Finextra

MAY 14, 2024

Banco Santander has reported a data breach at a third party provider that exposed client and employee data.

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Data Breach Breach 75

The Paypers

JULY 11, 2024

Schubert Jonckheer & Kolbe LLP is investigating a data breach affecting 33.4 million Authy users, a multifactor authentication app by Twilio.

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Data Breach Multifactor Authentication Breach Authentication 36

PYMNTS

FEBRUARY 1, 2021

The Interstate Technology & Regulatory Council (ITRC) released new data on the state of cyberattacks and data breaches with some surprising news: data breaches were actually down in 2020 year-over-year. 19 percent fewer data breaches occurred in the U.S. Canada, Australia and Europe, reports said.

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Data Breach Breach Business Email Compromise Scams 136

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?

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Finextra

MARCH 8, 2024

million) by the country’s data protection authority over 2018 data breach case. UniCredit, Italy’s second-largest bank, has been fined €2.8 million (£2.3

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Data Breach Breach Authorization 52

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).

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PYMNTS

JULY 27, 2020

The FinTech on Saturday (July 25) confirmed the data breach after reports emerged that details involving as many as 7.5 million banking users had been exposed on a forum used by hackers to sell and swap ill-gotten data. In a blog post, Dave blamed the data breach on Waydev, a former third-party service provider.

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Data Breach Breach FinTech Third-Party Service Provider 98

The Paypers

APRIL 2, 2024

AT&T has suffered a data breach: personal information belonging to 73 million current or former AT&T customers has been exposed online.

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Data Breach Breach 36

Payments Dive

SEPTEMBER 26, 2023

The convenience retailer accused the card network company of breach of contract and unfair practices stemming from its 2019 malware attack.

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VISTA InfoSec

JULY 1, 2024

AMD) announced that it has launched a probe of a data breach carried out by a cybercriminal group called Intelbroker that led to several private documents and information being stolen which occurred early this month. American chip giant Advanced Micro Devices, Inc.

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CHIPS Cybersecurity Data Breach Breach 206

Payments Dive

JANUARY 20, 2023

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

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Data Breach Breach PayPal Credential 78

Payments Source

SEPTEMBER 9, 2020

Businesses must take steps to manage Shadow Code data breach risk by applying timely security patches and upgrading vulnerable open source libraries and third-party plugins, says PermiterX's Ameet Naik.

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Data Breach Breach Risk Security 69

PYMNTS

NOVEMBER 3, 2020

One of Sweden’s largest private insurers, Folksam Group , says a data breach affected one million of its clients. Folksam said it had accidentally allowed big tech companies to access customers’ private data, Bloomberg reported.

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Payments Source

JUNE 24, 2019

failed to fend off a lawsuit over a data breach that affected nearly 30 million users, one of several privacy snafus that have put the company under siege. Facebook Inc.

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PYMNTS

OCTOBER 16, 2020

s biggest data breaches. The data breach involved customers’ names, addresses, payment cards and CVV numbers, as well as usernames and passwords of BA employee and administrator accounts. Although $25.8 million is the largest fine handed down to date by the ICO, the BA attack is also one of the U.K.’s

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Payments Source

MARCH 14, 2018

While there is a collective sense that data breaches are simply a side effect of our digital existence, there are real costs for the companies impacted. The ones that are hit the hardest are the ones that are least able to weather the fines, remediation costs and lost reputation.

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Data Breach Breach Data Security Security 84

PYMNTS

JULY 24, 2020

There were sellers offering data from what could have been 278,531 accounts, although some may have been duplicates or fake, the report noted. “We are not aware of any data breach at this time,” an Instacart spokesperson told BuzzFeed News. “We We take data protection and privacy very seriously.

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PYMNTS

DECEMBER 20, 2019

Gas station and convenience store chain Wawa said it discovered a data breach in which thousands of customers’ debit and credit card information was stolen, according to a report by CNBC. Wawa said its team stopped the breach on Dec. Wawa isn’t the only large company to be affected by a data breach recently.

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PYMNTS

DECEMBER 20, 2018

The French Data Protection Authority said Thursday (Dec. 20) that it fined Uber $460,000 over its 2016 data breach that exposed the data on 57 million customers and drivers across the world. Uber paid hackers to hide the breach for about a year before it was disclosed. fined the ride-hailing company $490,760.

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PYMNTS

MAY 20, 2020

Home Chef, the Chicago-based meal kit and food delivery company, announced a data breach after a hacker sold information on its 8 million customers on a dark web marketplace, according to Bleeping Computer. While the passwords leaked in this data breach were encrypted, the report said, cybercriminals can use programs to reveal them.

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PYMNTS

MARCH 31, 2020

Marriott International experienced a massive data breach in an “incident” that involved a property system. million guests might have been involved in the data breach. However, the company noted that not all of that data was present for every guest involved.

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Data Breach Breach Credential Assessments 56

Bank Automation

FEBRUARY 15, 2024

Financial institutions prioritize investment in cybersecurity technology but no matter how much they spend for protection, their systems and data remain vulnerable. “You could never say any organization is 100% secure and they’ll never be hacked,” Ray Kelly, fellow at cybersecurity company Synopsys Software Integrity Group, told Bank Automation News, (..)

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Data Breach Breach Security Cybersecurity 72

PYMNTS

DECEMBER 27, 2019

Multiple lawsuits seeking class action status have been filed in Philadelphia over a data breach at Wawa convenience stores, which affected 850 locations along the East Coast of the U.S., Wawa recently came forward with information that it found malware on its payment processing servers, and that it stopped the breach on Dec.

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PYMNTS

NOVEMBER 24, 2019

A recent data breach exposed the personal data of more than 1 million prepaid T-Mobile customers, reports said on Friday (Nov. The information exposed did not include any financial information, social security numbers or password data. The company found that in 2018, breaches cost a company $1.23

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PYMNTS

SEPTEMBER 21, 2019

As lawmakers ponder this risk, PYMNTS highlights some of the newest data points uncovered by researchers examining small business cybersecurity. 149,000: the average cost of a data breach for a small-to-medium sized business , according to AppRiver.

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Data Breach Breach Small Business Business Email Compromise 80

PYMNTS

DECEMBER 16, 2018

According to the report citing the Irish Data Protection Commission, Facebook is under investigation by the regulator over allegations it failed to protect the privacy of its users. It confirmed to CNN late last week that it started a “statutory” inquiry into the social media giant after it received several reports of data breaches.

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Data Breach Breach Regulations Privacy 80

PYMNTS

JANUARY 25, 2019

25), the DPC said it was again looking into the social media giant because of another breach notification it received from the company, according to a report from Reuters. The DPC has this week opened a new statutory inquiry into the latest data breach it received from Twitter on 8 January, 2019,” the Commission said on its website.

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Data Breach Breach Privacy Audit 76

Payments Source

SEPTEMBER 29, 2017

Equifax's data breach may be the most serious, given that it covered 143 million consumers and involved reams of confidential information, but it wasn't the largest. Following are the biggest to date.

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Data Breach Breach Consumer Cybersecurity 62

PYMNTS

OCTOBER 1, 2018

A new survey from Bank of America shines a spotlight on the increasing concerns — and increasing costs — of data breaches. According to the bank, 22 percent of consumers who have already had their personal or bank information stolen by a data breach said they would not shop at a small business that had fallen victim to a data breach.

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PYMNTS

JULY 21, 2019

The 2017 Equifax data hack affecting more than 143 million people worldwide will cost the company about $700 million. . The credit reporting company is close to a deal to settle data breach probes, The Wall Street Journal reported July 19, citing people familiar with the matter. . The payment is part of a settlement with U.S.

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PYMNTS

MARCH 13, 2020

Princess Cruises disclosed a potential data breach in a notice posted on its website. The travel company said that from April 11 to July 23 of last year a third party attained “unauthorized access” to select staff email accounts that had personal information regarding its staff, customers and crew.

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Data Breach Breach Law Enforcement SARS 68

PYMNTS

FEBRUARY 20, 2020

11 advised possible victims that there was a “data breach” involving a system run by the agency. Social Security numbers and other sensitive information are believed to have been breached between May and July of 2019, the letter said. The agency’s letter indicated that there was no evidence that stolen personal data was misused.

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PYMNTS

SEPTEMBER 19, 2019

The carrier said in a statement that Malindo Airways passenger data may have been comprised, Bloomberg reported. its data service provider, to probe the data breach. “We Malindo is at work with GoQuo, an eCommerce partner, and Amazon Web Services Inc., It is only affecting the Malaysian and Thailand operations.”.

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PYMNTS

MARCH 7, 2019

Senate Homeland Security and Governmental Affairs Subcommittee on Investigations, executives from Equifax and Marriott were called out on their companies’ recent data breaches , while other witnesses helped describe the current landscape when it comes to online privacy and data security. During a hearing for the U.S.

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Data Breach Breach Privacy Federal Trade Commission 71

PYMNTS

AUGUST 2, 2019

In a recently reported data breach, Poshmark said it recently learned that an unauthorized third party acquired data from some users. The fashion marketplace company said the information does not include physical addresses or financial data, according to a web post.

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Payments Source

MAY 29, 2018

A direct correlation between the chip migration and rampant merchant data breaches is hard to prove. But experts say retailers' prioritization of EMV compliance contributed to other payment card security gaps, leading to the current high level of merchant data breaches.

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PYMNTS

NOVEMBER 15, 2018

15) the results of the third annual Ponemon Institute’s “Data Risk in the Third-Party Ecosystem” study, which found that 59 percent of companies surveyed said they have experienced a data breach caused by their vendors or third parties. Opus said that in the U.S., Opus said that in the U.S.,

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