clear whether private customer data was compromised by the attack. A CWT representative told the news service: “While the investigation is at an early stage, we have no indication that personally identifiable information/customer and traveler information has been compromised.”

Bitcoin 105

Bitcoin Ransomware Compromise FBI 105

Exact Payments

JULY 1, 2024

which includes security enhancements such as enforcing “forward secrecy” to prevent the compromise of encryption keys between the server and clients. Even if a server’s key is compromised, past communications remain secure because the session keys cannot be retroactively decrypted. We implement TLS 1.3,

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

Fintech News

MAY 8, 2024

With the VAAI Score, our clients now have access to real-time risk scoring that can help detect the likelihood of an enumeration attack so issuers can make more informed decisions on when to block a transaction.” said Paul Fabara, Chief Risk and Client Services Officer at Visa. said Michael Jabbara, SVP Global Head of Fraud Services, at Visa.

Bots 104

Bots AI Issuers Fraud Prevention 104

Fintech Finance

MAY 7, 2024

“With the VAAI Score, our clients now have access to real-time risk scoring that can help detect the likelihood of an enumeration attack so issuers can make more informed decisions on when to block a transaction. More than a thousand dedicated specialists protect Visa’s network from malware, zero-day attacks and insider threats 24x7x365.

Accounts 59

Accounts AI Issuers Compromise 59

PYMNTS

NOVEMBER 1, 2016

Credit score firm FICO said that 2015 went down as the highest-ever tally of compromised machines, although it should be noted that FICO did not disclose actual numbers. Earlier this month, The Wall Street Journal reported that, since the introduction of EMV in the U.S.,

ATM 68

ATM Scams Blocks EMV 68

Fintech News

JANUARY 10, 2024

However, the vulnerabilities of this solution became evident as hackers exploited and compromised the security of banking transactions that led to identity and money theft”. Banks currently manually block transactions in response to potential fraud cases. During this period, SMS OTP was the industry standard and deemed secure.

AML 115

AML Money Laundering Authentication Procedures 115

Payments Source

SEPTEMBER 20, 2017

Software PIN pads can compromised by crooks that intercept the PIN after it's typed. MagicCube attempts to position itself "in the middle" to block these hacking attempts.

Compromise 60

Compromise Blocks Security Mobile Payments 60

PYMNTS

FEBRUARY 20, 2019

The cybersecurity company analyzes data from its Global Intelligence Network, which records events from 123 million attack sensors worldwide, and blocks 142 million threats daily and monitors threat activities in more than 157 countries. Symantec said it blocked more than 3.7 million each month.

Scams 69

Scams Identity Theft Compromise Ransomware 69

FICO

AUGUST 16, 2022

Once a customer has used a compromised card reader, the fraudster can download or wirelessly transfer the card details and the video of the PIN being typed, giving them complete access to the account. One of the most insidious aspects of skimming fraud is that a transaction at a compromised location usually goes through without a hitch.

Compromise 52

Compromise Romance Scams Push-to-Card ATM 52

FICO

JUNE 11, 2020

While convenient for customers, unattended pumps make it easier for use fraudsters use compromised cardholder information (available in plentiful supply on the Dark Web ) to make fraudulent purchases. . As a result, Falcon can proactively increase fraud detection while simultaneously decreasing the false-positive rate. .

EMV 72

EMV Compromise Fraud Prevention CHIPS 72

Finovate

AUGUST 28, 2024

With the backing of an expansive data consortium of 5,000+ financial institutions, the platform also enables banks and financial institutions to block merchants deemed “high risk” and limit the potential damage from major data breaches.

Fraud Prevention 59

Fraud Prevention Debit Card Data Breach Returns 59

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

PYMNTS

OCTOBER 1, 2020

Mitiga is working with law enforcement after uncovering a widespread business email compromise (BEC) scam that has netted more than $15 million.

Business Email Compromise 73

Business Email Compromise Scams Email Compromise Wire Transfer 73

VISTA InfoSec

FEBRUARY 16, 2024

Validate all user input to block tampering attempts. - If an automated technical solution is installed that continually detects and prevents web-based attacks, it must be actively running and up to date, generate audit logs, and be configured to either block web-based attacks or generate an alert that is immediately investigated.

PCI DSS 100

PCI DSS Procedures Best Practices Verification 100

PYMNTS

APRIL 18, 2018

Russia is making good on its threat to ban Telegram by blocking IP addresses owned by Google and Amazon, saying they were being used by the messaging service. On Monday (April 16), a Russian court made it easier for the government to block Telegram after its creators refused to turn over access to its users’ encrypted messages.

Blocks 43

Blocks Encryption Authorization Addressing 43

PYMNTS

OCTOBER 27, 2016

. “By replacing possibly compromised cards preemptively, banks and shops can save an amount in the triple-digit million (Danish crowns) range, which they could suffer in losses from trades made with stolen credit card information,” the company said in a statement. Jyske Bank has already said it will block and replace 7,000 cards.

Data Breach 75

Data Breach Breach Law Enforcement Compromise 75

PYMNTS

NOVEMBER 21, 2019

Secure Payments is able to automate the verification process for supplier account details, which is often compromised in B2B payments fraud tactics like the Business Email Compromise, in which a fraudster poses as a legitimate supplier and requests account detail changes to receive payments from their target.

B2B 44

B2B Security Cybersecurity Email Compromise 44

PYMNTS

NOVEMBER 25, 2019

He added that the company now blocks emails from Hong Kong. “We We never got compromised, and never saw the phishing emails,” he said. Ted Cash, general manager of ALP Utilities in Minnesota, revealed that his employees “found a quarantined email in a restricted account” after being contacted by the FBI.

FBI 64

FBI Phishing Breach Compromise 64

PYMNTS

AUGUST 13, 2018

According to the FBI, the bank or payment processor is compromised with malware to access bank customer card information and exploit network access, enabling funds to be taken from ATMs.

FBI 58

FBI ATM Scams Third Party Vendors 58

PYMNTS

AUGUST 18, 2016

It’s no wonder this trend has emerged, especially with the onslaught of data breaches in recent years that have made compromised payment data more accessible than ever before.

Blocks 42

Blocks Credential Credit Cards Data Breach 42

FICO

JANUARY 10, 2023

They were able to identify attempts to uncover CVVs on the cards they had issued and could therefore have those cards blocked and reissued. In 2022, we saw an alarming increase in the number of compromised cards, as monitored by the FICO’s Card Alert Service. Innovative Customer Communications for Fraud. Source: KTVU Fox 2 .

Scams 52

Scams Posting Push-to-Card Compromise 52

FICO

MAY 27, 2021

This includes phishing of personal and account-level information as well as compromising the PAN / CVV for use in a fast-following fraud attack. The enforcement activity is then to block access to those web domains, which requires a collaboration between ISPs in order to prevent more victims falling for the scam.

Scams 98

Scams Law Enforcement Compromise Fraud Prevention 98

PYMNTS

JUNE 22, 2020

Merchants, with the inclusion of Valentino, had blocked off their retail locations with wood to stop looters from compromising their retail locations as well as their stock of items in early June. And that part of Fifth Avenue reportedly had low foot traffic on a recent day during the week.

Compromise 52

Compromise Blocks Legal Consumer 52

PYMNTS

MARCH 12, 2020

Schroeder pointed to the recent adoption by PULSE of the FICO Falcon Platform, to underpin its DebitProtect service with a range of fraud detection and blocking capabilities extended across more than 3,700 debit issuers, including real-time risk scoring. Debit really is — and always has been — about faster payments,” Schroeder told PYMNTS.

Payroll 61

Payroll Issuers Debit Transaction Push-to-Card 61

PYMNTS

DECEMBER 22, 2016

This is largely because IoT devices offer easily accessible bandwidth and CPU at no cost to the attacker, with much less effort to compromise than a modern PC or laptop,” Jose Nazario, director of security research at Fastly, told Forbes.

Cybersecurity 46

Cybersecurity Compromise Bots Enrollments 46

PYMNTS

OCTOBER 23, 2018

In the future, customers will be able to block the access, noted the report. is seen as a data access compromise by a traditional bank and a FinTech. To address those concerns, customers can see the FinTechs that can collect data on JPMorgan’s website and mobile app. CEO Zach Perret said in a telephone interview. .”

Venmo 64

Venmo Compromise Blocks PayPal 64

PYMNTS

NOVEMBER 12, 2019

In deploying the FICO Falcon Platform, enhanced fraud detection and blocking capabilities are made available to issuers, PULSE said. In terms of mechanics, the new case management functionality helps issuers reduce costs by assisting them in accurately managing groups of compromised cards. Among the features is real-time scoring.

Fraud Detection 40

Fraud Detection Debit Network Issuers Risk Mitigation 40

PYMNTS

APRIL 16, 2018

A Russian court has made it easier for the government to block the Telegram messaging app after its creators refused to turn over access to its users’ encrypted messages. According to The New York Times , Roskomnadzor, Russia’s state communications watchdog, requested the authority to block the app’s use in Russian territories.

Blocks 40

Blocks Encryption Authorization Rules 40

PYMNTS

MAY 20, 2019

ICANN said it found Amazon’s terms, which featured numerous compromises, to be acceptable. Amazon said it would block up to 1,500 sensitive words, and that additions could be allowed for up to two years. The decision will be finalized after a 30-day public comment period.

Disputes 54

Disputes Compromise Blocks Government 54

CoinRemitter

MAY 20, 2024

In an article published on the Block, scams pretending to be crypto-related activities stole almost $300 million in 2023. Attackers use this info to cause problems, like blocking real payments or scamming the owner. They pretend to be trusted companies or crypto projects to steal private information like login details or private keys.

Scams 40

Scams Cryptocurrency Security Phishing 40