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

PYMNTS

APRIL 24, 2019

Consumers often repeat passwords across sites, the firm noted, and fraudsters use a technique known as credential stuffing — wherein they’ve taken email addresses and passwords gleaned in other attacks, and used them to brute force their way into customers’ Chipotle accounts. It could easily be credential stuffing. So, what’s going on?

Credential 67

Credential Breach API Addressing 67

VISTA InfoSec

JUNE 27, 2024

Upon investigation, it was revealed that personal information such as student names, addresses, dates of birth, and potentially other sensitive details had been compromised. Conclusion The ramifications of this breach extend beyond immediate security concerns.

FBI 130

FBI Breach MFA Cybersecurity 130

PYMNTS

JANUARY 14, 2020

In financial services, demand for ease of use and security are sky-high, even for business customers. But for many service providers, achieving one can often mean compromising the other. Greater Security Without Compromising UX. A Regulatory Minefield.

Security 101

Security PCI DSS Compromise Service Provider 101

PYMNTS

DECEMBER 17, 2019

An unidentified group is reportedly putting much effort into a complicated scam to steal the login credentials of government personnel. The victim is then offered a choice of logging in through email credentials from providers such as Google, Microsoft and Yahoo. Anomali, a security firm, says it has found bogus websites of the U.S.,

Credential 40

Credential Scams Email Compromise Business Email Compromise 40

PYMNTS

APRIL 26, 2019

A P2P (peer-to-peer) technology ingrained in millions of IoT ( Internet of Things ) devices, including security cameras, smart doorbells, baby monitors and video recorders, has many security flaws that allow them to be compromised easily, exposing users to dangers from eavesdropping, credential theft and takeovers from remote locations.

P2P 75

P2P Security Compromise Credential 75

PYMNTS

SEPTEMBER 15, 2016

Patent and Trademark Office for security risk detection technology. The patent covers methods and systems to map risks arising from credentials, especially privileged credentials, present on machines in the network that, once compromised, enable attackers to access and compromise other machines in the network.

Risk 68

Risk Security Technology Credential 68

PYMNTS

JUNE 6, 2019

Security experts are warning about a phishing scam that can help hackers bypass two-factor authentication (2FA). The attack was demonstrated for the first time at the Hack in the Box Security Conference in Amsterdam last month, according to Fortune.

Scams 58

Scams Credential Security Phishing 58

PYMNTS

OCTOBER 27, 2017

Hackers look for ways to best monetize the computers they compromise. Traditional avenues include stealing bank account credentials to sell on the dark web or installing destructive malware software. Their new tactic is injecting code that generates bitcoin onto cloud-computing servers and compromised websites.

Compromise 53

Compromise Bitcoin Cryptocurrency Credential 53

PYMNTS

NOVEMBER 2, 2020

Securities and Exchange Commission (SEC) Chairman Jay Clayton said corporate America needs to be more proactive about cybersecurity, warning that the threat of cyberattacks will continue, CNBC reported. Speaking on CNBC's “Power Lunch,” Clayton said cybersecurity risks compounded on the pandemic and the U.S. presidential election.

Cybersecurity 84

Cybersecurity Credential Compromise Ransomware 84

The Fintech Times

MAY 9, 2024

By leveraging generative AI Visa’s VAAI Score identifies the likelihood of complex enumeration attacks in real-time to help reduce fraud without compromising the integrity of Visa’s performance and accuracy. ” At Visa, security and reliability are top priorities year-round. .”

AI 111

AI CVV2 Issuers Compromise 111

Fintech News

AUGUST 19, 2024

These scams involved pop-up alerts on victims’ devices, falsely claiming they were compromised by malware. Between January and July 2024, the SPF received 185 reports of technical support scams, resulting in losses exceeding S$ 17.9 The criminal proceeds generated by this tech-support scam were laundered through Hong Kong.

Scams 114

Scams Money Laundering Cross-Border Phishing 114

Fintech News

MAY 8, 2024

Visa has invested over US$10 billion in the past five years, aimed at enhancing network security and reducing fraud risks. Michael Jabbara “With access to advanced technology, fraudsters are monetising stolen credentials faster than ever before. said Michael Jabbara, SVP Global Head of Fraud Services, at Visa.

Bots 109

Bots AI Issuers Fraud Prevention 109

PYMNTS

MAY 6, 2016

The remaining accounts came from the expected international sources — Google, Microsoft and Yahoo — noted Alex Holden, founder and chief information security officer of Hold Security. 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

Fintech News

MAY 21, 2024

The scammer claimed that her computer had been hacked and that her bank accounts might have been compromised. To prevent such incidents, the public should use the ScamShield app and enable security features like Two-Factor Authentication (2FA). She called the number and spoke with a scammer posing as a Microsoft support agent.

Scams 100

Scams Funds Transfer Credential Compromise 100

PYMNTS

AUGUST 20, 2019

Apple Card, a new kind of credit card created by Apple, is being applauded by Mastercard for its enhanced security, simplicity, transparency and privacy, CNBC reported on Tuesday (Aug. The no-fee card offers increased security while encouraging customers to pay less interest with an easy-to-understand view of spending. .

Visa 55

Visa Security Credit Cards Credential 55

PYMNTS

AUGUST 19, 2019

Connected floor-cleaning robots may save residents lost time — and back aches — but they may be more trouble than they’re worth if they’re not secure. This means they need to be secured against the malware and other threats present at the time of manufacturing as well as those that may be developed long after the products are released.

Risk 51

Risk Security Compromise Credential 51

PYMNTS

OCTOBER 26, 2016

From Wi-Fi hotspots to printers, unsecured routers to digital video recorders — connected devices can be vulnerable to hacks and, when compromised, are being used by hackers to launch significant distributed denial-of-service (DDoS) attacks. to provide additional layers of security. Going Beyond PCI.

Payment Security 81

Payment Security Security Identity Theft Compromise 81

PYMNTS

AUGUST 16, 2019

Capital One employees raised red flags over security risks before the company suffered a massive data breach. Capital One stressed that credit card account numbers and login credentials were not compromised, while more than 99 percent of Social Security numbers were not impacted.

Caps 67

Caps Security Cybersecurity Breach 67

PYMNTS

JUNE 21, 2016

Computer manufacturer Acer announced that hackers may have stolen the payment credentials of thousands of its customers. The company notes that the credentials may have been breached by a third party between the dates of May 12, 2015 and April 28, 2016. Canada and Puerto Rico, according to a letter from the company.

Compromise 42

Compromise Identity Theft Federal Trade Commission Credential 42

PYMNTS

JANUARY 16, 2020

The business email compromise (BEC) scam is a cybersecurity threat to businesses of all sizes, and the financial and security implications of a successful attack aren’t isolated to its target. Electronic payment technologies, too, are increasingly focused on security and fraud mitigation efforts.

Business Email Compromise 44

Business Email Compromise Security Scams Email Compromise 44

PYMNTS

JULY 15, 2020

As many as 40,000 SAP users could be affected, according to data from security firm Onapsis. If those systems are also compromised, ARN reported that the attacks could access their credentials as well. The flaw can be exploited remotely, ARN reported, without the need for a username or password.

Breach 56

Breach Security Payment Gateways Credential 56

Fintech News

MARCH 25, 2024

However, this surge is being accompanied by a dramatic growth in mobile banking malware, as threat actors increasingly turn their focus on mobile banking applications for illicit financial gain, a new report by mobile security company Zimperium says. Hook is a type of malicious software specifically designed to target mobile banking apps.

Mobile Banking 114

Mobile Banking Online and Mobile Banking Identity Theft Credential 114

PYMNTS

MAY 8, 2020

Building that experience properly, he noted, means allowing consumers to create accounts with stored credentials and data — because to build a competitive digital service means building one that works smoothly, not one that consumers have to continually relog into. But we are seeing in our data it’s also growth,” he said.

Security 97

Security Account Takeovers Credential Compromise 97

Clearly Payments

JANUARY 12, 2024

Isolate and Secure the Affected System Immediately isolate any compromised systems or payment terminals to prevent further unauthorized access. Change passwords and access credentials for the affected systems to prevent continued unauthorized activity. Implementing robust security measures is another essential step.

Credit Cards 88

Credit Cards Law Enforcement Card Issuer PCI DSS 88

Fintech News

JUNE 10, 2024

The Cyber Security Agency of Singapore (CSA), the Singapore Police Force (SPF) , and the Personal Data Protection Commission (PDPC) have issued a warning to organisations about the Akira ransomware variant, which has been targeting businesses across various sectors. They also gather system and network information to further their attacks.

Ransomware 101

Ransomware Authorization Phishing Cybersecurity 101

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

FEBRUARY 1, 2021

40 legitimate email accounts of company executives have been compromised in a phishing campaign targeting businesses , according to Gov Info Security reports. Cybercriminals are using the tactic to steal company credentials, including executive email addresses, which are then sold on the dark web.

Data Breach 136

Data Breach Breach Business Email Compromise Scams 136

PYMNTS

NOVEMBER 25, 2020

The SEC warned in October that cyberattacks on corporations had been increasing, and businesses were advised to include multi-factor authentication to prevent credential compromises. Work-from-home culture has also led to increased concern for security issues, PYMNTS reported at the beginning of the global pandemic.

Cybersecurity 121

Cybersecurity Credential Compromise Authentication 121

PYMNTS

AUGUST 21, 2019

Along with the growing popularity of IoT devices, from fitness wearables to smart fridges, comes increased security and privacy issues. The latest Intelligence of Things (IoT) Tracker details how these concerns are driving providers to develop new security approaches. Who’s Responsible for Smart Device Security?

Security 66

Security Data Breach Encryption Breach 66

PYMNTS

SEPTEMBER 30, 2016

You don’t have to look far to see security flaws leading to massive data breaches. Security experts believe that may be what happened to Yahoo — the tech giant confirmed that over 500 million user accounts were compromised by hackers, marking what is said to be the largest data breach in U.S.

Security 76

Security Breach Data Breach Cybersecurity 76

PYMNTS

DECEMBER 27, 2020

a security firm, on Thursday said its unidentified software vendor had been comprised and hackers used the access try to read Crowdstrike’s internal email, Reuters reported. We have not identified any vulnerabilities or compromise of Microsoft product or cloud services.”. The suspected Russian hackers who penetrated important U.S.

Credential 84

Credential Compromise Treasury Breach 84

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

NOVEMBER 7, 2019

Capital One ’s chief information security officer (CISO), Michael Johnson, is being transferred to a new position following the bank’s colossal cyberattack in July, The Wall Street Journal (WSJ) reported Thursday (Nov. 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

PYMNTS

NOVEMBER 16, 2020

The risk of fraud continues to climb for organizations of all sizes as the latest data reveals third-quarter spikes in business email compromise and ransomware scams. Securities and Exchange Commission issues a dire fraud warning. Securities and Exchange Commission issues a dire fraud warning.

Business Email Compromise 96

Business Email Compromise Scams Ransomware Email Compromise 96

PYMNTS

NOVEMBER 30, 2020

Securities and Exchange Commission (SEC) Chairman Jay Clayton , speaking on CNBC , said businesses need to be more aware of the threats posed to their companies from attacks. The accounts could also be used for blackmail, and intruders could be used to undermine email-based two-factor authentication, the Engadget report says.

Business Email Compromise 116

Business Email Compromise Addressing Scams Ransomware 116

PYMNTS

AUGUST 24, 2020

This week's B2B Data Digest looks at the rising threat of the business email compromise (BEC) scam and invoice fraud on companies of all sizes in the U.S., Reports in Security Boulevard said that the 60 percent spike occurred in just three months, with the average payout being $178,254 for Q2 2020, compared to $111,605 in Q1.

Scams 119

Scams Business Email Compromise Ransomware Email Compromise 119