PYMNTS

SEPTEMBER 11, 2017

Equifax, the credit scoring company that suffered a data breach that impacted as many as 143 million Americans, is blaming a vendor software flaw in its online databases. According to Equifax, the impacted information includes names, Social Security numbers, birthdates, addresses and, in some instances, drivers’ license numbers.

Database 66

Database Breach Identity Theft Data Breach 66

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

VISTA InfoSec

JULY 5, 2023

Adherence to these regulations is paramount for safeguarding sensitive patient information from data breaches and cyber attacks. From March 2021 to March 2022, the average cost of a data breach in healthcare was over $10 million, up from $9.23 Thus, protecting EHRs is crucial to avoid data breaches from hackers.

PCI DSS 130

PCI DSS Compliance Data Breach Breach 130

PYMNTS

MARCH 1, 2018

Equifax , the credit scoring company embroiled in a 2017 data breach scandal, disclosed news on Thursday (March 1) that has identified 2.4 million consumers by referencing other information in proprietary company records that the hackers didn’t steal and by tapping the resources of an outside data provider.

Data Breach 41

Data Breach Breach Social Security Database 41

PYMNTS

MAY 19, 2020

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. Meanwhile, BlockFi suffered a “temporary data breach” on May 14 that exposed some customer information, the company reported in an incident report.

Digital Currency 59

Digital Currency Data Breach eWallet Database 59

PYMNTS

JULY 30, 2019

Thompson formerly worked for Amazon Web Services, which hosted the Capital One database that was breached. 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.

Breach 87

Breach Law Enforcement Data Breach Social Security 87

PYMNTS

JULY 4, 2018

Following the massive data breach at Equifax last year, the cybersecurity sector has flourished – and so have some of the investments that track the industry. The ETFMG Prime Cyber Security ETF, for example, has risen 18 percent this year, CNBC reported. The company also reported that 209,000 U.S. consumers.

Cybersecurity 76

Cybersecurity Data Breach Breach Disputes 76

PYMNTS

AUGUST 16, 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. “We

Caps 67

Caps Security Cybersecurity Breach 67

PYMNTS

DECEMBER 31, 2019

It’s kind of like being on the “worst dressed list” except that we’re talking about stolen data and, probably, lots of lawsuits. Welcome, then, to the Top Data Breaches of 2019. Thousands of breaches. In data coming into the end of the year, Risk Based Security said hackers had accessed 7.9 Size and Scope.

Data Breach 58

Data Breach Breach Social Security Compromise 58

Stax

NOVEMBER 27, 2023

Of course, financial criminal activity doesn’t have to just lead to monetary loss—it could also lead to a data breach of customer information. This includes their name, date of birth, address, and identification number (such as a social security number). trillion a year. This legal requirement was codified into U.S.

Due Diligence 88

Due Diligence Money Laundering AML Financial Crimes 88

PYMNTS

JANUARY 24, 2019

Data and analytics company Ascension has suffered a data leak that exposed more than 24 million loan and mortgage documents from some of the country’s biggest banks. The database, which is believed to have been exposed for two weeks, was discovered by independent security researcher Bob Diachenko.

Law Enforcement 62

Law Enforcement Social Security Database Agreements 62

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. A judge has ruled that the state of Massachusetts can move forward with its lawsuit against Equifax.

Federal Trade Commission 43

Federal Trade Commission Request for Comment Breach Data Breach 43

PYMNTS

FEBRUARY 1, 2019

The Aadhaar number — a sort of 12-digit confidential Social Security number — was accessible as a file name with the person’s photo. While not completely secret, Aadhaar numbers can be used to verify identities for citizens who want social services, or to do even more everyday tasks, like call an Uber or rent an Airbnb.

Compromise 40

Compromise Breach Database Social Security 40

PYMNTS

JUNE 20, 2019

That convenience comes at a price, though: the risk of not only insurance fraud, but regulatory violations and data breaches, which can expose the most personal information about millions of consumers, as well as leave healthcare providers and retailers at risk for ruined reputations and ruinous lawsuits.

Authentication 55

Authentication Breach Law Enforcement Data Breach 55

PYMNTS

NOVEMBER 12, 2019

consumers had their PII compromised in 2018 alone, and half of all consumers can find their birthdates, passwords, credit card details or even their Social Security numbers floating on the dark web. Half also have more faith in finance to be best prepared to deal with a data breach.

AI 40

AI Compromise Breach On-Demand 40

PYMNTS

AUGUST 15, 2019

In the days before eCommerce, before data breaches grabbed everything from Social Security numbers to passwords, before fraudsters began to craft synthetic identities, strong customer authentication was rather simple. These data points, he said, fall under the designation of static PII.

Authentication 53

Authentication Compromise Addressing Regulations 53

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

Stax

NOVEMBER 6, 2023

The payment service provider would have their own secure storage where the PII is stored. In other words, tokenization decouples sensitive information from the payment transaction thereby reducing the possibility of a data breach. are stored in a secure location by the payment processor.

Encryption 88

Encryption PCI DSS Data Security Origination 88

PYMNTS

SEPTEMBER 28, 2017

But in the world of identification fraud, there’s a greater sea change afoot, one that stretches farther than the impact on any one firm, or even the millions of adults targeted in the most brazen of breaches. Single-point solutions and model scores are one-dimensional and can only be effective if they have the right data, he noted.

Enrollments 43

Enrollments Breach Fraud Detection Social Security 43

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 15, 2017

The New York Post cited two sources with direct knowledge of the panel’s thinking, saying that while it had been just been focusing on traditional national security issues, it has now shifted its focus to foreign threats of identity fraud and data theft. as well as the credit card numbers of approximately 209,000 people.

Data Breach 51

Data Breach Breach Social Security Database 51

PYMNTS

JULY 23, 2018

Everything’s fair game, it seems, from names and Social Security numbers (SSNs) to account data, and even info gleaned off social profiles (more on this in a minute). Equifax may have its place as a watershed hack in the annals of data breaches , but it stands as only one of many. Don’t Look To The Law.

Social Security 41

Social Security Breach Data Breach Debit Card 41