Clearly Payments

JANUARY 8, 2024

Security, Compliance, and Regulatory Risk: Cybersecurity risk involves the threat of data breaches and unauthorized access to sensitive payment information. Hackers may exploit vulnerabilities in the merchant’s system to gain access to customer data.

Risk Management 66

Risk Management Risk PCI DSS Process 66

PYMNTS

MARCH 18, 2020

Fraud is a perennial concern for quick-service restaurants (QSRs), and digital channels open ample new avenues for cybercrime, with hackers targeting restaurants for their cash, data and even customers’ loyalty points. One hacker even posed as a company’s HR department and made off with more than 20,000 company records. .

Phishing 70

Phishing Smishing Fraud Prevention Point-of-Sale (POS) 70

PYMNTS

AUGUST 8, 2019

You can thank the information stolen during data breaches for that, he said: “They essentially were working from an answer key.”. The move toward new forms of ID verification comes as regulators and politicians increase their focus on data security in the wake of Equifax and other breaches.

Security 58

Security Verification Online and Mobile Banking Breach 58

PYMNTS

DECEMBER 3, 2019

Digital identities are growing more important and omnipresent in everyday life, and the need to keep them secure grows more pressing by the day. Financial information, Social Security numbers and a host of other private data is wrapped up in each person’s digital identity, making a potential data breach catastrophic.

Verification 52

Verification Authentication Breach Data Breach 52

FICO

MARCH 22, 2022

The dark web offers a marketplace for the data stolen in data breaches and 2021 made it a record-breaking year with significant data breaches around the world, leading to the loss of many millions of personal records. . They can use automated tools to mount mass attempts to access accounts with credential stuffing.

Account Takeovers 52

Account Takeovers Accounts Authentication Data Breach 52

PYMNTS

JULY 27, 2020

Using real credentials lends authenticity to these schemes and allows them to elude many fraud detection systems, and cybercriminals can avoid tipping off victims by not using pilfered identities wholesale. Banks and CUs can improve on these efforts by also looking at how consumers transact online, Kelly said.

Credit Union 58

Credit Union Authentication Assessments Credential 58

PYMNTS

JANUARY 4, 2020

Insofar as the average consumer knows, that side of the web – which is accessible only via a TOR server – is the place where their personal information is sold whenever there is a data breach. A few years ago, one could get an Uber credential for as little as $1 – but these days, they tend to cost north of $40. Lime Scooters

Legal 63

Legal Bitcoin Credential Credit Cards 63

PYMNTS

JUNE 4, 2019

That includes the sale and analysis of their personal data, and the potential security and fraud risks stemming from that.

Verification 62

Verification Online and Mobile Banking Fraud Prevention Privacy 62

PYMNTS

JULY 5, 2018

The problems of security, data breaches, identity verification and user authentication just keep getting bigger. When a consumer signs up for a service, they must enter their name, email address, phone number, Social Security number and more. If Uber has a token, then it must only work with Uber.

EMV 41

EMV Mitigation Credit Cards Data Breach 41

PYMNTS

APRIL 30, 2019

As criminals gain skills — and benefit from more sophisticated organizational structures — the fight against hacking, ID theft and data breaches must keep moving into higher gear. That’s not only because of the motivation to fight and prevent fraud, though that is certainly a big part of it. More than 95 percent of people in the U.S.,

Verification 64

Verification Authentication Online and Mobile Banking Law Enforcement 64

PYMNTS

SEPTEMBER 22, 2017

We currently verify credentials issued by over 200 countries, including the government IDs issued outside the U.S. We also keep a close eye on emerging cyber threats and data breaches. These are the sites that ask you for the last four digits of your social security number, your favorite pet’s name and your place of birth.

Online and Mobile Banking 56

Online and Mobile Banking Verification Data Breach Breach 56

PYMNTS

APRIL 3, 2019

One can certainly argue that a good many consumers have become numb to the prospect of data breaches , and continue to use “free” online services despite growing misgivings about the data trade-off that makes those services possible. and a large and growing segment of consumers around the world.

Verification 59

Verification Money Laundering Authentication API 59

PYMNTS

AUGUST 24, 2016

Typically, this begins with hackers gaining access to stolen credentials through the types of massive data breaches that have made headlines in recent years. Whether its payment data or personally identifiable information (PII), the compromised credentials are quickly turned around and sold to fraudsters.

Credential 41

Credential Bitcoin Law Enforcement Database 41

PYMNTS

SEPTEMBER 18, 2017

The options aren’t much better, and hinge on a significant quandary: How do they know that the person for whom they are opening a new account, authorizing a transaction on a credit card or extending a line of credit is the rightful owner of the credentials they’ve produced? .

Breach 46

Breach Identity Theft Credential Authentication 46

PYMNTS

MAY 16, 2018

How often does one get to read that sentence in this modern era of data breaches and hacks? Due to this credentialing, Pappano said that disputes and chargebacks are actually less of a problem in online gaming and wagering than in traditional eCommerce environments.

Regs 40

Regs Legal Disputes Laws 40

PYMNTS

NOVEMBER 7, 2019

Some said they even doubted his security expertise and worried about the length of time it took to deal with problems, sources said. 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.

Data Breach 40

Data Breach Breach Security FBI 40

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

PYMNTS

AUGUST 16, 2019

Capital One employees raised red flags over security risks before the company suffered a massive data breach. The breach impacts about 100 million individuals in the United States and around 6 million in Canada.

Caps 67

Caps Security Cybersecurity Breach 67