PYMNTS

JULY 29, 2019

Capital One announced that a hacker had accessed about 100 million credit card applications, as well as thousands of Social Security and bank account numbers. Capital One stressed that credit card account numbers and log-in credentials were not compromised, while more than 99 percent of Social Security numbers were not impacted.

Credit Cards 46

Credit Cards Caps FBI Social Security 46

Fi911

JULY 8, 2024

Synthetic Fraud Synthetic fraud occurs when criminals create fictitious identities by combining real and fake information, such as using a real Social Security Number with a fake name and address. Once they have control, fraudsters can make unauthorized transactions, change account details, and steal sensitive information.

Account Takeovers 94

Account Takeovers Fraud Detection Phishing Fraud Prevention 94

PYMNTS

APRIL 25, 2019

This led to a security breach that compromised the data of approximately 2.1 of deceiving consumers by falsely claiming that the site “utilizes the latest security and encryption techniques to ensure the security of your account information.” million consumers, including around 500,000 U.S.

FTC 53

FTC Data Security Security Consumer 53

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

Segpay

NOVEMBER 26, 2024

Securing Sensitive Information : With more services moving online, organizations are handling sensitive personal information such as social security numbers, medical records, and financial data. Proper digital identity verification tools help protect sensitive data from unauthorized access and security breaches.

Verification 111

Verification Identity Theft Money Laundering Due Diligence 111

PYMNTS

JUNE 29, 2018

The investigation so far has found that the leaked data includes contact information, usernames and encrypted passwords. We are alerting certain consumers who purchased on adidas.com/US about a potential data security incident. Social Security numbers, drivers’ license numbers and payment card data were not compromised.

Data Breach 40

Data Breach Breach Compromise Encryption 40

PYMNTS

JUNE 11, 2019

In fact, a recent study found that cell phone numbers were the fifth-most-important part of respondents’ identities, following Social Security numbers, driver’s licenses, dates of birth and home addresses. Mobile wallets have become popular vehicles for storing and accessing credit card information, plane tickets and other documents.

Verification 58

Verification Authentication Blockchain Push-to-Card 58

Clearly Payments

JANUARY 8, 2024

Here are key practices for merchants to effectively manage data security and achieve PCI DSS compliance: Implement Robust Encryption Protocols To protect sensitive data during transmission, merchants should implement robust encryption protocols.

Risk Management 97

Risk Management Risk PCI DSS Process 97

PYMNTS

JUNE 15, 2018

“There’s a huge security problem, just with the internet in general,” Sikora said, adding that “the internet has grown up to be convenient and to have great experiences for everybody, but while doing that it was growing so fast that we compromised security.”.

Blockchain 43

Blockchain Security Database Social Security 43

PYMNTS

MAY 31, 2018

If that data has already been exposed, then taking it back from organizations doesn’t do much good – there needs to be a way to tell, in the moment of the transaction, that a customer is legitimate rather than a criminal who has gained access to their static credentials, such as birthdate, address and Social Security number.

ATM 43

ATM Consumer Data Breach Credential 43

EBizCharge

OCTOBER 25, 2023

An incident is only considered a data breach if the confidentiality of data is compromised. Sensitive or confidential data can include customer data records, bank account numbers, Social Security numbers, healthcare information, intellectual property, etc. Another common cause of data breaches is social engineering.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

CB Insights

NOVEMBER 21, 2017

If Alice or Bob wanted to falsify a transaction, they would have to compromise the majority of participants, which is much harder than compromising a single participant. Hashes, public-private key encryption, segregated witness, sidechains, forks, and block size, among other elements, fall outside of the scope of this piece.

Blockchain 78

Blockchain Technology Bitcoin Participant 78

PYMNTS

DECEMBER 11, 2017

The move comes just weeks after the revelation that ride-sharing service Uber hid a breach that compromised the data from 57 million of its customers, and that they paid hackers to destroy the stolen information. It also follows the news that credit monitoring firm Equifax hid a massive breach of consumer data for nearly 45 days.

Bitcoin 44

Bitcoin Breach Data Breach FDIC 44

Nanonets

SEPTEMBER 28, 2023

However, contemporary payment methods, such as EMV chips and contactless NFC payments, transmit encrypted codes rather than card numbers to enhance transaction security. Government Benefits: Governments use EFTs to distribute benefits and payments, such as social security and tax refunds, to beneficiaries.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

Nanonets

SEPTEMBER 28, 2023

However, contemporary payment methods, such as EMV chips and contactless NFC payments, transmit encrypted codes rather than card numbers to enhance transaction security. Government Benefits: Governments use EFTs to distribute benefits and payments, such as social security and tax refunds, to beneficiaries.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire 52

CB Insights

AUGUST 25, 2017

By encrypting down to the hardware level and leveraging blockchain technology, Filament’s decentralized network stack allows any device to connect, interact, and transact independent of a central authority. Social Security Office, to verify that a person did in fact pass.

Blockchain 78

Blockchain Law Enforcement Bitcoin Transactions 78