PYMNTS

AUGUST 21, 2018

When it comes to the bond between consumer and financial services, no doubt the relationship is a bit, well, frayed in the age of data breaches and the Dark Web. In the latest Data Drivers, Karen Webster and Philipp Pointner, chief product officer at Jumio , delved into some scary data points surrounding those aforementioned breaches.

Data Breach 42

Data Breach Breach Laws Authentication 42

PYMNTS

JULY 15, 2020

With data showing that 45 percent of all 2019 data breaches — and there were a lot of them — involved medical records theft, costing healthcare providers $429 per compromised patient record or nearly $18 billion, organizations can’t be confused about their value to cyberthieves. Medical Records = Dark Web Gold.

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Data Breach CCPA Breach Social Security 58

PYMNTS

APRIL 11, 2017

Data breaches are so commonplace, might we have become immune to the news of more credentials hacked, more identities stolen? Initial enrollments may happen online, added the executive, where regulatory hurdles must be leapt, for identity verification, at the front end. That’s a lot of data at risk for compromise, said Geiman.

Credential 40

Credential Enrollments Authentication Breach 40

Stax

NOVEMBER 6, 2023

In 2022, there were 1802 instances of data compromise in America which affected 422 million people. Besides the enhanced data security, other benefits include reduced risk of breaches, easier regulatory compliance, and compatibility with legacy systems. Today, data is as important as currency and should be safeguarded as such.

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Encryption PCI DSS Data Security Origination 88

PYMNTS

NOVEMBER 1, 2017

Recent changes to profile details, including one’s address, can be a tip-off that an account has been compromised by fraudsters. Getting consumers to enroll in Mastercard’s 3DS Secure Code solution is the first step – a big task. Enrollment by annoyance, however, is likely not a recommended strategy. Biometrics.

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Security Enrollments Authentication Issuers 43

PYMNTS

AUGUST 10, 2017

The overarching theme is to mitigate risk when it comes to offering individuals access to government services, in an effort to keep their personal data safe and the agency from a breach of data — and the conduits to getting there have, perhaps, more moving parts than you might expect. They are not a secret.

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Social Security Security Credential Authentication 53

PYMNTS

FEBRUARY 6, 2018

News Monday that the Consumer Financial Protection Bureau has walked back from a full-tilt investigation into the Equifax breach brought to mind the personal data of hundreds of millions of people that is now floating across the Badlands of the Dark Web. A lot of companies are finding they have great discrepancies,” he told Webster.

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Identity Theft Social Security Addressing Consumer 48