Payments Dive

JANUARY 20, 2023

It’s unclear where or how customer account credentials were obtained. Impacted customers were notified of the incident nearly a month after it was discovered.

Data Breach 78

Data Breach Breach PayPal Credential 78

PYMNTS

OCTOBER 17, 2018

Visa announced today the commercial expansion of its Visa Token Service for “credential-on-file token requestors.” Network tokens offer merchants an appealing solution to boosting the security of transactions while also helping merchants manage the account credentialing that is now the reality of multichannel retail payments.

Credential 86

Credential Digital Payments Payments PayPal 86

Payments Source

JULY 9, 2018

All service providers, even those with a strong security posture, are only as secure as the Home Depots, LinkedIns and Equifaxes of the world, argues George Avetisov, chief executive of HYPR.

Data Breach 67

Data Breach Credential Breach Service Provider 67

PYMNTS

JANUARY 18, 2019

The largest public data breach ever has been discovered, according to Gizmodo. The breach is just one data batch of at least six more, collected by someone trying to sell the stolen info, which amounts to almost 1 terabyte of stolen information. The Collection #1 breach has a staggering 2.7 billion combos.

Data Breach 63

Data Breach Breach Credential Compromise 63

VISTA InfoSec

APRIL 5, 2024

The following are some of the consequences when data privacy and security are compromised: Productivity loss. Operational interruption happens when cybersecurity is breached. A file falling into the wrong hands or credentials being revealed to unauthorized personnel could spell lost productivity and revenue. Tainted reputation.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

PYMNTS

MARCH 31, 2020

Marriott International experienced a massive data breach in an “incident” that involved a property system. The hotel firm said in a notice that it “at the end of February 2020, the company identified that an unexpected amount of guest information may have been accessed” with the sign-in credentials of two franchise property staffers.

Data Breach 56

Data Breach Breach Credential Assessments 56

PYMNTS

OCTOBER 12, 2018

FitMetrix , a fitness technology and performance tracking company owned by MINDBODY , has suffered a data breach that could impact 113.5 Bob Diachenko, Hacken ’s director of cyber risk research, revealed the breach was caused by several servers that were left without a password. million users.

Data Breach 67

Data Breach Breach Database Credential 67

VISTA InfoSec

JUNE 3, 2024

According to a Verizon report , over 80% of hacking-related breaches are due to compromised passwords. 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

Payments Source

NOVEMBER 6, 2018

The breach may have occurred through a technique called "credential stuffing," in which hackers who have stolen passwords for other websites try them out on an online banking site.

Breach 71

Breach Data Breach Credential Accounts 71

EBizCharge

OCTOBER 25, 2023

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. According to the 2023 IBM Data Breach Report , the global average cost of data breaches was $4.45 What are data breaches?

Data Breach 52

Data Breach Best Practices Breach Phishing 52

PYMNTS

JUNE 23, 2020

This is not the first time Twitter has been exposed to a data breach. In 2016, nearly 33 million Twitter users’ personal data was compromised and offered for sale on the dark web, LeakedSource.com, the subscription-based breach notification service, reported. These credentials, however, are real and valid.

Data Breach 61

Data Breach Breach Compromise Credit Cards 61

PYMNTS

APRIL 24, 2019

There is a bit of a twist in this often-told tale of breached consumer data: Chipotle maintains that the company itself has not been breached. She further noted that the firm is pretty sure credential stuffing is the root cause in this case. It could easily be credential stuffing. So, what’s going on? Is Chipotle?

Credential 67

Credential Breach API Addressing 67

PYMNTS

JUNE 6, 2016

Reports of data breaches and cyberattacks are serious, but what happens when those claims are untrue? 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.

Data Breach 42

Data Breach Breach Identity Theft Compromise 42

The Fintech Times

JULY 30, 2024

The cost of data breaches has been on a steady incline for the past decade. However, evidence from IBM , a multinational tech firm, suggests that in the next 10 years, breaches could cost a lot more as we just experienced the highest year-on-year jump in cyber attacks (10 per cent).

Data Breach 59

Data Breach Breach AI Law Enforcement 59

PYMNTS

SEPTEMBER 19, 2019

Thinkful, an online education site for developers, has revealed that it has been hit with a data breach. “We As soon as we discovered this unauthorized access, we promptly changed the credentials, took additional steps to enhance the security measures we have in place, and initiated a full investigation.”.

Data Breach 40

Data Breach Breach Request for Comment Credential 40

PYMNTS

JUNE 28, 2016

It was reported that the login credentials of more than 32 million Twitter users were compromised. According to LeakedSource, which indexes hacked credentials from data breaches, the credentials are being traded on the dark web for about 10 bitcoin a pop, or a little under $6,000.

Data Breach 40

Data Breach Breach Credential Phishing 40

VISTA InfoSec

JUNE 27, 2024

In a recent development that has raised concerns across the education sector, Los Angeles Unified School District (LAUSD) has confirmed a significant data breach involving student information.

FBI 130

FBI Breach MFA Cybersecurity 130

The Paypers

APRIL 28, 2016

(The Paypers) A survey of more than 300 professionals worldwide found that 22% of respondents whose company had experienced a data breach said the breach was due to compromised credentials.

Data Breach 28

Data Breach Credential Compromise Breach 28

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. It could easily be credential stuffing,” Stuppy said. “It There is no reason to believe that multiple things aren’t going on here.

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Breach Data Breach Credential Credit Cards 87

PYMNTS

JANUARY 27, 2020

Businesses have good reason to be concerned about data breaches. Cybercriminals’ accomplishments come at the expense of targeted businesses, with a recent study finding that individual data breaches cost firms around the globe an average of $3.92 million in 2019 — a 1.5 percent increase from 2018. Fighting the Phishers.

Phishing 99

Phishing Data Breach Breach Fraud Prevention 99

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

PYMNTS

NOVEMBER 7, 2019

Capital One employees raised red flags over security risks before the company suffered a massive data breach. About five years ago, the company started moving its data to the cloud. The alleged hacker, Paige Thompson , was a former employee of Amazon Web Services, which hosted the Capital One database that was breached.

Data Breach 40

Data Breach Breach Security FBI 40

Payments Source

NOVEMBER 19, 2017

Widespread data breaches have sparked a rise in account-takeover fraud using stolen consumer credentials, prompting merchants to crack down on suspicious purchases. But too many legitimate customers are getting caught in the process.

Account Takeovers 61

Account Takeovers Data Breach Credential Breach 61

PYMNTS

JULY 24, 2020

Instead, Instacart said hackers used credential stuffing, a practice in which usernames and passwords stolen from other sites are used to hack into other accounts. “It Sellers were offering data from what could have been 278,531 accounts, although some may have been duplicates or fake. Instacart denied it happened. “We

Accounts 75

Accounts Compromise Data Breach Phishing 75

Fintech Finance

NOVEMBER 6, 2024

In fact, 80% of confirmed data breaches globally are related to weak or stolen passwords, so it’s no surprise that the majority of consumers (91%) in Asia Pacific worry about cyber threats.

Visa 98

Visa APACS Transactions Authentication 98

Payments Source

JULY 20, 2017

Because of the opaque nature of internet retailing and widely publicized data breaches, security concerns remain a pervasive gating factor to digital commerce. Key to countering this is providing consumers with the tools to monitor and control where their payment credentials are stored online.

Data Breach 61

Data Breach Consumer Credential Breach 61

The Fintech Times

DECEMBER 18, 2023

“A never-ending stream of data breaches combined with highly sophisticated and technical attacks means the stolen personal information available on the dark web is continuously replenished. Cybercriminals use that information to impersonate people in positions of authority.

Cybersecurity 139

Cybersecurity Ransomware RDC Credential 139

PYMNTS

AUGUST 17, 2020

As a result of the breach, the CRA said more than 11,000 of 12 million personal accounts were compromised, including online portals accessing tax payer data and COVID-19 relief programs. The attack didn’t have any dire effects like a data breach, officials said. Online services are expected to be fixed by Wednesday (Aug.19),

Governance 65

Governance Government Data Breach Breach 65

PYMNTS

JUNE 29, 2020

The most popular technique, credential abuse, involves fraudsters using compromised passwords and other login information to gain access to sensitive systems. One 2018 study found that 81 percent of open banking-related breaches were the result of stolen or weak passwords. There were 85.42 million were aimed at the financial industry.

MFA 96

MFA Risk Security API 96

PYMNTS

JULY 30, 2019

The documents said Thompson accessed the data through a “misconfiguration” of a firewall on a web application. . Capital One revealed the massive data breach in a news release on July 29, 2019. The breach impacts about 100 million individuals in the United States and around 6 million in Canada.

Breach 87

Breach Law Enforcement Data Breach Social Security 87

Fintech News

JUNE 10, 2024

Akira affiliates gain initial access by exploiting vulnerabilities, brute-forcing services like Remote Desktop Protocol (RDP), social engineering, and using compromised credentials. Organisations should only collect, process, store, and retain data essential for business, operational, or legal requirements.

Ransomware 105

Ransomware Authorization Phishing Cybersecurity 105

PYMNTS

SEPTEMBER 22, 2016

” Yahoo is apparently on the verge of reporting a massive data breach of its service — a giant hack that has exposed the data behind hundreds of millions of user accounts. ” Peace was, by his own admission, selling credentials of 200 million Yahoo users from 2012 on the dark web for just over $1,800.

Breach 87

Breach Data Breach Credential Adjustments 87

PYMNTS

JANUARY 23, 2020

billion consumer accounts fell victim to data breaches during the first half of 2019 — to the tune of $4 million in lost revenue per breach. More than 90 percent of Americans have fallen victim to online scams, data breaches, identity theft or other forms of fraud, though certain varieties are more common than others.

Phishing 64

Phishing Data Breach Breach Scams 64

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. Data breaches, botnet attacks and other forms of external threats are well-known to digital-first banks. Why Digital-First Banks Require Different Defenses For Varied Fraud Threats.

Credential 94

Credential Data Breach Phishing Cybersecurity 94

PYMNTS

FEBRUARY 19, 2019

With a wealth of stolen credentials to pick from in the wake of several data breaches that comprised the identities of millions, fraudsters have more resources than ever. Overall, thanks to the rise in data breaches, merchants and FIs alike are dealing with a steep increase in fraud. Fraud is rampant and thriving.

Identity Theft 63

Identity Theft Data Breach Breach Verification 63

PYMNTS

SEPTEMBER 21, 2016

With an increasing number of data breaches and the ongoing debate on where to draw the lines of personal privacy, many consumers are taking the protection of their personal information into their own hands. It’s no surprise many consumers are more concerned than ever about how their data is being shared and used.

Privacy 76

Privacy Consumer Data Breach Credential 76

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. This prompted some pretty hot responses about the General Data Protection Regulation and its suitability as a framework within which data breaches should be managed.

Crime 83

Crime Cybersecurity Breach Data Breach 83