PYMNTS

JANUARY 9, 2019

8) that his office, as well as 42 other state attorney generals, have settled with Neiman Marcus over a 2013 breach of customer payment card data at 77 of the retailer’s stores. Of the cards that were breached, at least 9,200 were used for fraudulent purposes, the Maryland AG said in the press release.

Breach 63

Breach Data Breach Settlement Payments 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

VISTA InfoSec

JUNE 3, 2024

Weak or compromised passwords are often the weak link in an organization’s security chain, providing an easy entry point for cybercriminals. According to a Verizon report , over 80% of hacking-related breaches are due to compromised passwords. PCI PIN and PCI DSS: Standards for securing payment card data.

MFA 130

MFA Credential PCI DSS Compliance 130

PYMNTS

MARCH 6, 2018

After its point of sale (POS) systems were reportedly affected by malware designed to capture credit card information, RMH Franchise Holdings is warning that its Applebee’s restaurants in 15 states suffered a data breach. The company said all its 167 locations were impacted, Bank Info Security reported. “In

Data Breach 56

Data Breach Breach Point-of-Sale (POS) Law Enforcement 56

PYMNTS

AUGUST 20, 2019

In the wake of the Capital One data breach that exposed data tied to 100 million individuals in the United States comes a warning that there really are not any places to hide. Does the Capital One breach portend risks for banks on the Continent? No rest for banks amid the hackers.

Data Security 70

Data Security Breach Security Data Breach 70

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. Sure, there is always some early stage indignation, some earnest proclamations to avoid compromised businesses. That is, indeed, sobering.

Breach 68

Breach Data Breach Authentication Database 68

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Owning this data puts FAMGA on the front lines in the fight against the theft and exploitation of our personally identifiable information (PII). Effective data security features are critical to securing this information.

Data Security 58

Data Security Encryption Security Data Breach 58

PYMNTS

OCTOBER 5, 2020

The panel’s standards apply to all entities that accept credit or debit card payments and are intended to ensure that these organizations are working to reduce their risks of security breaches and to minimize the damage of attacks that slip through their defenses. Compliance Complexities.

Data Breach 82

Data Breach Breach PCI DSS Compliance 82

PYMNTS

DECEMBER 5, 2017

The public may learn of data breaches much more promptly if three senators get their way on a proposed Senate bill, the Data Security and Breach Notification Act, which was introduced on Thursday, Nov. To be fair, Yahoo did ‘fess up about the breach earlier, but only by a year. In May, Target paid $18.5

Data Breach 53

Data Breach Breach Posting Consumer 53

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

Payments Source

DECEMBER 21, 2018

The sheer number of users who trust large companies like Google with their personal data places a huge responsibility on these companies to proactively disclose any compromise of the data security as early as possible, writes Aman Khanna, vice president of products for ThumbSignIn.

Breach 63

Breach Compromise Data Security Security 63

VISTA InfoSec

JANUARY 18, 2024

As a reminder, the Payment Card Industry Data Security Standard (PCI DSS) is a comprehensive set of security requirements that all organizations handling cardholder data must adhere to. These requirements’ main objective is to safeguard sensitive cardholder information and mitigate data breaches.

PCI DSS 288

PCI DSS Procedures Encryption Security 288

Payments Source

APRIL 27, 2016

EMV chip card protections at the point of sale and a general corporate awareness of card data security are helping lower the number of data compromises worldwide. But fraudsters are moving quickly to bigger targets.

Chip Cards 64

Chip Cards Breach EMV CHIPS 64

PYMNTS

APRIL 25, 2019

Two consumer websites have settled with the Federal Trade Commission (FTC) over allegations that they did not secure consumers’ data, allowing hackers to breach both sites. This led to a security breach that compromised the data of approximately 2.1 million consumers, including around 500,000 U.S.

FTC 53

FTC Data Security Security Consumer 53

Exact Payments

JULY 1, 2024

By Jeremy Smillie, VP of DevSecOps at Exact Payments In an era where data breaches are not just threats but realities, protecting Personally Identifiable Information (PII) is more crucial than ever. At Exact Payments, we understand the magnitude of the responsibility of handling such sensitive data. We implement TLS 1.3,

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

PYMNTS

MARCH 20, 2017

which owns a number of well-known restaurants nationwide, was identified by Google as possibly being the victim of a large credit card breach. When this message is displayed, it typically means that the site has been compromised in some way by scammers. Select Restaurants Inc.,

Breach 46

Breach Point-of-Sale (POS) Compromise Credit Cards 46

PYMNTS

JANUARY 30, 2017

The latest report from the Identity Theft Resource Center (ITRC) and CyberScout finds a worrying trend: 2016 was a record year for data breaches, with businesses emerging as the largest target for hackers by far. Health care entities and government agencies, too, are at risk for their data security.

Data Security 54

Data Security Governance Government Data Breach 54

Fi911

MAY 7, 2024

In certain circumstances, such as excessive chargebacks, data breaches, fraudulent activities, or violation of regulations, a merchant’s account may be terminated. 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.

PCI DSS 92

PCI DSS Processors Compromise Identity Theft 92

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. Of those, 2.7

Data Breach 53

Data Breach Breach Regulations NOV 53

PYMNTS

MAY 15, 2017

and Puerto Rico had their payment card information compromised. Any person shopping at both Brooks Brothers and Brooks Brothers Outlet stores between April 4, 2016, through March 1, 2017, may have been impacted by this breach. Over the past 11 months, Brooks Brothers ’ customers at various brick-and-mortar locations in the U.S.

Breach 46

Breach Compromise Social Security Payments 46

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

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

OCTOBER 25, 2017

Of all the sensitive personal data consumers and businesses would rather not see compromised, financial data is surely toward the top of the list. Nearly one-quarter of those 42 percent said the data breach occurred in the last year, up from 19 percent in 2016.

Breach 41

Breach Data Breach Encryption Data Security 41

PYMNTS

DECEMBER 12, 2018

However, with so much sensitive information being transferred with each transaction, the need to keep the data secure has never been greater. In the new Smarter Payments Tracker , PYMNTS explores the latest efforts by banks and businesses to keep payments data secure from fraudsters, cybercriminals and other bad actors.

Data Breach 66

Data Breach Faster Payments Payments Breach 66

CB Insights

OCTOBER 18, 2018

Keeping enterprise data secure is one of the biggest challenges corporations now face. Corporations increased the number of times they mentioned cybersecurity on earnings calls nearly three-fold since 2014, according to CB Insights data. CB Insights put together a research series on the future of data security.

Cybersecurity 57

Cybersecurity Data Breach Encryption Data Security 57

Payments Source

APRIL 11, 2018

Even though a denial-of-service attack on an e-commerce site is not classified as a breach because data is usually not compromised, the 2018 Verizon Data Breach Investigations Report claims it is a growing menace to merchants who rely solely on their websites.

Data Breach 64

Data Breach Breach Compromise Data Security 64

Fintech News

MARCH 10, 2024

However, a challenge presents itself: the ever-evolving threat to mobile app security. From compromised financial data to stolen identities, a single breach can shatter user trust and cripple business operations. Remember, user trust is a fragile asset, and only solid commitment to data security can safeguard it.

Digital Payments 113

Digital Payments Security Data Encryption Encryption 113

PYMNTS

JULY 17, 2019

Clinical Pathology Laboratories (CPL) is the latest victim of a data security breach at the billing collections service American Medical Collection Agency (AMCA). CPL learned of the breach involving the AMCA payment website after being contacted by the company. million LabCorp customers were compromised.

Breach 40

Breach Data Breach Social Security Compromise 40

PYMNTS

APRIL 2, 2018

Retailer Hudson’s Bay has disclosed that customers at Saks and Lord & Taylor stores in North America have had their payment cards compromised. The breach, which is believed to involve 5 million cards, would be one of the largest involving payment cards over the past year. A company spokeswoman declined to comment further.

Breach 43

Breach Law Enforcement Data Security Cybersecurity 43

PYMNTS

OCTOBER 14, 2016

The new group, called Odinaff, is believed to be compromised of 10–20 organizations armed with malware that can hide fraudulent transfer requests in the SWIFT system. The emergence of new possible instances of compromise is not entirely surprising given that banks should now be undertaking rigorous reviews of their environments.

SWIFT 75

SWIFT Compromise Cybersecurity Data Breach 75

PYMNTS

MARCH 2, 2018

Like breaches , for example. Thursday was the same day the company said that more individuals in the United States were hit by last year’s data breach than had been initially estimated. That’s a lot of compromised data, of course. The latest tally comes to 147.9 million, up 2.4 Revenues were $838.5

Breach 41

Breach Data Breach Identity Theft Data Security 41

PYMNTS

NOVEMBER 14, 2016

A survey of security officials among enterprises worldwide found that a third of cyberattacks that target corporations are successful in compromising data security. Often, it would take a company months or even a year or longer to identify a data breach.

On-Demand 75

On-Demand Data Breach Data Security Small Business 75

Stax

NOVEMBER 6, 2023

Today, data is as important as currency and should be safeguarded as such. In 2022, there were 1802 instances of data compromise in America which affected 422 million people. Moreover, companies need to follow data privacy and compliance requirements to stay in business.

Encryption 88

Encryption PCI DSS Data Security Origination 88

PYMNTS

NOVEMBER 19, 2019

As its website has been hacked with code that steals shoppers’ payment information, Macy’s announced it has experienced a data breach. The website was compromised in early October, and a malicious script was added to the My Wallet and Checkout pages, Bleeping Computer reported.

Compromise 58

Compromise Data Breach Credit Cards Breach 58

Payments Source

DECEMBER 12, 2016

Too many data breach reports show that companies suffering compromises were unaware that cardholder data was present in their systems. The Payment Card Industry Security Standards Council wants to fix this.

Data Breach 63

Data Breach Compromise Breach Security 63

PYMNTS

APRIL 29, 2016

The PCI Security Standards Council said on Thursday (April 28) that it has published a new version of its data security standard (DSS), geared toward data protection before, during and after transactions take place. This version, 3.2, now replaces 3.1, A significant change in PCI DSS 3.2

Data Breach 40

Data Breach PCI DSS Data Security Standard (DSS) Breach 40

PYMNTS

DECEMBER 29, 2016

InterContinental Hotels Group (IHG), parent company to more than 5,000 global hotel locations including Holiday Inn, is investigating a possible data security breach in some U.S. It’s believed that if a breach did take place, it mainly impacted Holiday Inn and Holiday Inn Express locations. Just months ago, 20 U.S.

Breach 54

Breach Card Network Rules Fraud Prevention Best Practices 54