Payments Source

MAY 23, 2017

million to settle state lawsuits over a 2013 hack of its database when the personal information of millions of customers was stolen, according to New York Attorney General Eric Schneiderman. Target Corp. agreed to pay $18.5

Data Breach 60

Data Breach Breach Database Data Security 60

VISTA InfoSec

JANUARY 22, 2024

While the previous two requirements focused on network and access control, Requirement 3 tackles the crucial issue of securing sensitive cardholder information once it’s captured and stored. It boils down to minimizing the risk of data breaches and maximizing the security of cardholder information. PCI DSS v3.2.1

PCI DSS 100

PCI DSS Encryption Procedures Authorization 100

Clearly Payments

MARCH 4, 2024

From large-scale data breaches to intricate schemes, fraudulent activities have left lasting marks on the financial landscape. Target Data Breach (2013) In the saga of payment processing fraud, few chapters loom as large as the Target data breach of 2013.

Phishing 59

Phishing Data Breach Law Enforcement Money Laundering 59

CB Insights

OCTOBER 18, 2018

Keeping enterprise data secure is one of the biggest challenges corporations now face. Corporations increased the number of times they mentioned cybersecurity on earnings calls nearly three-fold since 2014, according to CB Insights data. CB Insights put together a research series on the future of data security.

Cybersecurity 57

Cybersecurity Encryption Data Breach Data Security 57

VISTA InfoSec

JUNE 18, 2024

As cyber threats evolve, safeguarding your organization’s data has become an utmost priority. Whether you’re a small business owner, a corporate leader, or an Information and Communication Technology (ICT) specialist, the consequences of a data breach are severe and far-reaching.

Data Security 208

Data Security Security Encryption Cybersecurity 208

Segpay

APRIL 22, 2024

” The tokenized data returns to the payment gateway, which completes the transaction using the token. The merchant receives the token and stores it in their database rather than storing Michael’s actual card number. Network tokenization offers a layer of protection by limiting the exposure of sensitive card data.

Data Breach 52

Data Breach Risk Online and Mobile Banking PCI DSS 52

Stax

JANUARY 8, 2024

Common risk management strategies for PayFacs include proper merchant vetting and onboarding, transaction monitoring and fraud prevention, chargeback mitigation, KYC/AML compliance, and data breach prevention. Reputational risks Risks associated with things like data breaches, poor customer service, company controversies, etc.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

VISTA InfoSec

JULY 31, 2023

The PCI DSS Checklist is a crucial first step in securing your business. It’s a tool that helps businesses ensure they’re meeting all the requirements of the Payment Card Industry Data Security Standard (PCI DSS). Doing so can help reduce the scope of PCI DSS compliance and minimize the risk of data breaches.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

PYMNTS

DECEMBER 3, 2018

The fines stem from data breaches against the company that came in 2016. the fine was levied by the Information Commissioner’s Office (ICO) against Uber for nearly $491,000, while the Dutch Data Protection Authority fined the company nearly $679,000. In addition, data on 82,000 drivers based in the U.K. Within the U.K.,

Data Breach 69

Data Breach Breach Processors Blockchain 69

PYMNTS

APRIL 5, 2018

According to Reuters , the suit alleges that the credit reporting firm failed to protect its databases or provide prompt notice of the massive data breach that exposed the personal data of 147 million people. These allegations state a viable claim for violation of the data security regulations,” Salinger wrote.

Federal Trade Commission 43

Federal Trade Commission Request for Comment Breach Data Breach 43

PYMNTS

DECEMBER 4, 2018

We must give credit to the criminals who engineered the recently disclosed data breach that could end up impacting some 500 million guests of Marriott International. Let’s try this a different way, if only to make a vital point with insincerity. Good for them! Well, not really. Prevention Strategy.

Breach 68

Breach Data Breach Authentication Database 68

PYMNTS

APRIL 5, 2018

Managing application secrets like database credentials, passwords or API keys is easy when you’re working locally with one machine and one application. As you grow and scale to many distributed microservices, it becomes a daunting task to securely store, distribute, rotate and consume secrets.

Credential 40

Credential Cybersecurity Database Data Breach 40

CB Insights

MARCH 27, 2019

Already this year, at least 30 organizations — including coffee chain Dunkin’ and cloud provider Rubrik — experienced major data breaches. Read our future of data security report for more on this topic. ). Cybersecurity is a hot topic today. Most recently, Dow Jones saw over 2.4M

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

PYMNTS

SEPTEMBER 14, 2020

Even diligent and well-meaning professionals can cause a breakdown in data security, with Van Dyke adding that he's seen "dedicated employees literally cry under deposition" because they feel so terrible about falling victim to a cyberattack. Blackbaud's data breach isn't unique, per se.

Breach 52

Breach Multifactor Authentication Ransomware Email Compromise 52

VISTA InfoSec

JANUARY 9, 2024

As we all know, data security is a constantly evolving field, and it’s essential to keep up with the latest standards and requirements. That’s right, the PCI Security Standards Council (SSC) has announced the release of the new and improved PCI DSS v4.0, And mark your calendars, because the current PCI DSS v3.2.1

PCI DSS 113

PCI DSS Procedures Authorization Security 113

Exact Payments

JULY 1, 2024

By Jeremy Smillie, VP of DevSecOps at Exact Payments In an era where data breaches are not just threats but realities, protecting Personally Identifiable Information (PII) is more crucial than ever. At Exact Payments, we understand the magnitude of the responsibility of handling such sensitive data.

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

PYMNTS

APRIL 3, 2018

“Panera Bread uses sequential integers for account IDs, which means that if your goal is to gather as much information as you can instead about someone, you can simply increment through the accounts and collect as much as you’d like, up to and including the entire database,” Houlihan told KrebsOnSecurity.

Breach 51

Breach Data Breach Database Scams 51

Nanonets

AUGUST 16, 2024

  With automation, insurers can automate repetitive tasks such as manual data entry and document verification, speed up claim processing to increase efficiency and accuracy and minimize errors and fraud. Integrations: Automation pulls data from multiple sources, databases, third-party tools, etc.,

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

PYMNTS

JANUARY 30, 2019

29) after being alerted to the leak , which was discovered by security researcher Oliver Hough. The database, running on a hosted Amazon Elasticsearch server, held tens of gigabytes of data, including customer names, contact information and case work for each corporate client. The exposed server wasn’t protected with a password.

Database 57

Database Breach Security Governance 57

PYMNTS

OCTOBER 10, 2019

Security Awareness. The storage of sensitive debit and credit card information in databases that, depending on the market, are subject to different levels of regulation can create security concerns. How many data breaches have we seen?” Whenever data is stored, there is potential for exposure.”.

Real Time Payments 80

Real Time Payments Push-to-Card Payments Debit Card 80

PYMNTS

JANUARY 30, 2020

The government bureau CERT-In , which manages cybersecurity issues in India, was also informed of the breach, the researcher said. CERT-In reaffirmed that a security lapse had taken place and told SpiceJet. The airline then took steps to secure the database. “At

Breach 80

Breach Correspondent Research Database 80

PYMNTS

APRIL 25, 2018

Today, she explained, the company has multiple databases for its various engagement channels. Working with SessionM to aggregate those databases is the first step toward offering more personalized experiences, Masullo said. Loyalty Goes Both Ways.

Database 43

Database Data Breach Checks Breach 43

Stax

NOVEMBER 6, 2023

Loss, corruption, improper use, and unwanted access to a company’s data assets can lead to immense negative publicity, which in turn can cause irreparable reputation damage, fines, sanctions, and loss of profits. Moreover, companies need to follow data privacy and compliance requirements to stay in business.

Encryption 88

Encryption PCI DSS Data Security Origination 88

PYMNTS

MAY 25, 2016

One firm’s risk is another firm’s big opportunity, particularly when it comes to data security — a reality well-illustrated by the team at BigID , who has emerged from stealth this week to offer up its SaaS solution for privacy management. ” Sirota has a long background in digital security.

Transactions 40

Transactions Database Data Breach Breach 40

PYMNTS

MAY 25, 2016

One firm’s risk is another firm’s big opportunity – particularly when it comes to data security – a reality well illustrated by the team at BigID – who have emerged from stealth this week to offer up their SaaS solution for privacy management. So how exactly does BigID find all that very salable risk?

Transactions 40

Transactions Database Data Breach Breach 40

Nanonets

MARCH 30, 2023

Manual data entry involves the use of human operators to input data into a computer system or database, and this process can be time-consuming and error-prone. OCR technology can also help improve data security and privacy. Many of these processes are manual, which can lead to errors, delays, and inefficiencies.

Automation 52

Automation Process AI Research 52

PYMNTS

JANUARY 22, 2019

That’s because consumer data resides in different places and databases — and retrieving that data brings technical and logistical challenges, even for a business bent on following both the spirit and letter of GDPR. In addition, the various business units, where all that data resides, “don’t always talk to each other,” he said.

Privacy 78

Privacy Regulations Payments Authentication 78

EBizCharge

MAY 14, 2024

Automated billing systems work by integrating with a company’s existing financial and customer databases and their accounting software. How does automated billing work?

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Nanonets

DECEMBER 4, 2023

AI-driven tools can quickly compare the order information against your database to confirm the accuracy and check for discrepancies. Enhance data security and compliance Automating order processing also means ensuring the data is secure and the system complies with relevant regulations.

Automation 52

Automation Process Payment APIs and Integration Returns 52

PYMNTS

AUGUST 28, 2018

“We don’t actually see your data that you vault on VGS,” he explained. He pointed to LendUp , which uses the company’s service to issue credit card numbers that are swapped out for fake ones in LendUp’s databases. If the company gets hacked , the bad guys won’t be able to steal customer data.

Security 40

Security Payment APIs and Integration Breach Database 40

VISTA InfoSec

JANUARY 18, 2024

As a reminder, the Payment Card Industry Data Security Standard (PCI DSS) is a comprehensive set of security requirements that all organizations handling cardholder data must adhere to. These requirements’ main objective is to safeguard sensitive cardholder information and mitigate data breaches.

PCI DSS 262

PCI DSS Procedures Encryption Security 262

PYMNTS

MARCH 18, 2019

Now, those systems are often integrated into a single database or exchange data via tools such as APIs.” Obtaining that seamlessness in data movement means a company can manage employee data “from recruitment to retirement,” added Ferdowsi. In the beginning, each was an obvious disparate system.

Payroll 64

Payroll API Payment APIs and Integration Data Breach 64

Nanonets

AUGUST 22, 2023

Integration: Excel automation facilitates integration with other software, databases, and systems, ensuring data flows seamlessly. Modernization: Excel automation bridges the gap between legacy processes and contemporary data-driven practices, enabling businesses to evolve.

Automation 52

Automation Process Volume Consulting 52

PYMNTS

SEPTEMBER 28, 2017

People are going to look now more than ever,” Barnhardt said, especially to ensure the companies with which they do business are keeping data secure. Single-point solutions and model scores are one-dimensional and can only be effective if they have the right data, he noted. They want to be validated, he added.

Enrollments 43

Enrollments Breach Fraud Detection Social Security 43

FICO

AUGUST 27, 2018

regulators to develop a system similar to a regulatory sandbox, establishing a national data security and breach notification standard and calling for the rescission of the Bureau of Consumer Financial Protection (BCFP) payday/small dollar lending rule.

FinTech 49

FinTech Treasury OCC Federal Trade Commission 49