PYMNTS

DECEMBER 20, 2018

The French Data Protection Authority said Thursday (Dec. 20) that it fined Uber $460,000 over its 2016 data breach that exposed the data on 57 million customers and drivers across the world. Uber paid hackers to hide the breach for about a year before it was disclosed. fined the ride-hailing company $490,760.

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Data Breach Breach Authorization Privacy 77

PYMNTS

DECEMBER 31, 2018

So far this year (and there’s still one more day), Verizon reported that there have been 2,216 confirmed data breaches across 65 countries. Even more disturbing, perhaps, is that 68 percent of those breaches took months for the breached companies to discover. According to early reports, the data breach impacted 0.5

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Data Breach Breach Database Compromise 92

Payments Source

JULY 14, 2019

Almost two years after the Equifax breach led to a congressional uproar but minimal policy change, the protracted fight to enact data security and privacy reform has a new bogeyman.

Privacy 87

Privacy Data Security Breach Security 87

PYMNTS

JANUARY 25, 2019

25), the DPC said it was again looking into the social media giant because of another breach notification it received from the company, according to a report from Reuters. The DPC has this week opened a new statutory inquiry into the latest data breach it received from Twitter on 8 January, 2019,” the Commission said on its website.

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Data Breach Breach Privacy Audit 76

PYMNTS

SEPTEMBER 26, 2018

in which Uber will pay $148 million to resolve allegations that it violated state laws pertaining to data breach reporting. In a press release , the two AGs said the settlement also covers charges that Uber violated reasonable data security laws with its 2016 breach of driver and customer information.

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Data Breach Breach Law Enforcement Settlement 69

PYMNTS

OCTOBER 17, 2018

17) that it has partnered with TokenEx for data security. In a press release , the companies said Bluefin and TokenEx will provide their platform security technologies to each company’s client base, including Bluefin’s PCI-validated P2PE solution for TokenEx clients and TokenEx’s cloud tokenization solution for Bluefin clients.

Data Security 62

Data Security Security Data Breach Encryption 62

Fintech Finance

NOVEMBER 28, 2024

This goes beyond current methods of managing sensitive information for individuals and organizations, ensuring data recovery without compromising privacy. “We The launch of sAxess represents a seismic shift in how we approach data security and digital asset management,” said Farsh Fallah, COO of Serenity.

Security 116

Security Transactions NFTs Blockchain 116

PYMNTS

JANUARY 30, 2020

A breach of India’s SpiceJet, one of the country’s biggest independent airlines, exposed the data of more than a million passengers, per a report on Thursday (Jan. 30), citing a security researcher. The breach was supposedly discovered via white-hat or ethical hacking , the security researcher said.

Breach 80

Breach Correspondent Research Database 80

VISTA InfoSec

JUNE 3, 2024

This rule, which started on May 25, 2018, gives customers more control over their data and makes data collection and use more transparent. A big part of the GDPR is protecting people’s privacy and data from unauthorized access. PCI PIN and PCI DSS: Standards for securing payment card data.

MFA 130

MFA Credential PCI DSS Compliance 130

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

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.

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Data Security Encryption Security Data Breach 58

VISTA InfoSec

JULY 5, 2023

Data security has become an essential aspect of our lives and is more crucial than ever before. In the healthcare industry, organizations are entrusted with a plethora of sensitive information, including PHI, PII, and financial data. What is data security in healthcare? million between May 2020 and March 2021.

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PCI DSS Compliance Data Breach Breach 130

PYMNTS

JANUARY 25, 2019

The activity reported arises from customers using the same usernames and passwords on multiple online accounts and those details being involved in a data breach on another platform, not on Deliveroo,” a Deliveroo spokesperson said. “As

Data Security 71

Data Security Posting Security Data Breach 71

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

PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018.

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CCPA Laws Privacy Data Breach 62

PYMNTS

APRIL 26, 2018

is only weeks away from bringing its Global Data Protection Regulation (GDPR) rules into effect, and corporates are ill-prepared for the data security requirements, according to new research. businesses is the data breach notification requirement. “In businesses is the data breach notification requirement. “In

Data Breach 59

Data Breach Breach Compliance Rules 59

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

VISTA InfoSec

APRIL 12, 2024

Businesses deploy proxy servers to monitor and regulate their employees’ internet usage, ensuring data security and blocking access to harmful sites. Proxies also assist in complying with data protection regulations by anonymizing data and managing access to geolocation-specific content.

Cybersecurity 130

Cybersecurity Best Practices Encryption Privacy 130

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.

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Breach Data Breach Settlement Payments 63

PYMNTS

APRIL 12, 2019

The General Data Protection Regulation (GDPR) represented a new phase in data security and EU regulators’ approach to it. Nearly one year since GDPR came into effect, there remain uncertainties about issues like accountability in cases of data breaches at data sharing partners. A Global Framework.

Cybersecurity 77

Cybersecurity Data Breach Breach Legal Framework 77

PYMNTS

OCTOBER 5, 2018

Facebook-owned Instagram reportedly is testing a new privacy setting that could lead to more targeted ads directed at consumers. The new privacy setting would enable Instagram to share users’ location history with Facebook. Facebook, meanwhile, is dealing with more questions and concerns about security and data.

Privacy 60

Privacy Data Breach Compromise Breach 60

VISTA InfoSec

SEPTEMBER 14, 2023

If your business engages with these customers, it is subject to the EU’s General Data Protection Regulation (GDPR). This extensive data privacy regulation has an impact on many U.S. million) by Luxembourg’s National Commission for Data Protection (NCDP). Data Controller Classification: This implies that any U.S.

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Compliance Privacy Processors Legal 130

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

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Data Breach Breach Regulations NOV 53

PYMNTS

NOVEMBER 6, 2018

The standards put forth by the PCI Security Standards Council – the PCI Data Security Standards – offer a framework for ensuring data security, and they must be followed in order to avoid fines and other penalties.

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PCI DSS Privacy Breach Irrevocability 71

PYMNTS

MARCH 18, 2019

The Conference of State Bank Supervisors (CSBC) said last week that there should be a “floor” for data privacy and security regulations, a statement issued by the Senate Committee on Banking, Housing and Urban Affairs. He pointed to the recent enactment of the California Consumer Privacy Act of 2018 as an example.

Privacy 49

Privacy Regs Identity Theft Data Breach 49

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.

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

PYMNTS

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018.

CCPA 52

CCPA Laws Privacy Data Breach 52

The Fintech Times

FEBRUARY 22, 2024

Alexis Alexander , chief legal and compliance officer, Liberis explores how to employ a considered and educational approach to data privacy including traditional practices, while also accepting that there are additional considerations when it comes to embedded finance. One area to consider carefully is data privacy.

Embedded Finance 59

Embedded Finance Privacy Risk Finance 59

Fintech Review

FEBRUARY 13, 2024

As services transition online, consumers face new risks, including data breaches, online fraud, and exposure to unfair practices. It’s crucial for regulators to enforce stringent standards for data security and privacy to ensure consumer protection.

Consumer Protection 105

Consumer Protection Innovation Consumer FinTech 105

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. Despite this, though, data security seems to be lagging.

Breach 41

Breach Data Breach Encryption Data Security 41

Payments Source

JULY 23, 2020

The Federal Financial Institutions Examination Council is best suited to craft uniform policies to protect consumer data. A patchwork of state rules is cumbersome.

Privacy 88

Privacy Rules Consumer FFIEC 88

Payments Source

AUGUST 23, 2018

Due to all the data breaches and privacy mishaps, there is now a strong demand for a better, more secure solution for digital transactions, writes Mick Hagen, CEO of Mainframe.

Data Breach 76

Data Breach Risk Privacy Breach 76

CB Insights

MARCH 27, 2019

Already this year, at least 30 organizations — including coffee chain Dunkin’ and cloud provider Rubrik — experienced major data breaches. Read our future of data security report for more on this topic. ). Cybersecurity is a hot topic today. Most recently, Dow Jones saw over 2.4M

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

PYMNTS

MARCH 25, 2019

A large-scale, IoT-based breach has yet to occur, but the seeds are already sprouting. Thus, IoT security is becoming an essential part of modern conversations. Department of Homeland Security (DHS) and data security and privacy practice chair of D.C.

Security 82

Security Privacy Regulations Cybersecurity 82

PYMNTS

MAY 22, 2020

Arkansas, Colorado, Illinois and Ohio have warned tens of thousands of residents who have applied online for unemployment benefits due to COVID-19 of possible data breaches that could have exposed names, addresses and Social Security numbers. Protech Solutions Inc.,

Data Breach 53

Data Breach Breach Request for Comment Social Security 53

PYMNTS

SEPTEMBER 17, 2018

Altaba also said it settled the lawsuits over the Yahoo data breach , incurring $47 million in litigation expenses. In a Securities and Exchange Commission (SEC) filing , Altaba said the sale was structured as an “accelerated bookbuild offering” or “ABO,” culminating in the sale of $4.3

Data Breach 63

Data Breach Breach Agreements Authorization 63

Stax

NOVEMBER 6, 2023

Loss, corruption, improper use, and unwanted access to a company’s data assets can lead to immense negative publicity, which in turn can cause irreparable reputation damage, fines, sanctions, and loss of profits. Moreover, companies need to follow data privacy and compliance requirements to stay in business.

Encryption 88

Encryption PCI DSS Data Security Origination 88