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.

Data Breach 50

Data Breach Breach Database Credit Cards 50

PYMNTS

SEPTEMBER 13, 2017

Last week , Equifax disclosed a data breach that could impact 143 million consumers. The information includes names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers, though the company also reported U.S. 209,000 | Credit card numbers possibly gathered by Equifax hackers.

Data Breach 53

Data Breach Breach Disputes Social Security 53

PYMNTS

FEBRUARY 1, 2019

The Aadhaar number — a sort of 12-digit confidential Social Security number — was accessible as a file name with the person’s photo. While not completely secret, Aadhaar numbers can be used to verify identities for citizens who want social services, or to do even more everyday tasks, like call an Uber or rent an Airbnb.

Compromise 40

Compromise Breach Database Social Security 40

PYMNTS

NOVEMBER 7, 2019

At least 12 Capital One cybersecurity employees have exited since the breach due to security issues left hanging by Johnson and other executives, sources told the WSJ. Capital One employees raised red flags over security risks before the company suffered a massive data breach.

Data Breach 40

Data Breach Breach Security FBI 40

VISTA InfoSec

JULY 5, 2023

Adherence to these regulations is paramount for safeguarding sensitive patient information from data breaches and cyber attacks. From March 2021 to March 2022, the average cost of a data breach in healthcare was over $10 million, up from $9.23 Thus, protecting EHRs is crucial to avoid data breaches from hackers. million people.

PCI DSS 130

PCI DSS Compliance Data Breach Breach 130

PYMNTS

MARCH 1, 2018

Equifax , the credit scoring company embroiled in a 2017 data breach scandal, disclosed news on Thursday (March 1) that has identified 2.4 million more consumers in the U.S. whose partial driver’s license information was stolen. In a press release , Equifax said it was able to pinpoint about 2.4

Data Breach 41

Data Breach Breach Social Security Database 41

PYMNTS

MAY 19, 2020

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. Meanwhile, BlockFi suffered a “temporary data breach” on May 14 that exposed some customer information, the company reported in an incident report.

Digital Currency 59

Digital Currency Data Breach eWallet Database 59

PYMNTS

AUGUST 16, 2019

Capital One employees raised red flags over security risks before the company suffered a massive data breach. The alleged hacker, Paige Thompson, was a former employee of Amazon Web Services, which hosted the Capital One database that was breached. “We

Caps 67

Caps Security Cybersecurity Breach 67

PYMNTS

DECEMBER 31, 2019

Welcome, then, to the Top Data Breaches of 2019. Thousands of breaches. In data coming into the end of the year, Risk Based Security said hackers had accessed 7.9 In data coming into the end of the year, Risk Based Security said hackers had accessed 7.9 We can slice and dice the breaches in any number of ways.

Data Breach 58

Data Breach Breach Social Security Compromise 58

PYMNTS

JULY 4, 2018

Following the massive data breach at Equifax last year, the cybersecurity sector has flourished – and so have some of the investments that track the industry. The ETFMG Prime Cyber Security ETF, for example, has risen 18 percent this year, CNBC reported. The fund includes companies such as Juniper Networks , Cisco and Symantec.

Cybersecurity 76

Cybersecurity Data Breach Breach Disputes 76

PYMNTS

APRIL 5, 2018

According to Reuters , the suit alleges that the credit reporting firm failed to protect its databases or provide prompt notice of the massive data breach that exposed the personal data of 147 million people. The breach resulted in several lawsuits filed against Equifax, including one by Massachusetts Attorney General Maura Healey.

Federal Trade Commission 43

Federal Trade Commission Request for Comment Breach Data Breach 43

PYMNTS

AUGUST 1, 2019

Although the investigation came around at the same time a Seattle woman hacked a database of credit-card issuer Capital One Financial that was stored on the eCommerce giant’s cloud server, examiners were reportedly not aware of the breach when they visited Amazon’s Virginia facility.

Regulations 43

Regulations Federal Reserve Database Card Issuer 43

PYMNTS

JUNE 15, 2018

Technical and non-technical professionals within an organization that adopts ALTR’s offerings, the firm has said, will be on the same page when it comes to data security, and who has access to what information, and at what time. One overarching theme is proactivity, where reactive scrambling had once been the norm in the wake of a breach.

Blockchain 43

Blockchain Security Database Social Security 43

PYMNTS

JANUARY 24, 2019

A server running an Elasticsearch database contained sensitive data from as far back as 2008 that included loan and mortgage agreements, repayment schedules and other financial and tax documents. The database, which is believed to have been exposed for two weeks, was discovered by independent security researcher Bob Diachenko.

Law Enforcement 62

Law Enforcement Social Security Database Agreements 62

Stax

NOVEMBER 27, 2023

Of course, financial criminal activity doesn’t have to just lead to monetary loss—it could also lead to a data breach of customer information. This includes their name, date of birth, address, and identification number (such as a social security number). trillion a year. This legal requirement was codified into U.S.

Due Diligence 88

Due Diligence Money Laundering AML Financial Crimes 88

PYMNTS

JUNE 20, 2019

That convenience comes at a price, though: the risk of not only insurance fraud, but regulatory violations and data breaches, which can expose the most personal information about millions of consumers, as well as leave healthcare providers and retailers at risk for ruined reputations and ruinous lawsuits.

Authentication 55

Authentication Breach Law Enforcement Data Breach 55

PYMNTS

NOVEMBER 12, 2019

consumers had their PII compromised in 2018 alone, and half of all consumers can find their birthdates, passwords, credit card details or even their Social Security numbers floating on the dark web. Half also have more faith in finance to be best prepared to deal with a data breach. Too Much Data .

AI 40

AI Compromise Breach On-Demand 40

PYMNTS

DECEMBER 3, 2018

A consumer who tries to make an online purchase of eCigarettes might be asked to prove their age by — depending on the retailer — submitting a scan of their driver’s license, for instance, or entering the last four digits of their social security number, with that merchant then doing a background check.

Authentication 70

Authentication Privacy Checks AI 70

PYMNTS

SEPTEMBER 18, 2017

Venmo launched a debit card powered by Shift Financial, Equifax tried to shift some blame for its horrific breach and Nordstrom decided to transition to a store design without inventory. Specifically, they claim it was a weakness in open-source database software developed by Apache Software Foundation. “My Venmo’s New Debit Groove.

Venmo 46

Venmo Debit Card Online and Mobile Banking Breach 46

PYMNTS

NOVEMBER 11, 2019

businesses are constantly battling to stay ahead of fraudsters, and 80 percent of IT business leaders expect cyberattacks or critical breaches to occur on their watches within the year. The former refers to information kept in businesses’ databases that has readily discernible meaning.

AI 46

AI Compromise Breach Assessments 46

PYMNTS

AUGUST 15, 2019

In the days before eCommerce, before data breaches grabbed everything from Social Security numbers to passwords, before fraudsters began to craft synthetic identities, strong customer authentication was rather simple. These data points, he said, fall under the designation of static PII.

Authentication 53

Authentication Compromise Addressing Regulations 53

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. Instead, each sensitive PII item is encrypted with a newly generated key, and the key is stored in a hardware security module (HSM).

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

Stax

NOVEMBER 6, 2023

With payment tokenization, the actual credit card data isn’t stored thereby making digital payment transactions more secure. Besides the enhanced data security, other benefits include reduced risk of breaches, easier regulatory compliance, and compatibility with legacy systems.

Encryption 88

Encryption PCI DSS Data Security Origination 88

PYMNTS

SEPTEMBER 28, 2017

But in the world of identification fraud, there’s a greater sea change afoot, one that stretches farther than the impact on any one firm, or even the millions of adults targeted in the most brazen of breaches. This estimate was made well before the costs of the Equifax breach, though, so plan on the actual figure being quite a bit higher.

Enrollments 43

Enrollments Breach Fraud Detection Social Security 43

PYMNTS

AUGUST 24, 2016

Typically, this begins with hackers gaining access to stolen credentials through the types of massive data breaches that have made headlines in recent years. In the cyberfraud area, Reitblat noted, hackers and fraudsters work together across a multitude of platforms that actually make it easier for them to conduct their business.

Credential 41

Credential Bitcoin Law Enforcement Database 41

PYMNTS

SEPTEMBER 15, 2017

The New York Post cited two sources with direct knowledge of the panel’s thinking, saying that while it had been just been focusing on traditional national security issues, it has now shifted its focus to foreign threats of identity fraud and data theft. as well as the credit card numbers of approximately 209,000 people.

Data Breach 51

Data Breach Breach Social Security Database 51

PYMNTS

JULY 23, 2018

Everything’s fair game, it seems, from names and Social Security numbers (SSNs) to account data, and even info gleaned off social profiles (more on this in a minute). Equifax may have its place as a watershed hack in the annals of data breaches , but it stands as only one of many. As many as 1.5 Don’t Look To The Law.

Social Security 41

Social Security Breach Data Breach Debit Card 41