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).

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Data Breach Breach AI Law Enforcement 57

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?

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Credential Breach API Addressing 67

VISTA InfoSec

JUNE 27, 2024

In a recent development that has raised concerns across the education sector, Los Angeles Unified School District (LAUSD) has confirmed a significant data breach involving student information. Conclusion The ramifications of this breach extend beyond immediate security concerns. As the situation unfolds, LAUSD and Snowflake Inc.

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FBI Breach MFA Cybersecurity 130

PYMNTS

APRIL 14, 2019

In a statement to reporters, Microsoft said: “We addressed this scheme, which affected a limited subset of consumer accounts, by disabling the compromised credentials and blocking the perpetrators’ access.”. It also appears the bad guys didn’t access login credentials including passwords.

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Breach Accounts Credential Compromise 68

VISTA InfoSec

JUNE 18, 2024

Whether you’re a small business owner, a corporate leader, or an Information and Communication Technology (ICT) specialist, the consequences of a data breach are severe and far-reaching. These obsolete programs lack ongoing network security updates, making them low-hanging fruit for breaches.

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Data Security Security Encryption Cybersecurity 266

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.

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Data Breach Breach Multifactor Authentication Credential 84

Payments Source

NOVEMBER 6, 2018

The breach may have occurred through a technique called "credential stuffing," in which hackers who have stolen passwords for other websites try them out on an online banking site.

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Breach Data Breach Credential Accounts 71

PYMNTS

MARCH 31, 2020

Marriott International experienced a massive data breach in an “incident” that involved a property system. The hotel firm said in a notice that it “at the end of February 2020, the company identified that an unexpected amount of guest information may have been accessed” with the sign-in credentials of two franchise property staffers.

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Data Breach Breach Credential Assessments 56

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.

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Credential Digital Payments Payments PayPal 86

Payments Source

NOVEMBER 14, 2017

There is a visible shift in attack patterns immediately following a breach, from initial attacks focusing on high-value loan applications at online lenders to low-value identity testing on charities and social media sites to determine if a stolen credential will work.

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Breach Credential Identity Theft Data Security 64

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. In his blog , Hunt talked about how he discovered the breach. billion combos.

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Data Breach Breach Credential Compromise 63

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. Instacart said that had never happened. We take data protection and privacy very seriously.

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Data Breach Breach Phishing Duplicate 86

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.

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Breach Consumer Credential Compromise 77

Payments Source

JULY 9, 2018

All service providers, even those with a strong security posture, are only as secure as the Home Depots, LinkedIns and Equifaxes of the world, argues George Avetisov, chief executive of HYPR.

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Data Breach Credential Breach Service Provider 67

VISTA InfoSec

JUNE 19, 2024

For instance, an attacker might send an email that appears to be from a trusted video communication platform, prompting you to click on a link to verify your account or update credentials. Enforcing these policies ensures consistent adherence across the organization, reducing the risk of security breaches.

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Risk Ransomware Phishing MFA 277

VISTA InfoSec

APRIL 5, 2024

Operational interruption happens when cybersecurity is breached. A file falling into the wrong hands or credentials being revealed to unauthorized personnel could spell lost productivity and revenue. Data breaches don’t easily get overlooked. Tainted reputation.

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Best Practices Business Continuity Continuity Compromise 278

PYMNTS

SEPTEMBER 26, 2019

DoorDash has revealed that it was the victim of a data breach in May. It’s unknown why it took DoorDash five months to detect the breach, which impacted around 4.9 In addition, around 100,000 delivery workers also had their driver’s license information stolen in the breach. “We We are reaching out directly to affected users.”.

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Breach Third-Party Service Provider Data Breach Credential 62

PYMNTS

JUNE 23, 2020

This is not the first time Twitter has been exposed to a data breach. In 2016, nearly 33 million Twitter users’ personal data was compromised and offered for sale on the dark web, LeakedSource.com, the subscription-based breach notification service, reported. These credentials, however, are real and valid.

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Data Breach Breach Compromise Credit Cards 61

Finovate

AUGUST 14, 2024

Built on the company’s Document Verification (DocV) solution, Selfie Reverification also detects signs of deepfaking, and readily identifies age discrepancies between the photo and the credential. Credential stuffing is a common attack in part because it takes advantage of the tendency of individuals to reuse usernames and passwords.

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Credential FinTech Deepfake Fraud Detection 64

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.

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Data Breach Credential Compromise Breach 28

PYMNTS

SEPTEMBER 19, 2019

Thinkful, an online education site for developers, has revealed that it has been hit with a data breach. “We As soon as we discovered this unauthorized access, we promptly changed the credentials, took additional steps to enhance the security measures we have in place, and initiated a full investigation.”.

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Fintech Finance

NOVEMBER 6, 2024

In fact, 80% of confirmed data breaches globally are related to weak or stolen passwords, so it’s no surprise that the majority of consumers (91%) in Asia Pacific worry about cyber threats.

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Visa APACS Transactions Authentication 82

Payments Source

MAY 22, 2019

Some technology upgrade can leave databases open to the public internet, creating more risk for payment credential exposure and other risks, contends Ameya Talwalkar, co-founder and chief product officer of Cequence Security.

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Breach Credential Database Risk 83

PYMNTS

OCTOBER 12, 2018

FitMetrix , a fitness technology and performance tracking company owned by MINDBODY , has suffered a data breach that could impact 113.5 Bob Diachenko, Hacken ’s director of cyber risk research, revealed the breach was caused by several servers that were left without a password. million users.

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Data Breach Breach Database Credential 67

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.

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Breach Data Breach Authentication Database 68

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.

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Data Breach Breach Credential Phishing 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.”

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Breach Security Credential Compromise 40

Segpay

OCTOBER 22, 2024

High-profile data breaches have made the risks of storing user IDs clear, with victims suffering from identity theft and financial loss. This reduces the risk of breaches and misuse. This significantly reduces the risk of privacy breaches. Additionally, companies that store sensitive data are prime targets for cyberattacks.

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Verification Blockchain Privacy Encryption 83

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.

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Data Breach Breach Identity Theft Compromise 42

PYMNTS

OCTOBER 21, 2016

Weebly said in an email to customers that user IP addresses were also taken in the breach. “We LeakedSource — who first broke the story of the Weebly hack — said it received the Weebly database from an anonymous source and notified Weebly of the breach. million accounts that apparently came from Foursquare via a December 2013 breach.

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Credential Breach Disputes Database 55

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.

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Data Breach Breach Multifactor Authentication Credential 40

PYMNTS

SEPTEMBER 22, 2016

” Yahoo is apparently on the verge of reporting a massive data breach of its service — a giant hack that has exposed the data behind hundreds of millions of user accounts. ” Peace was, by his own admission, selling credentials of 200 million Yahoo users from 2012 on the dark web for just over $1,800.

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Breach Data Breach Credential Adjustments 87

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.

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Breach Third Party Vendors Law Enforcement Credit Union 43

Finovate

JUNE 10, 2024

The company’s platform scans and analyzes data from breaches, devices infected with malware, and the dark web to find employee login credentials that have been exposed. This spring, SpyCloud released its 2024 SpyCloud Identity Exposure Report , which indicated that more than 60% of all data breaches in 2023 were malware related.

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Account Takeovers Credential Cybersecurity Breach 59

PYMNTS

NOVEMBER 3, 2020

He allegedly wrote software to scrape saleable information collected by botnets, particularly banking credentials. He is also accused of verifying stolen credentials and checking balances to ensure worthwhile hacks. Brovko is accused of collaborating with other cybercriminals to sell personal data on the darknet from 2007 through 2019.

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Credential Breach Wires Wire 104

VISTA InfoSec

NOVEMBER 7, 2023

Man-in-the-Middle attacks : Attackers secretly intercept and relay communication between two parties, potentially capturing login credentials. Brute force attacks : Cyber attackers use trial-and-error methods to guess login credentials, exploiting weak passwords. System verification : The system checks the entered credentials.

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Authentication MFA Cybersecurity Credential 130

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.

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Breach Data Breach Credential Credit Cards 87