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. This is the latest breach to impact Microsoft this year.

Breach 68

Breach Accounts Credential Compromise 68

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

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?

Best Practices 52

Best Practices Data Breach Breach Phishing 52

The Paypers

APRIL 28, 2016

(The Paypers) A survey of more than 300 professionals worldwide found that 22% of respondents whose company had experienced a data breach said the breach was due to compromised credentials.

Data Breach 28

Data Breach Credential Compromise Breach 28

PYMNTS

AUGUST 16, 2019

The suit claims that [24]7 waited over five months to tell the airline about the breach instead of immediately informing it. The airline claims that 24[7] fell short of implementing basic security controls like forbidding workers from using the same login credentials or requiring multifactor authentication for employees accessing source code.

Data Breach 84

Data Breach Breach Multifactor Authentication Credential 84

PYMNTS

APRIL 24, 2019

There is a bit of a twist in this often-told tale of breached consumer data: Chipotle maintains that the company itself has not been breached. She further noted that the firm is pretty sure credential stuffing is the root cause in this case. It could easily be credential stuffing. So, what’s going on? Is Chipotle?

Credential 67

Credential Breach API Addressing 67

PYMNTS

JANUARY 18, 2019

The largest public data breach ever has been discovered, according to Gizmodo. The breach is just one data batch of at least six more, collected by someone trying to sell the stolen info, which amounts to almost 1 terabyte of stolen information. Users of HIBP can enter their email into a query and see if it’s been compromised.

Data Breach 63

Data Breach Breach Credential Compromise 63

PYMNTS

JUNE 23, 2020

Twitter has issued an apology to its business clients acknowledging that personal information may have been compromised, the BBC reported. The tech company said there’s no evidence billing information was compromised. This is not the first time Twitter has been exposed to a data breach. We’re very sorry this happened.

Data Breach 61

Data Breach Breach Compromise Credit Cards 61

PYMNTS

JULY 24, 2020

. “We are not aware of any data breach at this time,” an Instacart spokesperson told BuzzFeed News. “We Outside of the Instacart platform, attackers may target individuals using phishing or credential stuffing techniques. We take data protection and privacy very seriously.

Data Breach 86

Data Breach Breach Phishing Duplicate 86

PYMNTS

JULY 30, 2019

A former Amazon systems engineer working for Capital One is said to be the woman behind a breach that accessed the data of over 100 million people. Thompson formerly worked for Amazon Web Services, which hosted the Capital One database that was breached. Capital One revealed the massive data breach in a news release on July 29, 2019.

Breach 87

Breach Law Enforcement Data Breach Social Security 87

PYMNTS

DECEMBER 3, 2018

If the sure-thing principle can be believed, then last week’s Marriott breach of 500 million customer records won’t have much of an impact on the consumer’s decision to book a hotel room at a Marriott property for their next trip. In December of 2013, Target was breached. What’s Real and What’s Relevant. Until they did.

Breach 77

Breach Consumer Credential Compromise 77

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

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.

Data Breach 42

Data Breach Breach Identity Theft Compromise 42

Fintech News

MAY 8, 2024

Visa reports that 33% of accounts targeted by enumeration attacks experience fraud within five days of the breach. Michael Jabbara “With access to advanced technology, fraudsters are monetising stolen credentials faster than ever before. Initially available to U.S. said Michael Jabbara, SVP Global Head of Fraud Services, at Visa.

Bots 109

Bots AI Issuers Fraud Prevention 109

PYMNTS

MAY 6, 2016

Usernames and passwords are being traded by the millions around Russia’s criminal underworld — evidence of one of the largest breaches in history. Hold discovered the latest breach after finding a Russian hacker bragging about the large number of email credentials he had amassed, as well as his plan to give them away.

Compromise 42

Compromise Accounts Request for Comment Credential 42

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

PYMNTS

NOVEMBER 7, 2019

At least 12 Capital One cybersecurity employees have exited since the breach due to security issues left hanging by Johnson and other executives, sources told the WSJ. Capital One employees raised red flags over security risks before the company suffered a massive data breach.

Data Breach 40

Data Breach Breach Security FBI 40

PYMNTS

APRIL 26, 2016

While the outlet attests that a number of the users identified therein (which TechCrunch contacted directly) are alleging breach, Spotify states otherwise. 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.”

Breach 40

Breach Security Credential Compromise 40

PYMNTS

JULY 9, 2018

Timehop , the mobile app that gathers photos from social media, disclosed on Monday (July 9) that it was the subject of a data breach. In a blog post, the company said that on July 4 it experienced a network intrusion that led to a breach of some of its customers’ data.

Data Breach 40

Data Breach Breach Multifactor Authentication Credential 40

PYMNTS

JUNE 28, 2016

It was reported that the login credentials of more than 32 million Twitter users were compromised. According to LeakedSource, which indexes hacked credentials from data breaches, the credentials are being traded on the dark web for about 10 bitcoin a pop, or a little under $6,000.

Data Breach 40

Data Breach Breach Credential Phishing 40

PYMNTS

DECEMBER 4, 2018

We must give credit to the criminals who engineered the recently disclosed data breach that could end up impacting some 500 million guests of Marriott International. Breach Aftermath. Here’s the challenge: Consumers are almost certainly becoming numb to these types of breaches, secure in the knowledge that banks will have their backs.

Breach 68

Breach Data Breach Authentication Database 68

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

MARCH 16, 2017

The Department of Justice bringing charges against two spies in Russia and two hackers who allegedly took part in the massive data breach that rocked Yahoo recently has now shed light on exactly how these breaches took place. According to Palmore, that initial breach eventually led the exposure of more than 500 million user accounts.

FBI 46

FBI Breach Identity Theft Data Breach 46

PYMNTS

MAY 13, 2016

It took longer than expected from a company in the business of delivering its product quickly, but Wendy’s has at last opened up about getting hit with a credit card breach. Rumors of a possible breach at a number of the fast food chain’s locations were first reported (by Krebs on Security) back in January.

Breach 43

Breach Third Party Vendors Law Enforcement Credit Union 43

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. Reducing the amount of unnecessary data collected can lessen the impact of a data breach and decrease the resources needed for data protection.

Ransomware 101

Ransomware Authorization Phishing Cybersecurity 101

PYMNTS

AUGUST 17, 2020

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 attack didn’t have any dire effects like a data breach, officials said. Online services are expected to be fixed by Wednesday (Aug.19),

Governance 65

Governance Government Data Breach Breach 65

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. There is a bit of a twist in this often-told tale of breached consumer data: Chipotle maintains that the company itself has not been breached.

Breach 87

Breach Data Breach Credential Credit Cards 87

Seon

JUNE 24, 2024

Still, the pursuit can be defined as endeavors that ensure secure and reliable digital identity management, including preventing unauthorized access to sensitive information, such as login credentials, PII and financial information. Digital footprint data serves as valuable forensic evidence in security incidents or breaches.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

PYMNTS

JULY 15, 2020

If those systems are also compromised, ARN reported that the attacks could access their credentials as well. While primarily SAP applications have been affected, SAP systems are also typically connected with other kinds of third-party structures that exchange data via application programming interfaces (APIs).

Breach 56

Breach Security Payment Gateways Credential 56

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. Take Marriott , which is still dealing with the fallout of a breach that left the data of 500 million rewards customers exposed. Inverting the Fraud Approach.

Identity Theft 63

Identity Theft Data Breach Breach Verification 63

PYMNTS

JULY 19, 2020

France-based telecom company Orange reported that a ransomware attack had compromised the data of 20 enterprise customers on one of its servers, according to news site teiss. “Affected customers have already been informed by Orange teams, and Orange continues to monitor and investigate this breach. .

Ransomware 60

Ransomware Phishing Encryption Data Breach 60

PYMNTS

DECEMBER 27, 2020

Reuters quoted Senior Director Jeff Jones as saying Thursday, “Our investigation of recent attacks has found incidents involving abuse of credentials to gain access, which can come in several forms. We have not identified any vulnerabilities or compromise of Microsoft product or cloud services.”.

Credential 84

Credential Compromise Treasury Breach 84

PYMNTS

JULY 13, 2020

Bad actors attempting ATOs seek to gain control of victims’ bank accounts without alerting FIs, and they therefore aim to obtain the login credentials necessary to smoothly move through FIs’ authentication measures. Some of these attacks see bots entering random words and numbers, while others involve entering common usernames and passwords.

Credential 58

Credential Bots Authentication Online and Mobile Banking 58

PYMNTS

AUGUST 16, 2019

Capital One employees raised red flags over security risks before the company suffered a massive data breach. The alleged hacker, Paige Thompson, was a former employee of Amazon Web Services, which hosted the Capital One database that was breached. “We About five years ago, the company started moving its data to the cloud.

Caps 67

Caps Security Cybersecurity Breach 67

PYMNTS

OCTOBER 28, 2019

UniCredit has revealed a data breach that leaked information belonging to three million customers from Italy, Reuters reported on Monday (Oct. The Italian bank indicated that a 2015 file containing customers’ names, addresses, emails and phone numbers was compromised. When the breach was discovered last Thursday (Oct.

Data Breach 40

Data Breach Breach Cybersecurity Credential 40

PYMNTS

JANUARY 27, 2020

Businesses have good reason to be concerned about data breaches. Cybercriminals’ accomplishments come at the expense of targeted businesses, with a recent study finding that individual data breaches cost firms around the globe an average of $3.92 million in 2019 — a 1.5 percent increase from 2018. Fighting the Phishers.

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Phishing Data Breach Breach Fraud Prevention 99

PYMNTS

AUGUST 19, 2019

In the latest Mobile Order-Ahead Tracker , PYMNTS explores the latest developments in the world of QSR rewards programs and how credential stuffing and account takeovers are plaguing the industry. Here are some examples of restaurants and retailers that have bounced back from mobile data breaches and what they are doing to ensure security.

Account Takeovers 63

Account Takeovers Data Breach Bots Credential 63