PYMNTS

AUGUST 16, 2019

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. According to the news outlet, hackers changed the source code of the chatbot via compromised credentials.

Data Breach 84

Data Breach Breach Multifactor Authentication Credential 84

PYMNTS

JUNE 23, 2020

Twitter has issued an apology to its business clients acknowledging that personal information may have been compromised, the BBC reported. The tech company said there’s no evidence billing information was compromised. This is not the first time Twitter has been exposed to a data breach. We’re very sorry this happened.

Data Breach 61

Data Breach Breach Compromise Credit Cards 61

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.

Data Breach 28

Data Breach Credential Compromise Breach 28

VISTA InfoSec

APRIL 5, 2024

The following are some of the consequences when data privacy and security are compromised: Productivity loss. 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.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

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.

Data Breach 63

Data Breach Breach Credential Compromise 63

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.

FBI 130

FBI Breach MFA Cybersecurity 130

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.

Data Breach 42

Data Breach Breach Identity Theft Compromise 42

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.

Credential 86

Credential Digital Payments Payments PayPal 86

Fintech Finance

NOVEMBER 6, 2024

Tighter Security: By offering biometric authentication, payment passkeys eliminate the risk of passwords being stolen or compromised, protecting shoppers from fraud and scams. More Sales: Merchants reduce cases of cart abandonment as they make customer transactions faster, easier and more reliable.

Visa 86

Visa APACS Transactions Authentication 86

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.

Data Breach 40

Data Breach Breach Credential Phishing 40

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?

Credential 67

Credential Breach API Addressing 67

PYMNTS

JULY 24, 2020

In a post on its website, Instacart said its investigation concluded the San Francisco-based company was not compromised. Instead, Instacart said hackers used credential stuffing, a practice in which usernames and passwords stolen from other sites are used to hack into other accounts. “It

Accounts 75

Accounts Compromise Data Breach Phishing 75

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.

Data Breach 40

Data Breach Breach Multifactor Authentication Credential 40

Segpay

OCTOBER 22, 2024

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

Verification 82

Verification Blockchain Privacy Encryption 82

Fintech News

JUNE 10, 2024

Akira affiliates gain initial access by exploiting vulnerabilities, brute-forcing services like Remote Desktop Protocol (RDP), social engineering, and using compromised credentials. Organisations should only collect, process, store, and retain data essential for business, operational, or legal requirements.

Ransomware 96

Ransomware Authorization Phishing Cybersecurity 96

PYMNTS

MAY 6, 2016

Hold discovered the latest breach after finding a Russian hacker bragging about the large number of email credentials he had amassed, as well as his plan to give them away. These credentials can be abused multiple times.” All in, that initially totaled around 1.17 billion records. brokerage R.W.

Compromise 42

Compromise Accounts Request for Comment Credential 42

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. Overall, thanks to the rise in data breaches, merchants and FIs alike are dealing with a steep increase in fraud. Fraud is rampant and thriving.

Identity Theft 63

Identity Theft Data Breach Breach Verification 63

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. It could easily be credential stuffing,” Stuppy said. “It There is no reason to believe that multiple things aren’t going on here.

Breach 87

Breach Data Breach Credential Credit Cards 87

PYMNTS

JUNE 29, 2020

The most popular technique, credential abuse, involves fraudsters using compromised passwords and other login information to gain access to sensitive systems. One 2018 study found that 81 percent of open banking-related breaches were the result of stolen or weak passwords. There were 85.42

MFA 96

MFA Risk Security API 96

PYMNTS

APRIL 14, 2019

According to reports citing Microsoft, the company confirmed that a “limited” number of webmail users — including @msn.com and @hotmail.com — saw their accounts compromised by hackers. It also appears the bad guys didn’t access login credentials including passwords. Microsoft said affected users should change their passwords.

Breach 68

Breach Accounts Credential Compromise 68

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.

Data Breach 40

Data Breach Breach Cybersecurity Credential 40

PYMNTS

JULY 19, 2020

France-based telecom company Orange reported that a ransomware attack had compromised the data of 20 enterprise customers on one of its servers, according to news site teiss. “Affected customers have already been informed by Orange teams, and Orange continues to monitor and investigate this breach.

Ransomware 60

Ransomware Phishing Encryption Data Breach 60

PYMNTS

MAY 2, 2019

Organizations are ramping up cybersecurity investments in response to the ever-climbing threat of data breaches and cyberattacks. But all the money in the world to secure an organization’s back office won’t necessarily help safeguard all company data. million business email compromise scam.

Data Breach 55

Data Breach Third Party Vendors Breach Cybersecurity 55

PYMNTS

JANUARY 27, 2020

Businesses have good reason to be concerned about data breaches. Cybercriminals’ accomplishments come at the expense of targeted businesses, with a recent study finding that individual data breaches cost firms around the globe an average of $3.92 million in 2019 — a 1.5 percent increase from 2018. Fighting the Phishers.

Phishing 99

Phishing Data Breach Breach Fraud Prevention 99

PYMNTS

AUGUST 19, 2019

In the latest Mobile Order-Ahead Tracker , PYMNTS explores the latest developments in the world of QSR rewards programs and how credential stuffing and account takeovers are plaguing the industry. Here are some examples of restaurants and retailers that have bounced back from mobile data breaches and what they are doing to ensure security.

Account Takeovers 63

Account Takeovers Data Breach Bots Credential 63

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.

Technology 56

Technology Data Breach Breach TCH 56

PYMNTS

NOVEMBER 18, 2020

The company confirmed in the post that while its customer’s assets are secure, personal contact information and encrypted passwords might have been compromised in the attack. “We MPC-based and cold storage crypto wallets are secured and were not compromised.”.

Bitcoin 60

Bitcoin Compromise Cryptocurrency NOV 60

PYMNTS

MARCH 29, 2017

XOR Data Exchange , Austin-based data and analytics startup, just recently introduced a new resource for online retailers to fight the account takeovers as the number data breaches that include account login credentials grows. number and types of data breaches associated with any individual customer.

Fraud Prevention 40

Fraud Prevention Account Takeovers Identity Theft Data Breach 40

PYMNTS

JANUARY 25, 2021

They often hack into these consumers’ accounts using passwords stolen from other sites that use the same login credentials, for example. Data breaches, botnet attacks and other forms of external threats are well-known to digital-first banks. Why Digital-First Banks Require Different Defenses For Varied Fraud Threats.

Credential 94

Credential Data Breach Phishing Cybersecurity 94

Fintech News

JANUARY 17, 2024

Digital mule networks exploit this, testing stolen credentials across various banks. Sharing data and insights is vital to fortifying defences against these complex fraud patterns. Jumio highlights how cybercriminals increasingly compromised these methods using information from social media, data breaches, and phishing attacks.

Deepfake 120

Deepfake APACS Scams Authentication 120

PYMNTS

DECEMBER 12, 2018

The company notified its DD Perks rewards account holders that their information might have been compromised by a hacker. Companies like Dunkin’ are not the only victims of a data breach, of course. Companies like Dunkin’ are not the only victims of a data breach, of course.

Data Breach 66

Data Breach Faster Payments Payments Breach 66

PYMNTS

MARCH 24, 2017

Whether a mysterious “crime family” is really out to compromise iCloud and.mac accounts is yet to be seen, but either way the possible extortion of a tech giant is worrisome. The hacker group also claimed that 220 million of these credentials are verified and allow access to iCloud accounts without two-factor authentication measures in place.

Credential 45

Credential Crime Ransomware Data Breach 45

PYMNTS

AUGUST 31, 2017

NBC News reported that the data breach occurred because spammers neglected to secure their servers, allowing the information to be accessed and downloaded without credentials. Just for a sense of scale, that’s almost one address for every single man, woman and child in all of Europe,” Hunt wrote.

Data Breach 51

Data Breach Breach Addressing Cybersecurity 51

PYMNTS

JULY 13, 2020

Bad actors attempting ATOs seek to gain control of victims’ bank accounts without alerting FIs, and they therefore aim to obtain the login credentials necessary to smoothly move through FIs’ authentication measures. Some of these attacks see bots entering random words and numbers, while others involve entering common usernames and passwords.

Credential 58

Credential Bots Authentication Online and Mobile Banking 58

PYMNTS

MAY 31, 2018

The right data can create a profile so precise that algorithms can immediately tell the difference between a legitimate customer and a fraudster who is holding all the right credentials to pose as the person, just by detecting behavioral attributes like cursor movements and clicking habits. Staunching the Data Breach Wound.

ATM 43

ATM Consumer Data Breach Credential 43

PYMNTS

OCTOBER 21, 2020

Companies charged with protecting people’s data lost ground in 2020, after an abysmal 2019 of breathtaking data breaches. This means that even one compromised account could threaten all others that rely on the same credentials, potentially costing victims a fortune in stolen money and data.”.

P2P 56

P2P Security MFA Financial Crimes 56

PYMNTS

FEBRUARY 28, 2020

Failing to prevent a data breach is a surefire way to lose that trust, however. Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. Data Breaches Within And Without. Credit unions are no strangers to data breaches.

Credit Union 52

Credit Union CCPA Data Breach NCUA 52