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.

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Data Breach Breach Credential Compromise 63

PYMNTS

SEPTEMBER 21, 2019

As lawmakers ponder this risk, PYMNTS highlights some of the newest data points uncovered by researchers examining small business cybersecurity. 149,000: the average cost of a data breach for a small-to-medium sized business , according to AppRiver.

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Data Breach Breach Small Business Business Email Compromise 80

PYMNTS

DECEMBER 3, 2018

Savage published research about how consumers process information when making decisions. 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.

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Breach Consumer Credential Compromise 77

PYMNTS

SEPTEMBER 19, 2018

Newegg, the electronics retailer, was reportedly the victim of a data breach that lasted a month. According to a news outlet citing RiskIQ Threat Researcher Yonathan Klijnsma, the research found that hackers installed 15 lines of card skimming code on Newegg’s payments page, which stayed on the site from Aug.

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Data Breach Breach Credit Cards Social Security 64

PYMNTS

OCTOBER 27, 2016

26) that it was the victim of a data breach that could have impacted 100,000 credit cards. According to a report , Nets thinks the breach was linked to one internet retailer overseas. The report noted Nets is working with Visa and Mastercard to investigate the compromise. It has alerted local banks to replace the cards.

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Data Breach Breach Law Enforcement Compromise 75

PYMNTS

FEBRUARY 14, 2019

Remember how all those names, addresses, dates of birth, Social Security and drivers’ license numbers and other information were stolen in September of 2017 – the information of some 143 million people – in what still stands as the one of the biggest data breaches of all time? Breach Confusion. Marriott Similarity?

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Breach Data Breach Cybersecurity Governance 76

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.,

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

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. The marketing and data aggregation firm was the subject of a data breach in which customer information ended up on the internet for hackers or anyone else to view.

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Data Breach Breach Database Credit Cards 50

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. “We’re seeing losses in billions of dollars.

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Data Breach Breach Cybersecurity Compromise 53

PYMNTS

SEPTEMBER 27, 2020

IBM reported the average cost of a single breach for a business is nearly $4 million, according to FT. About 70 percent of the 500 companies surveyed said that they expected remote working during the pandemic to increase the cost of a breach; four-fifths told researchers said they expected it will take longer to notice and secure a breach.

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Security Cybersecurity Breach Crime 129

PYMNTS

JANUARY 27, 2017

Eric Chiu, cofounder and president of HyTrust , joined this week’s Hacker Tracker to share insights on the SEC examining the Yahoo breaches, why a selfie app may cause more harm than good and how the U.S. Yahoo disclosed a breach of 500 million users’ data in Sept. 2013 had compromised even more user data.

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Data Breach Breach Security Risk 71

The Fintech Times

OCTOBER 18, 2024

Cyber risks : This risk includes threats such as hardware and software failures, spam, viruses, malicious attacks, and other IT-related issues that can compromise a company’s digital infrastructure. Invest in cybersecurity : Given the high stakes of data breaches, fintech leaders must prioritise investments in cybersecurity.

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Risk FinTech Risk Management Cybersecurity 107

Fintech News

DECEMBER 13, 2023

There has been a significant drop in crypto hacks in 2023, with a more than 50% decrease compared to the previous year, according to research conducted by blockchain intelligence company TRM Labs. These measures bolster the security of digital wallets and exchange platforms, helping to identify and prevent potential security breaches.

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Volume Law Enforcement Breach Cryptocurrency 94

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. Thales partnered with 451 Research for the “ 2017 Data Threat Report, Financial Services Edition ,” a report which surveyed U.S.-based The results weren’t great.

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Breach Data Breach Encryption Data Security 41

PYMNTS

MARCH 12, 2020

Hackers breached Volusion servers and inserted malicious JavaScript code, which made its way onto customer store websites, where it recorded payment card details when they were entered into checkout forms. The hack was discovered in October, but researchers say the actual breach happened a month earlier, in September.

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Payments Data Breach Data Breach Compromise 62

PYMNTS

APRIL 20, 2016

New research from Google shows our online websites may not be as safe as we thought they were. In many cases, the websites have been left vulnerable and eventually compromised by weak passwords and outdated software. The whole process takes a median of three days. This is a better experience for webmasters and their audience.”.

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Breach Scams Compromise Research 42

VISTA InfoSec

SEPTEMBER 15, 2023

Report any Personal Data Breaches to both the Data Protection Board and Data Principals. Personal Data Breach A Data Fiduciary must safeguard personal data and prevent breaches, including those by Data Processors (Clause 8 (5), DPDP Act). Clause 8(1), DPDP Act. Clause 8(6), DPDP Act.) Clause 10(2)(c) DPDP Act.)

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Data Breach Breach Government Governance 130

PYMNTS

OCTOBER 3, 2016

According to new data released by RAND researchers, consumers whose personal data has been compromised generally don’t feel much in the way of dissatisfaction over it — 77 percent of notified victims reported being content with how the company handled the breach and its follow-up notification.

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Consumer Breach Compromise Research 74

PYMNTS

AUGUST 16, 2016

NSA’s team of elite hackers has reportedly been compromised, with an anonymous group, calling itself Shadow Brokers, saying it breached the systems used by the NSA’s elite team of hackers that go by the name of Equation Group. But the code does back up other exploits named in 2013 when Edward Snowden leaked government data. “It

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Breach Encryption Compromise Bitcoin 40

PYMNTS

OCTOBER 21, 2019

Security researchers at SRLabs have discovered a new vulnerability that could leave Google and Amazon smart speakers exposed to hackers. The researchers showcased a flaw in several videos that detail how both assistants could allow hackers to secretly listen to a user.

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Breach Research Compromise Mitigation 40

PYMNTS

JANUARY 25, 2021

No user funds have been compromised in the attack. Lastly, while cryptocurrencies might never replace fiat currencies as a medium of exchange, they could replace gold as a store of value, according to research from the Bank of Singapore , The National reported. Cointelegraph noted that 95 percent of funds are kept in cold storage.

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Government Governance Bitcoin Cryptocurrency 104

PYMNTS

NOVEMBER 25, 2019

According to The Wall Street Journal , researchers at a Silicon Valley cybersecurity company discovered the cyberattack attempts. The FBI has contacted some of the utilities, and provided information so that they can scan their computer networks to see if firewalls have been breached.

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PYMNTS

MAY 2, 2019

Organizations are ramping up cybersecurity investments in response to the ever-climbing threat of data breaches and cyberattacks. A recent research report released by eSentire found that indeed, vendors present a significant cyber risk to organizations. million business email compromise scam.

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Data Breach Third Party Vendors Breach Cybersecurity 55

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.

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Compromise Data Breach Credit Cards Breach 58

PYMNTS

AUGUST 30, 2017

New research from Intercede, conducted by Vanson Bourne, finds that security passwords’ lack of reliability in defending against a cyberattack is far from a problem only for individual consumers. In today’s age of the hack, when compromised passwords are the root of the vast majority of security breaches, U.K.

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Research Compromise Cybersecurity Security 41

PYMNTS

DECEMBER 14, 2020

Treasury and Commerce departments are unable to protect their digital databases, lesser organizations would be seemingly hard-pressed to prevent similar security breaches. Chamber of Commerce has been an active advocate on the subject, from its calls for increased cybersecurity coordination within the recent U.S.

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Government Governance Security Cybersecurity 85

PYMNTS

NOVEMBER 4, 2016

With major data breaches on the rise, it’s no surprise cybercriminals have access to more than enough compromised data. From WiFi hotspots to printers and unsecured routers to digital video recorders, hackers essentially have their pick of when looking to compromise unsuspecting IoT devices. When Confidence Isn’t Key.

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Compromise Data Breach Breach Credential 76

PYMNTS

DECEMBER 27, 2020

We have not identified any vulnerabilities or compromise of Microsoft product or cloud services.”. 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.

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Credential Compromise Treasury Breach 84

PYMNTS

JANUARY 27, 2020

Businesses have good reason to be concerned about data breaches. Fraudsters’ attempts to access systems and steal valuable information are becoming more innovative, and research suggests they are also increasingly successful. The same report found that the total cost of a data breach had risen 12 percent since 2014.

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Phishing Data Breach Breach Fraud Prevention 99

PYMNTS

DECEMBER 17, 2019

Headlines are filled with reports of service outages and data breaches , and both banks and consumers are contending with rising fraud concerns as digital banking takes off. This means consumers also blame FIs when data breaches occur, regardless of the entity actually at fault. The former’s breach affected 100 million U.S.

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Technology Data Breach Breach TCH 56

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.

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Data Breach Breach Cybersecurity Credential 40

PYMNTS

APRIL 10, 2019

Candid Wueest, the primary researcher on the Symantec study, said it’s fairly easy for criminals to get the information. The breaches happen when a site sends an email to confirm a booking. The law has stringent rules on how to deal with breached data. Marriott said the data on some 500 million guests was compromised. “We

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Breach Cybersecurity Compromise Privacy 64

PYMNTS

FEBRUARY 10, 2020

1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. The complaint accuses Salesforce of allowing the site to be infected with malware, which is the prime suspect for the data breach. The California law is more specific and more punitive for breaches.

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CCPA Laws Privacy Data Breach 62

PYMNTS

DECEMBER 16, 2016

Carolyn Crandall, CMO of Attivo Networks , joined this week’s Hacker Tracker to share the vulnerabilities impacting POS systems and discuss whether massive data breaches are on the horizon in the months ahead. With that, Crandall said the number of compromised records will continue to go up as well. A Bleak New Year For POS Security.

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Breach Point-of-Sale (POS) Compromise Credit Cards 76

PYMNTS

AUGUST 10, 2018

The new findings gathered by Juniper Research and published in its report, “The Future of Cybercrime & Security: Threat Analysis, Impact Assessment & Leading Vendors 2018-2023,” shows that there will be a staggering increase of 175 percent in cybercrime in 2023. The research also found that the U.S. by 2023.

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Cybersecurity Breach Data Breach Research 43

PYMNTS

FEBRUARY 28, 2019

Deloitte research found 79 percent of organizations expect merger activity to grow in the coming year, up from 70 percent that said the same for 2018. which suffered a data breach last year as the result of a cybersecurity incident at a third-party vendor. Such cases have been reported at Ticketmaster U.K.

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Risk Data Breach Third Party Vendors Cybersecurity 65

PYMNTS

JULY 10, 2020

Researchers revealed that a Google search of the word “cheating” or phrases such as “how to catch a cheating spouse, boyfriend, girlfriend or wife” came up with more than 27,000 websites offering a variety of resources aimed to help people spy.

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Privacy Compromise Breach Rules 56