Segpay

OCTOBER 22, 2024

Privacy-Friendly Cryptographic Security in Compliance with the Law Resistance to traditional ID-based age verification is growing. While user ID-based methods remain effective and compliant, they are often seen as invasive and raise privacy concerns. These solutions aim to balance security, user-friendliness, and privacy protection.

Verification 83

Verification Blockchain Privacy Encryption 83

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. Keller is also co-lead counsel in the recent Equifax data breach class action. consumers and 110 million business contacts.

Data Breach 50

Data Breach Breach Database Credit Cards 50

PYMNTS

NOVEMBER 26, 2019

Synchrony Financial said a message was erroneously sent to customers about an Amazon.com card and that a data breach had not occurred, according to a report by Reuters. We have confirmed none of your personal data was compromised,” the financial services company said in an email to customers. On Monday (Nov.

Data Breach 52

Data Breach Breach NOV Compromise 52

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

Data Breach 92

Data Breach Breach Database Compromise 92

Segpay

NOVEMBER 20, 2024

However, pressing concerns about privacy and fraud by cybercriminal networks must be addressed. However, this also brings up critical concerns about privacy, which we will explore later. This multi-modal approach ensures that even if one fingerprint is compromised, the system is still secure.

Security 55

Security Technology Privacy Compromise 55

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 62

CCPA Laws Privacy Data Breach 62

PYMNTS

SEPTEMBER 30, 2020

MENA nations’ original rules involved data privacy, but they were focused on developing the open banking ecosystem and allowing information to move freely. The pandemic is dramatically altering how merchants can transact, which data they can store and where they can store it, however. The Data Privacy Twist .

Privacy 70

Privacy Regulations Laws Rules 70

PYMNTS

JULY 11, 2018

Another retailer has been hit with a data breach. The data breach impacted one-half of one-percent of customers who were registered on Macys.com or Bloomingdales.com, spokeswoman Blair Rosenberg said Tuesday (July 10), according to Bloomberg. “We Macy’s is just the latest retailer to be hit with a data breach.

Data Breach 40

Data Breach Breach Compromise Social Security 40

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

Data Breach 53

Data Breach Breach Regulations NOV 53

PYMNTS

JUNE 24, 2020

Messaging app Telegram said a data breach has exposed a database containing the personal information of millions of users, according to a Cointelgraph report. The company introduced new measures for privacy in response, letting users hide their phone number from everyone. Data breaches have not slowed during the pandemic.

Breach 115

Breach Data Breach Law Enforcement Database 115

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

PYMNTS

JULY 10, 2019

Privacy is the new currency in a time when browsing the internet can be a lot like walking through a crime-ridden neighborhood. Besides identity theft, malware and viruses, there are phishing scams, data breaches and other unknown issues that can compromise computers and daily life.

Privacy 40

Privacy Identity Theft Regulatory Compliance Data Breach 40

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. It faces a $1.63

Privacy 60

Privacy Data Breach Compromise Breach 60

VISTA InfoSec

JULY 19, 2024

Trusted platform module (TPM): A Trusted Platform Module (TPM) is a microcontroller chip that’s embedded in a computer to improve its security and privacy. They’re responsible for detecting if someone physically tries to tamper with your device but are also trained to respond by wiping data or disabling the device.

Cybersecurity 264

Cybersecurity Encryption Fraud Detection CHIPS 264

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.

Data Breach 71

Data Breach Breach Security Risk 71

PYMNTS

NOVEMBER 2, 2018

The Radisson Hotel Group suffered a data breach that impacted its loyalty and rewards program customers, reported ZDNet. Radisson Rewards takes this incident very seriously and is conducting an ongoing extensive investigation into the incident to help prevent data privacy incidents from happening again in the future.”.

Breach 57

Breach Compromise Data Breach Privacy 57

PYMNTS

JUNE 28, 2016

The company’s website claims it has 156 million global customers and it has issued a warning about the recent discovery of some account data on the black market, suggesting that all its customers change their passwords. It was reported that the login credentials of more than 32 million Twitter users were compromised.

Data Breach 40

Data Breach Breach Credential Phishing 40

PYMNTS

JULY 24, 2020

In a post on its website, Instacart said its investigation concluded the San Francisco-based company was not compromised. It appears that third-party bad actors were able to use usernames and passwords that were compromised in previous data breaches of other websites and apps to login to some Instacart accounts,” Instacart wrote. “In

Accounts 75

Accounts Compromise Data Breach Phishing 75

PYMNTS

JULY 31, 2018

mobile phone and electronics retailer, disclosed on Tuesday (July 31) an update on a data breach in which it found unauthorized access in the past to some of its data. The company noted there is evidence that data was taken off its servers, but that those records didn’t contain payment card or bank account details.

Data Breach 40

Data Breach Breach CHIPS Cybersecurity 40

Clearly Payments

MARCH 4, 2024

From large-scale data breaches to intricate schemes, fraudulent activities have left lasting marks on the financial landscape. Target Data Breach (2013) In the saga of payment processing fraud, few chapters loom as large as the Target data breach of 2013. Compromise of over 40 million credit card accounts.

Phishing 59

Phishing Data Breach Law Enforcement Money Laundering 59

PYMNTS

APRIL 11, 2016

has become the latest federal system impacted by a major data breach. In an internal FDIC document obtained by The Washington Post , it was revealed that the data of 44,000 FDIC customers was breached by an employee who left the agency in February. The Federal Deposit Insurance Corp.

FDIC 40

FDIC Data Breach Breach Compromise 40

VISTA InfoSec

OCTOBER 21, 2024

Trusted platform module (TPM): A Trusted Platform Module (TPM) is a microcontroller chip that’s embedded in a computer to improve its security and privacy. They’re responsible for detecting if someone physically tries to tamper with your device but are also trained to respond by wiping data or disabling the device.

Cybersecurity 130

Cybersecurity Encryption Fraud Detection CHIPS 130

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. We implement TLS 1.3,

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

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

Fintech News

JANUARY 17, 2024

Adapting authentication in the era of data breaches In an environment rife with data breaches and privacy concerns, traditional authentication methods like SMS-based two-factor authentication (2FA) and knowledge-based authentication (KBA) are losing effectiveness.

Deepfake 106

Deepfake APACS Scams Authentication 106

PYMNTS

JULY 8, 2019

Information Commissioner’s Office ( ICO ) has fined British Airways over £183m for a data breach involving the theft of more than half a million users’ data, including login info, card information, names, addresses and booking information, according to a report by The Guardian. The fine amounts to about 1.5

Compromise 43

Compromise Breach Data Breach Privacy 43

PYMNTS

AUGUST 21, 2018

When it comes to the bond between consumer and financial services, no doubt the relationship is a bit, well, frayed in the age of data breaches and the Dark Web. Beyond the static number, said Pointner, a trend is afoot, one where large institutions are hacked, time and again, and where the data leaks out.

Data Breach 42

Data Breach Breach Laws Authentication 42

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

PYMNTS

JANUARY 29, 2019

In its 2019 Data Privacy Benchmark Study, published last week, Cisco found that the combination of security best practices and investment in cybersecurity technology correlates to a lessened impact from data breaches. But for companies that are GDPR-ready, sales delays were significantly shorter — 3.4

Cybersecurity 59

Cybersecurity Data Breach Phishing Privacy 59

PYMNTS

MARCH 17, 2016

American Express has disclosed a data breach that occurred more than two years ago and is actively encouraging customers to monitor their accounts for fraudulent activity. The scope of the December 2013 breach remains undisclosed at this time. ” The third-party provider remains unnamed at this time.

Data Breach 21

Data Breach Breach Third-Party Service Provider Compromise 21

PYMNTS

FEBRUARY 10, 2020

Approximately 34 percent said that they felt biometrics offered improved security over passwords, a fact that is backed up by the 2019 Verizon Data Breach Investigations Report, which found that 80 percent of data breaches can be traced to compromised or weak passwords.

Data Breach 94

Data Breach Point-of-Sale (POS) Push-to-Card Verification 94

PYMNTS

JULY 17, 2019

The AMCA’s eight-month breach was first disclosed in June when news broke that 11.9 million LabCorp customers were compromised. million Quest Diagnostics and UnitedHealth Group patient records were exposed. Days later, 7.7 The AMCA has advised CPL that patients’ Social Security numbers were not involved in the incident.

Breach 40

Breach Data Breach Social Security Compromise 40

The Paypers

AUGUST 5, 2016

(The Paypers) Advocate Health Care Network has agreed to pay a settlement for potential violations of federal patient privacy law, related to breaches that compromised the electronic data of 4 mln patients.

Breach 28

Breach Data Breach Compromise Settlement 28

PYMNTS

APRIL 1, 2020

Consumer data privacy laws were making compliance difficult before a pandemic brought the world to a halt. But COVID-19 also triggered emergency loopholes in data legislation that relax the rules under certain conditions. Know Your Customers’ Data. Are we living in those conditions now? No one is totally sure.

Compliance 61

Compliance Privacy Laws Rules 61

PYMNTS

JULY 10, 2019

Last year the hotel company revealed that guests’ data was accessed, tied to a breach of the Starwood hotel guest reservation database. Of the 500 million guests impacted, around 327 million had information compromised that ranged from names to passport numbers to email addresses and Starwood account information.

Regulations 54

Regulations Due Diligence Breach Data Breach 54

PYMNTS

JULY 27, 2017

Italy’s UniCredit has confirmed that the personal financial data of about 400,000 customers has been compromised. According to Finextra , the affected customers took out loans through the bank, and their personal data has been hijacked by unauthorized third parties.

Data Breach 40

Data Breach Breach IBAN Audit 40

PYMNTS

MARCH 31, 2020

Devising open banking laws that adequately respond to shifting privacy needs and satisfy both businesses and consumers is difficult. The necessity of such regulations is undeniable, however, as lagging data standards leave businesses and consumers open to fraud and boost frustration regarding the speed of digital transactions.

Regulations 61

Regulations CCPA Consumer Privacy 61