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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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. The post Cybersecurity: How to Protect Yourself Online (Video) appeared first on FICO.

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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. Email is a big challenge, be careful.”.

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PYMNTS

MAY 19, 2020

The compromised server contained website and mobile site API logs, thereby exposing all production server information. SafetyDetective said Natura customers should be vigilant against identity theft, change their account passwords and keep a close eye on their payment card transactions for signs of any suspicious activity.

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Identity Theft Payment APIs and Integration Payment-Related Information Phishing 93

Fintech News

MARCH 25, 2024

This growth suggests that threat actors continued to invest in new methods to target mobile banking apps, developing new tools and techniques to execute fraudulent transactions, steal funds and commit identity theft , the report says. Hook is a type of malicious software specifically designed to target mobile banking apps.

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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

DECEMBER 20, 2019

Wawa is getting in touch with customers and offering free credit card monitoring, as well as identity theft protection, to anyone who has been affected. Our cybersecurity team discovered and shut down malicious, unauthorized access to some information related to your T-Mobile prepaid wireless account,” the disclosure stated. “We

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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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Seon

JUNE 24, 2024

The rise of online transactions and evolving cybercrime tactics highlight the urgent need for strong identity risk management and monitoring. Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity.

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Risk Management Mitigation Risk Identity Theft 52

PYMNTS

NOVEMBER 6, 2018

Reuters , citing a regulatory filing, reported that HSBC said it’s not clear how many accounts were compromised or if any money was stolen from them. We have notified customers whose accounts may have experienced unauthorized access and offered them one year of credit monitoring and identity theft protection service.”.

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Accounts Identity Theft NOV Compromise 68

VISTA InfoSec

SEPTEMBER 15, 2023

Exemptions: Exclusions: Certain provisions of the Act are not applicable to data-processing for: Crime investigation; (Clause 17(1)(c)) Execution of compromise, merger, or amalgamation schemes; (Clause 17(1)(e)) Detection of financial frauds; (Clause 17(1)(f)) Handling data of a data principal located outside India, under a contract, among others.

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PYMNTS

FEBRUARY 15, 2017

Cyberhacks compromised the identities of more than a billion people last year alone, researchers added. Separate analysis from the Identity Theft Resource Center and CyberScout found that the number of data breaches in the U.S. The company said Tuesday (Feb. hit a record high last year.

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Security Data Breach Cybersecurity Breach 40

Clearly Payments

MARCH 4, 2024

From the Target data breach that compromised millions of customer accounts to the collapse of Wirecard AG following revelations of accounting fraud, these fraud events serve as stark reminders of the vulnerabilities within payment systems. Over 40 million credit and debit card accounts compromised.

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Phishing Data Breach Law Enforcement Money Laundering 59

PYMNTS

MARCH 12, 2018

By not disclosing the fissure in its cybersecurity defenses sooner, the company increased the risk of identity theft for those who were impacted — not to mention the countless customers who had to freeze their credit and spend money on monitoring and protection services.

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PYMNTS

MAY 1, 2017

Department of Justice (DoJ) announced plans to charge a man allegedly responsible for an $100 million business email compromise scam. The DoJ alleges that the man, Evaldas Rimašauskas, used a business email compromise (BEC) scam to trick Facebook and Google into paying fake invoices, impersonating manufacturer Quanta Computer.

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PYMNTS

JANUARY 27, 2017

As if Yahoo didn’t have enough on its plate, the tech company is now facing a probe from the Securities and Exchange Commission as to whether or not it could have acted more promptly in response to two massive data breaches that left over a billion customers’ information compromised. 2013 had compromised even more user data.

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PYMNTS

DECEMBER 27, 2019

The stores affected reach from Pennsylvania to Florida, and fuel dispensers were compromised, but not ATMs. In response to the breaches, Wawa is offering free credit monitoring and identity theft prevention help. The company said the police are involved and a forensics team is working on an investigation internally.

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PYMNTS

JUNE 6, 2016

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. Regardless of the source, this is compromised data that belongs to them.”.

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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. In the first six months of 2016, data breaches rose 15 percent, and the number of compromised data records jumped 31 percent compared to the previous six months. percent of all hacks.

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FICO

APRIL 16, 2019

Stopping Fraud - Identity Theft. Identity theft also remained a key priority for four-in-ten banks. Exposure is increasing in this area, given the rise in digital customer acquisition and the proliferation of compromised data from cyberattacks in APAC,” said McConaghy. of compromised records worldwide.

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PYMNTS

OCTOBER 30, 2017

According to John Krebs, manager of the identity theft program at the Federal Trade Commission (FTC), the situation between the good guys who are trying to protect the systems and the bad guys who are trying to break into and exploit them will always be very asymmetrical. Known Unknowns.

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PYMNTS

FEBRUARY 7, 2018

Department of Justice said it had indicted 36 people from around the globe tied to an internet identity theft ring. Members of the Infraud Organization acquired consumers’ identities and sold them, as well as compromised credit and debit cards, and all over a period of seven years.

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PYMNTS

JUNE 27, 2016

Reuters reported late last week that Peter Locsin, of Talisay City, Philippines, is believed to be behind a cybercrime scheme to compromise the accounts of several well-known individuals at three financial institutions.

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PYMNTS

MAY 5, 2017

It’s been a big week in the broader cybersecurity realm, starting with a data breach of Sabre Corporation’s hospitality unit. The compromised Sabre system reports offering seamless connectivity to over 120 property management, 7 revenue management, 7 CRM and 18 content management solutions according to the company’s website.

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PYMNTS

AUGUST 26, 2019

She also contends that the access was permissioned and not identity theft as Worden alleges in the complaint against her. Passwords are hard to keep straight and frequently compromised, but consumers rely on them — despite the fact that the data indicates they know they probably shouldn’t. Don’t access your ex’s bank account.

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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. This week’s data digest is all about, well, data. 1,093 data breaches hit entities in the U.S.

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Data Security Governance Government Data Breach 54

PYMNTS

OCTOBER 18, 2019

It’s been said that fraudsters are always evolving, and always looking for the path of least resistance in their efforts to steal identities and credentials to remain anonymous and … keep stealing. No surprise, then, that identity theft is on the rise. Those victims are kids — in some cases, even infants.

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Identity Theft Social Security Money Laundering Fraud Prevention 42

PYMNTS

OCTOBER 4, 2017

Initially, Yahoo announced that 1 billion accounts had been compromised. In addition, the United States has charged two Russian intelligence agents, Baratov and another alleged hacker over the 2014 theft of 500 million Yahoo accounts, marking the first time the U.S. Yahoo is notifying users. Baratov faces U.S.

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Identity Theft Breach Data Breach Wire 40

Clearly Payments

JANUARY 8, 2024

Merchants must familiarize themselves with the diverse risks associated with payment processing, encompassing fraud, chargebacks, and cybersecurity threats. This can include stolen credit card information, identity theft, or fraudulent transactions.

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Risk Management Risk PCI DSS Process 67

PYMNTS

APRIL 6, 2017

At this year’s PYMNTS Innovation Project , Admiral James Stavridis , NATO’s former Supreme Commander, said that one of the biggest points of compromise that cybercrooks exploit is the login.

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PYMNTS

JANUARY 23, 2017

Its latest analysis, released in conjunction with the Identity Theft Resource Center, found an all-time-high number of data breaches, with 1,093 incidents recorded in 2016. 40% more cyberbreaches impacted U.S. businesses in 2016 than the year prior, found CyberScout. The report found that more than half of these breaches (55.5

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Risk AFP Identity Theft Email Compromise 43

Stax

JULY 9, 2024

Data breaches that compromise consumer payment or sensitive business data, identity theft, and other forms of fraudulent transactions are all current threats of doing business—however, that is simply part of doing business in today’s digital age. Q: What are peer-to-peer payments?

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PYMNTS

MAY 2, 2017

Department of Justice (DoJ) announced plans to charge a man allegedly responsible for a $100 million business email compromise scam. The DoJ alleges that the man, Evaldas Rimašauskas, used a business email compromise (BEC) scam to trick Facebook and Google into paying fake invoices, impersonating manufacturer Quanta Computer.

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PYMNTS

SEPTEMBER 9, 2019

One might have thought the low watermark for digital security headlines came the week before last, with the near-continuous revelations that Jack Dorsey had fallen victim to a SIM swap identity theft attack and Apple had accidentally left a large exploit in iOS for the last two or so years. This was never the case.”.

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AI Security Identity Theft Research 40

PYMNTS

OCTOBER 2, 2017

It was a team of cybersecurity researchers from the firm ERPScan, and not malicious hackers, who discovered that point-of-sale (POS) systems made by SAP had a gaping loophole. The nationwide lawsuit represents the interests of one billion users, all of whom face the risk of future identity theft thanks to the Yahoo breach.

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PYMNTS

MARCH 16, 2017

During a follow-up briefing on Wednesday (March 15), the FBI shared its insight on how Yahoo’s user data and technology was compromised so significantly over a two-year period. From there, hackers gained access to Yahoo’s internal networks, and the rest has gone down in cybersecurity history.

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PYMNTS

AUGUST 25, 2016

Retail executives surveyed separately by KPMG indicated that, thus far, they have not made capital investments in cybersecurity in the last year, and 42 percent noted that there is not a designated head of information security at their firm. In just the last two weeks, Eddie Bauer reported all of its locations in the U.S.

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