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Health Care Companies Data At Risk Of Being Compromised

PYMNTS

That could be the case with 12 health care payers, who are at risk of being hacked after a health care vendor was compromised. Social Security numbers, medical information, bank account numbers and claims information were not part of the hack.

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Digital Identity Takes On Medical Data Theft

PYMNTS

With data showing that 45 percent of all 2019 data breaches — and there were a lot of them — involved medical records theft, costing healthcare providers $429 per compromised patient record or nearly $18 billion, organizations can’t be confused about their value to cyberthieves. Medical Records = Dark Web Gold.

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Dodging Faster Fraud In A Same-Day ACH Environment

PYMNTS

According to Barnhardt, that puts pressure on beefing up the customer enrollment process. Many wrongly emphasize transactional monitoring over enrollment monitoring, because the transaction is the point of compromise. But Barnhardt emphasized a strong enrollment process can mitigate fraudulent transactions.

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In Battling Identity Fraud, Finding Digital DNA And The`(Synthetic ID) Devil Behind The Details

PYMNTS

He noted that in all the news reports detailing the ravages of identity theft, one thing is notably missing: A list of free services – from the government and elsewhere – that can help individuals monitor whether they have been compromised and how to protect themselves.

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Digital Identity, (Way) Beyond The Social Security Number

PYMNTS

The more individuals leave a trail of information across websites, the more tempting the targets are for hackers to make off with everything from Social Security numbers to health care information. Your security question with your dog’s name? The more business is done online, the more fraud makes inroads. They ain’t cutting it.

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Person Present: The Future Of Card Not Present Identity Verification

PYMNTS

The public has become very aware of security incidents that have compromised their data and that of others, and it’s making them ask the tough questions: What does identity mean to them? Who are they, who has their documents and data and how are those things being stored and secured? The Social Security number won’t help.

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What Is Data Tokenization and How Does It Work?

Stax

In 2022, there were 1802 instances of data compromise in America which affected 422 million people. You get to benefit from our long-standing relationship with the world’s leading sponsor bank and our built-in enrollment engine that takes care of all your risk and compliance requirements.