FICO

JUNE 21, 2019

Want to protect yourself online - and protect your family - from data compromise and identity theft? FICO's Doug Clare, vice president for cybersecurity solutions, offers some advice in this interview with NBC King 5 News in Seattle. It's estimated that half of all data breaches occur through third parties.

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Cybersecurity Identity Theft Data Breach Risk Management 40

FICO

JUNE 21, 2019

Want to protect yourself online – and protect your family – from data compromise and identity theft? FICO’s Doug Clare, vice president for cybersecurity solutions, offers some advice in this interview with NBC King 5 News in Seattle. It’s estimated that half of all data breaches occur through third parties. by FICO.

Cybersecurity 40

Cybersecurity Identity Theft Data Breach Risk Management 40

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.

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Data Breach Breach Identity Theft Debit Card 52

Segpay

FEBRUARY 21, 2024

These tokens are generated for each transaction, reducing the risk of data breaches. Analyzing patterns and anomalies identifies potential risks associated with identity theft or fraudulent activities. This automation accelerates response times, which is crucial in mitigating the impact of security breaches.

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AI Innovation Fraud Detection Encryption 105

PYMNTS

JANUARY 25, 2017

It’s a job seeker’s market when it comes to cybersecurity expertise, according to a new report from employee-employer matching company Indeed, and Apple tops the list of best U.S. corporations seeking to fill cybersecurity roles. Indeed announced today (Jan. 25) its ranking of the 10 best U.S. hit an all-time high last year.

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Cybersecurity Data Breach Identity Theft Federal Reserve 45

FICO

JULY 18, 2017

Data breaches are in the news on an almost daily basis and telecom companies are not immune to attack – indeed, cyber-attacks have led to the loss of almost 50 million customer records in the past 10 years. This rich data set is a honey pot for cybercriminals – particularly those using data to fuel identity theft.

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Cybersecurity Risk Data Breach Breach 45

PYMNTS

MARCH 12, 2018

district court in San Jose, California, ruled late last week that most of a lawsuit concerning Yahoo’s data breach, which exposed 3 billion users’ personal data, can proceed. to get the claims tossed out, including allegations of negligence and breach of contract. According to news from Reuters , U.S. Back in Oct.

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Breach Identity Theft Data Breach Cybersecurity 40

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.

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Identity Theft Data Breach Breach Verification 63

The Paypers

DECEMBER 17, 2020

Money has unveiled the launch of a new tool which aims to increase cybersecurity awareness and protect users from identity theft.

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Data Breach Identity Theft Breach Cybersecurity 28

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.

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The Fintech Times

MAY 17, 2024

Overall, 68 per cent of respondents either know or suspect that they’ve been a victim of online fraud or identity theft, or that they know someone who has been affected. Finding a solution Identity verification is a key part of the solution for companies looking to secure themselves and ensure that their users are genuine.

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Deepfake Identity Theft Consumer Verification 69

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

MAY 1, 2018

Kaspersky Lab , the cybersecurity company, revealed in a new survey on Tuesday (May 1) that 81 percent of Americans and 72 percent of Canadians are stressed out about the recent rash of data breaches. With no way to gain control, the very idea of cybersecurity becomes completely overwhelming.

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Data Breach Breach Cybersecurity Consumer 43

VISTA InfoSec

JULY 5, 2023

Adherence to these regulations is paramount for safeguarding sensitive patient information from data breaches and cyber attacks. With the proliferation of people paying hospital bills and health insurance using credit and debit cards, the risk of identity theft has also augmented exponentially! million people. The PCI DSS v4.0

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Fintech News

JANUARY 17, 2024

The battle against fraud and identity theft has taken on new dimensions and complexities in today’s increasingly digital world. This article will delve into the key trends shaping the fraud and identity landscape 2024, drawing insights from various sources, including SumSub, LexisNexis Risk Solution, Feedzai and Jumio.

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Clearly Payments

MARCH 4, 2024

From large-scale data breaches to intricate schemes, fraudulent activities have left lasting marks on the financial landscape. Target Data Breach (2013) In the saga of payment processing fraud, few chapters loom as large as the Target data breach of 2013. Elevated awareness of phishing scams and cybersecurity threats.

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Phishing Data Breach Law Enforcement Money Laundering 59

PYMNTS

FEBRUARY 21, 2018

Madhu said that the future lies in the fact that “more regulations are going to force the banks to disclose these types of things,” noting legislation in Congress that will set in place punishments for FIs that breach an individual’s PII.

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PYMNTS

JANUARY 24, 2017

According to a report highlighting findings from the Identity Theft Resource Center and CyberScout, data breaches in the U.S. The financial services industry accounted for only 52 of the breaches tracked, or 4.8 Some 64 percent of all data breaches involve identity and personal data theft.

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Data Breach Breach Identity Theft Phishing 40

PYMNTS

AUGUST 25, 2016

As the list of retailers and service providers breached by hackers seems to be ever-growing, it seems the organizations that suffer at the hands of data thieves have a related but separate problem to worry about. Customers are watching and making decisions about where to shop based on security questions more than they ever have.

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Breach Consumer Identity Theft Compromise 40

PYMNTS

JUNE 14, 2018

Identity theft is an unfortunately reality for more consumers as data breaches continue to rock the market. Research from Auriemma Consulting Group estimates that identity theft has cost banks at least $6 billion, and cost consumers $58.9 But individual consumers aren’t the only victims of identity theft.

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PYMNTS

SEPTEMBER 4, 2017

Charter said the information was removed right after it was discovered and the cybersecurity incident is being looking into. The report noted the breach was found to be linked to BroadSoft, which developed the My TWC app. In an interview with the New York Post , he said, “It’s the biggest data breach in the history of the world.”.

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Identity Theft Data Breach Breach Cybersecurity 43

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

JANUARY 23, 2020

billion consumer accounts fell victim to data breaches during the first half of 2019 — to the tune of $4 million in lost revenue per breach. More than 90 percent of Americans have fallen victim to online scams, data breaches, identity theft or other forms of fraud, though certain varieties are more common than others.

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Phishing Data Breach Breach Scams 64

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. America’s Data Breach Problem. SEC Keeps An Eye On Yahoo.

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Data Breach Breach Security Risk 71

PYMNTS

OCTOBER 30, 2018

Corporate cybersecurity is an ever-increasing focus of government entities, with the U.S. Late last week, the FTC rolled out a series of informational resources for nonprofits and small businesses (SMBs) to heighten awareness and understanding of cybersecurity threats and how to mitigate them.

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FTC Cybersecurity Small Business Federal Trade Commission 73

PYMNTS

MAY 21, 2020

Identity theft is also a constant fraud threat, with the Federal Trade Commission (FTC) stating that more than 650,57o cases of identity theft were reported in 2019. million total fraud incidents last year, and also set a new record for the highest amount of identity theft cases in any year in history.

Financial Crimes 52

Financial Crimes Crime Identity Theft Federal Trade Commission 52

PYMNTS

JANUARY 8, 2019

Luxury department stores like Saks Fifth Avenue , for instance, are still recovering from data breaches that exposed a significant amount of customer data, while others, such as Neiman Marcus , are constantly working to upgrade their fraud protections to counter the efforts of bad actors. Around The Digital Fraud World. Last year, the U.S.

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Identity Theft AI FBI Data Breach 66

VISTA InfoSec

MAY 28, 2024

Here’s what the numbers are telling us: 73% of US consumers are worried about data safety, especially the risk of identity theft and misuse of data. Cybersecurity is the foundation. Always keep updated records of all access requests, compliance issues, data breaches, and actions taken to fix the issues.

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Privacy Regulations Legal AI 130

Seon

JANUARY 29, 2024

It is also considered a form of identity theft, because it happens when someone logs into an account that isn’t theirs to exploit it. In the worst-case scenario, stocks can even plummet after a publicized breach. This could be accidental, or more sophisticated, for example following a mass phishing email campaign.

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Account Takeovers Accounts Fraud Prevention Fraud Detection 52

Stax

JULY 16, 2024

Compliance with PCI Data Security Standard regulations prevents shortcomings and vulnerabilities in payment processing, thereby reducing the risk of fraud, identity theft, and cyberattacks. Before 2004, credit card companies had their own set of rules for cybersecurity. This is why PCI DSS compliance is critical.

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PCI DSS Compliance Credit Cards Encryption 88

FICO

MARCH 6, 2017

Criminals are looking to gain financially in three main ways: Data breaches to feed identity theft. Third-party fraud is fuelled by identity theft, and breached data gives criminals the information they need to take over someone’s identity. Cyber-attacks with financial demands.

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Identity Theft Breach Data Breach Phishing 65

PYMNTS

MARCH 29, 2019

Close to 1 billion email accounts were leaked by a marketing company in what some researchers are calling the “biggest and most comprehensive email database” breach ever. Cybersecurity expert Bob Diachenko discovered the breach and contacted the Verifications.io The info did not contain passwords or credit card details.

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Database Accounts Breach Phishing 74

PYMNTS

NOVEMBER 27, 2018

She added that policymakers have designed corporate cybersecurity penalties with large enterprises in mind, with some states requiring up to $2,500 in fines for each exposed customer record, even if the business is not shown to be at fault. “They don’t have the funds to hire a person with that kind of training.”.

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Research Identity Theft Small Business Cybersecurity 75

Payment Savvy

DECEMBER 3, 2020

It’s why cybersecurity is important to all businesses, no matter the size. Cyber frauds can take place in several forms, including: Identity theft is when an attacker gets personal information about an individual and uses it to commit fraud without their consent. Understand the Different Cyber Frauds.

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Encryption Data Encryption Identity Theft Cybersecurity 52

PYMNTS

MAY 4, 2020

Rise in Phishing Attacks and Data Breaches. Some 1,473 breaches revealed 164.7 million sensitive records in 2019, with the financial services industry accounting for only approximately 7 percent of incidents but more than 60 percent of breached records, according to the San Diego-based Identity Theft Resource Center.

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Phishing Credit Union Breach Data Breach 56

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. 1,093 data breaches hit entities in the U.S. 1,093 data breaches hit entities in the U.S.

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Data Security Government Governance Data Breach 54

FICO

DECEMBER 19, 2016

In the world of cybersecurity, 2016 was a banner year – and not in a good way. The good news is that businesses and consumers are also much more aware of cyber threats than they were 12 months ago, and that’s the jumping off point of my cybersecurity predictions for 2017. Consumers will care a lot more about their own cybersecurity.

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Office of the Comptroller of the Currency Cybersecurity Identity Theft Compromise 82