PYMNTS

MAY 23, 2019

Kaspersky Lab, a cybersecurity and anti-virus company, has reported a rise in a specific malware intended to steal money and credentials from people’s bank accounts. They usually steal funds directly from mobile users’ bank accounts, but sometimes their purpose is changed to steal other kinds of credentials,” the company said.

Mobile Banking 83

Mobile Banking Cybersecurity Credential Security 83

VISTA InfoSec

JUNE 19, 2024

The DPH said the incident took place between February 19-20, 2024, was caused by a gang of cyber criminals who gained access to the log-in credentials of email accounts of 53 employees through a phishing email. The stolen data includes personal, medical and financial information.

Data Breach 264

Data Breach Breach Phishing Credential 264

VISTA InfoSec

JUNE 3, 2024

The Importance of a Strong Password Policy A strong password policy is a cornerstone of any cybersecurity strategy. Credential stuffing , a form of cyberattack where attackers use stolen credentials to gain unauthorized access to user accounts, highlights the need for strong password policies.

MFA 130

MFA Credential PCI DSS Compliance 130

VISTA InfoSec

MAY 12, 2024

Implementing 2FA adds an extra layer of security to a POS system by requiring users to prove their credentials through other means such as one-time passwords on other devices or through biometrics. This additional step helps prevent unauthorized access even if login credentials are compromised, keeping your data secure.

PCI DSS 277

PCI DSS Security Compromise Best Practices 277

VISTA InfoSec

JUNE 19, 2024

For instance, an attacker might send an email that appears to be from a trusted video communication platform, prompting you to click on a link to verify your account or update credentials. Once you follow the link, you enter a fake login page that captures your information.

Risk 277

Risk Ransomware Phishing MFA 277

FICO

OCTOBER 10, 2016

Those affected were neither informed nor allowed to try to remediate any exposure through changing passwords or other security credentials for two years. The post Cybersecurity: Predicting Yesterday’s Crimes appeared first on FICO. In fact, it happened back in 2014 and has only just been made public. Why is that?

Crime 83

Crime Cybersecurity Breach Data Breach 83

PYMNTS

DECEMBER 22, 2016

Corporates large and small are “naïve” about their cybersecurity risks, according to a new report. That’s despite 80 percent of CEOs expressing confidence in existing cybersecurity strategies. companies’ cybersecurity measures.

Cybersecurity 68

Cybersecurity Research Phishing Breach 68

FICO

DECEMBER 18, 2017

That 1849 quip from Jean-Baptiste Alphonse Karr somehow seems fitting for today’s cybersecurity industry. Taking both ends of the spectrum into account, my cybersecurity predictions for 2018 involve cyber scores, 2FA and bio hacks. The post Cybersecurity Predictions 2018: Cyber Scores and Stolen Eyes appeared first on FICO.

Cybersecurity 73

Cybersecurity Authentication Credential Ubiquitous 73

CB Insights

MARCH 27, 2019

Cybersecurity is a hot topic today. Future of Cybersecurity: Trends & Startups To Watch. Future of Cybersecurity: Trends & Startups To Watch. Learn about active cyber defense strategies and what they mean for the future of enterprise cybersecurity. Most recently, Dow Jones saw over 2.4M

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

VISTA InfoSec

JUNE 27, 2024

A joint investigation by Mandiant, Snowflake, and CrowdStrike revealed that Sp1d3r tracked as UNC5537, used stolen customer credentials to target at least 165 organizations that had not enabled multi-factor authentication (MFA) on their accounts. Conclusion The ramifications of this breach extend beyond immediate security concerns.

FBI 130

FBI Breach MFA Cybersecurity 130

PYMNTS

SEPTEMBER 30, 2019

Visner of the National Cybersecurity Federally Funded Research and Development Center (FFRDC) — managed by nonprofit MITRE , in support of the NIST National Cybersecurity Center of Excellence — told Karen Webster that cybersecurity threats to institutions and enterprises exist at several levels. Unseen and possibly unknown.

Cybersecurity 65

Cybersecurity Credential Encryption Phishing 65

VISTA InfoSec

DECEMBER 19, 2024

But as digital thieves and cyberattacks became more sophisticated targeting the financial sector, it led to the rise of cyber security cases which is why SWIFT introduced the SWIFT Customer Security Programme (CSP), a set of cybersecurity requirements designed to protect the global financial ecosystem.

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

VISTA InfoSec

NOVEMBER 7, 2023

What is Cybersecurity? Put simply, cybersecurity is any security system that protects our digital assets. Brute force attacks : Cyber attackers use trial-and-error methods to guess login credentials, exploiting weak passwords. System verification : The system checks the entered credentials.

Authentication 130

Authentication MFA Cybersecurity Credential 130

The Fintech Times

JANUARY 8, 2025

In a move to address these challenges, iDenfys address verification solution sends a physical letter containing secure credentials to the user-provided residential address. Once the letter is received, the user uses secured credentials to initiate the identity verification process and confirm identity and physical access to the address.

Verification 59

Verification Addressing Fraud Prevention Credential 59

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

CB Insights

FEBRUARY 20, 2017

Cybersecurity companies saw a record number of deals last year. This year, multi-factor authentication is one increasingly hot area within the cybersecurity industry. Multi-factor authentication (MFA) is a security protocol that requires more than one unique credential to verify a user’s … Continued.

Cybersecurity 46

Cybersecurity Authentication MFA Credential 46

Fintech News

JUNE 10, 2024

The authorities urge organisations to adopt robust cybersecurity measures to protect against these attacks. Akira affiliates gain initial access by exploiting vulnerabilities, brute-forcing services like Remote Desktop Protocol (RDP), social engineering, and using compromised credentials.

Ransomware 105

Ransomware Authorization Phishing Cybersecurity 105

PYMNTS

NOVEMBER 25, 2016

To combat this, hackers are looking to gain access to sensitive information by taking a much easier route: using legitimate credentials to go right inside. The bad guys realize that we’re getting better at locking the doors, so they have to go after the keys, and really, that’s what those user credentials are.”.

Cybersecurity 76

Cybersecurity Credential Security Ransomware 76

PYMNTS

MAY 17, 2017

If you’re one of the many, many companies recently targeted by WannaCry , you’ve just been handed a harsh reality check in the importance of enterprise cybersecurity. Maybe you had ignored previous warnings or felt cybersecurity technology was unnecessary. Or maybe you actually had cybersecurity measures in place that failed.

Cybersecurity 49

Cybersecurity AI Ransomware Phishing 49

The Fintech Times

JUNE 26, 2024

A dangerous new strain of malware has emerged, posing a severe threat to banking app users and leading to significant financial losses and fraud, cybersecurity experts have warned. This allows it to evade anti-tampering mechanisms and remain hidden while compromising app security.

Security 111

Security Cybersecurity Credential Compromise 111

FICO

AUGUST 21, 2017

But unfortunately, many of the things that keep executives awake at night, such as the cybersecurity risk of their extended enterprise, have been impossible to measure, let alone manage, at least until now. Data breaches and malware attacks are the hurricanes and earthquakes of the rapidly growing cybersecurity insurance industry.

Cybersecurity 49

Cybersecurity Risk Breach Data Breach 49

Fintech News

APRIL 22, 2024

Phishing scams employ social engineering tactics to trick users into revealing login credentials, allowing attackers to hijack accounts. Securing Indonesia’s Digital Future As cybersecurity leaders, safeguarding Indonesia’s digital future is a shared responsibility. A 2023 report by Kaspersky found that 40.8%

Phishing 117

Phishing Security Blocks Cybersecurity 117

Fintech News

MARCH 25, 2024

However, behind the scenes, the malware captures the user’s login credentials, account information, and other sensitive data entered into the fake UI. The captured information is then sent to a remote server controlled by cybercriminals.

Mobile Banking 117

Mobile Banking Online and Mobile Banking Identity Theft Credential 117

PYMNTS

SEPTEMBER 15, 2016

CyberArk , the cybersecurity company, announced on Wednesday (Sept. 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

AUGUST 16, 2019

did not have basic cybersecurity safeguards while it ran a service powered by artificial intelligence (AI) on the carrier’s website last year and in 2017, The Wall Street Journal reported. According to the news outlet, hackers changed the source code of the chatbot via compromised credentials. Delta Airlines Inc.

Data Breach 84

Data Breach Breach Multifactor Authentication Credential 84

PYMNTS

APRIL 8, 2019

Those numbers come from global research and advisory firm Gartner, which also predicts that companies will spend $125 billion on cybersecurity alone in 2019. Routh, for his part, said cybersecurity threats are going to continue to grow, and that means spending has to match that upward trend.

Credential 61

Credential Cybersecurity Continuity Research 61

PYMNTS

FEBRUARY 24, 2020

Account takeovers, brute force attacks and credential stuffing are some of the most popular methods, with rewards and loyalty programs being especially tempting targets for their stored payment data and personally identifiable information. Deep Dive: How AI Helps QSRs Stop ATOs And Credential Stuffing.

Account Takeovers 85

Account Takeovers Credential AI Fraud Prevention 85

PYMNTS

AUGUST 17, 2020

15 percent more spend on cybersecurity will aim to help banks and financial firms combat cybercrime , new data from Deloitte & Touche LLP and the Financial Services Information Sharing and Analysis Center revealed, according to Bloomberg. The year-over-year cybersecurity budget increase amounts to an average spend of $2,691 per employee.

Business Email Compromise 94

Business Email Compromise Federal Trade Commission Scams Cybersecurity 94

VISTA InfoSec

MAY 23, 2024

Meanwhile, database resources can have vulnerabilities such as misconfigurations and stolen credentials that allow cybercriminals to steal critical data and extort organizations. These cloud instances can have vulnerabilities hackers can exploit to get unauthorized access and launch other cyber attacks.

Compromise 288

Compromise Database Best Practices Shutdown 288

PYMNTS

JANUARY 14, 2020

Lior Cohen, senior director of cloud security products and solutions at cybersecurity firm Fortinet , recently told PYMNTS why the digitization initiatives many payment service providers undergo in the name of better customer experience can exacerbate security risks. Greater Security Without Compromising UX.

Security 101

Security PCI DSS Compromise Service Provider 101

PYMNTS

AUGUST 11, 2020

He has cybersecurity, defense and incident response credentials, including GIAC Information Security Expert (GSE), Offensive Security Certified Expert (OSCE), and Certified Information Systems Security Professional (CISSP).

Security 88

Security Best Practices Cybersecurity Credential 88

PYMNTS

JULY 24, 2020

Outside of the Instacart platform, attackers may target individuals using phishing or credential stuffing techniques. ” But on the contrary, Nick Espinosa , head of cybersecurity firm Security Fanatics , said the data looked “recent and totally legit,” Buzzfeed News reported.

Data Breach 86

Data Breach Breach Phishing Duplicate 86

PYMNTS

JANUARY 25, 2021

They often hack into these consumers’ accounts using passwords stolen from other sites that use the same login credentials, for example. Banks were expected to boost their cybersecurity budgets by 15 percent in 2020 compared to previous years, spending an average of $3,000 per employee on such upgrades.

Credential 94

Credential Data Breach Phishing Cybersecurity 94

Payments Source

OCTOBER 26, 2016

If online merchants can keep their sites secure, they stand to make big gains from a consumer base that is overwhelmingly willing to play its part in protecting payment credentials.

Security 96

Security Credential Consumer End User 96

PYMNTS

NOVEMBER 22, 2019

The practice may have been halted there, at least, but it shines a bit of light on how black markets for (stolen) assets and credentials continue to proliferate around the world and target virtual verticals. Just relying on a username and password is no longer enough, Cavicchia said. The tools are there, but mindset matters.

Credential 70

Credential Cybersecurity Push-to-Card Financial Crimes 70

PYMNTS

MAY 3, 2019

Homeland Security ’s cybersecurity agency has issued an advisory about a popular gas station software that has flaws, making it highly vulnerable to hacking. The Cybersecurity and Infrastructure Security Agency (CISA) gave the Orpak SiteOmat software a vulnerability severity rating of 9.8

Request for Comment 72

Request for Comment Cybersecurity Credential Encryption 72

PYMNTS

OCTOBER 21, 2019

Czech cybersecurity company Avast was hacked by an outside actor suspected to have ties to China. . Avast Chief Information Security Officer Jaya Baloo said the intruder gained access using someone’s credentials and a VPN to log in. Avast said it first found suspicious activity on its network on Sept.

Cybersecurity 40

Cybersecurity Law Enforcement Credential Laws 40