Payments Dive

MAY 14, 2018

Don't let a data breach derail your business. Bluefin's PCI-validated P2PE solutions encrypt cardholder data at the point of interaction and are available to all merchants and processors utilizing the TNS network

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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. In response to a request for comment from PYMNTS, Home Chef sent a link to its Q&A page about the breach.

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PYMNTS

FEBRUARY 1, 2019

Home improvement startup Houzz revealed that it suffered a data breach. The company said in a FAQ on its website that the breach was discovered in late December 2018, and that “a file containing some of our user data was obtained by an unauthorized third party.”.

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Data Breach Breach Law Enforcement Encryption 80

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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VISTA InfoSec

OCTOBER 21, 2024

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. The TPM can securely store and generate cryptographic keys, passwords, certificates, and encryption keys. However, manufacturers DO.

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Cybersecurity Encryption Fraud Detection CHIPS 130

Payments Dive

AUGUST 12, 2019

As criminal activity evolves, the challenge is on for companies to keep pace with the latest data breach threats. Download this infographic from TNS which looks at the challenges organizations are facing when developing and evolving their security plans.

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PYMNTS

MAY 19, 2020

BlockFi suffered a “temporary data breach” on May 14 that exposed some customer information, the company reported in an incident report. The company said that a third party breached and used the phone number of a BlockFi staffer to get into a part of the company’s encrypted back-office system without permission.

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PYMNTS

JANUARY 4, 2019

Following reports of its data breach last year, Marriott said on Friday (Jan. ” However, the company said, “there is no evidence that the unauthorized third party accessed the master encryption key needed to decrypt the encrypted passport numbers.” million encrypted passport numbers in addition to the 5.25

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PYMNTS

FEBRUARY 21, 2019

Security and technology consulting company Accutive is rolling out a new solution designed to give enterprises an alternative to data encryption to protect sensitive information. 20), Accutive said it is launching its Data Discovery and Data Masking solutions. In a press release on Wednesday (Feb.

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Encryption Compliance Data Breach Data Encryption 51

PYMNTS

DECEMBER 15, 2016

Reportedly, an unauthorized third party stole data associated with the more than 1 billion Yahoo user accounts back in 2013. This billion-user figure means this newest hack is the largest data breach in the digital era. billion buyout of its core assets, said it would review the impact of the latest breach.

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PYMNTS

DECEMBER 6, 2018

The hackers behind that data breach at Marriott International may have been working for the government of China as part of an intelligence-gathering effort, reported Reuters. In what may be among the largest data breaches in history, Marriott International said Friday morning (Nov.

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Data Breach Breach Database Disputes 55

Basis Theory

NOVEMBER 12, 2024

As a merchant, to understand tokenization for your own benefit, it’s critical to understand: What tokenization is, why it’s important for payments, and how it compares to encryption. How developers can use a tokenization platform to secure protected data without the costs and liabilities of building their own system.

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Encryption Payment APIs and Integration PCI DSS Returns 88

PYMNTS

NOVEMBER 30, 2018

In what may be among the largest data breaches in history, Marriott International said Friday morning (Nov. 30) that as many as 500 million guests’ data was accessed, tied to a breach of the Starwood hotel guest reservation database.

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Data Breach Breach Database Encryption 43

PYMNTS

DECEMBER 31, 2018

So far this year (and there’s still one more day), Verizon reported that there have been 2,216 confirmed data breaches across 65 countries. Even more disturbing, perhaps, is that 68 percent of those breaches took months for the breached companies to discover. According to early reports, the data breach impacted 0.5

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Data Breach Breach Database Compromise 92

PYMNTS

OCTOBER 17, 2017

In a blog post , the company announced news that the data breach may have happened several years ago, but that it was only recently alerted to the cyberattack. However, the encryption algorithms used to secure passwords back in 2013 aren’t valid anymore because of advancements in computer hardware.

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Stax

MARCH 4, 2024

Taking precautions to implement security measures like firewalls and cybersecurity training helps to protect cardholder data and other sensitive information from cybercriminals. It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place.

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Stax

NOVEMBER 6, 2023

Moreover, companies need to follow data privacy and compliance requirements to stay in business. There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. The resulting token is essentially a proxy and has no real value.

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Encryption PCI DSS Data Security Origination 88

VISTA InfoSec

JANUARY 22, 2024

It boils down to minimizing the risk of data breaches and maximizing the security of cardholder information. This is achieved through a multi-pronged approach: Data Encryption: Requirement 3 mandates the use of strong cryptographic controls such as encryption for stored cardholder data. PCI DSS v3.2.1

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PYMNTS

OCTOBER 31, 2016

According to the report, the banking regulator said the data breach had to do with a former employee at the agency removing more than 10,000 records without receiving authorization to do so. The data on the thumb drives was encrypted, and there isn’t evidence that shows the data taken was misused or disclosed to anybody.

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Office of the Comptroller of the Currency Data Breach Breach OCC 74

PYMNTS

JUNE 29, 2018

Another day, another (possible) data breach: Adidas revealed that it has come under attack from cybercriminals looking to steal personal information. The breach could potentially affect millions of customers, who were notified on Thursday (June 28) about the incident on the Adidas U.S.

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VISTA InfoSec

APRIL 28, 2024

The Payment Card Industry Data Security Standard (PCI DSS) compliance 4.0 offers essential guidelines and a framework to safeguard cardholders’ data and mitigate any potential data breaches that may occur in banks. Protecting stored cardholders’ data.

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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. We implement TLS 1.3,

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Data Security Security Encryption Payment APIs and Integration 52

PYMNTS

APRIL 24, 2018

The Securities and Exchange Commission (SEC) announced news on Tuesday (April 24) that Altaba , the entity formerly known as Yahoo, has agreed to pay a $35 million penalty to settle charges related to the massive data breach at Yahoo that exposed the personal data of hundreds of millions of users.

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VISTA InfoSec

MAY 24, 2024

Understanding PCI DSS Developed by the Payment Card Industry Security Standards Council (PCI SSC), it is mandatory for all businesses to be PCI compliant to protect cardholders, companies, the Merchants and Service Providers they do business with from data breaches, fraud, and unauthorized access.

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PYMNTS

OCTOBER 5, 2020

These providers could also partner with PCI compliance solutions providers to deliver end-to-end encryption support, managed firewall services and other tools to their sellers. Retailers already turn to these one-stop solutions to connect with different payment gateways and tokenize their card data.

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Payments Source

MARCH 29, 2018

POS payment encryption products are widely available and have been for many years, from technologies designed to secure card data from the point it is entered into the payment terminal, writes Ruston Miles, founder and chief strategy officer of Bluefin Payment Systems.

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Stax

SEPTEMBER 17, 2024

While the news may bring breaking headlines about stolen or lost data from large corporations, every business can take the steps necessary to secure sensitive data. TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. So how can your business stay PCI compliant?

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Credit Cards PCI DSS Compliance Process 88

Fi911

MARCH 26, 2024

Once the information is entered, it’s immediately encrypted and sent to the tokenization system. This system then generates a unique token that represents the customer’s original payment data. Tokenization, on the other hand, replaces sensitive data with a unique identifier.

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PYMNTS

JANUARY 27, 2017

As if Yahoo didn’t have enough on its plate, the tech company is now facing a probe from the Securities and Exchange Commission as to whether or not it could have acted more promptly in response to two massive data breaches that left over a billion customers’ information compromised. America’s Data Breach Problem.

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VISTA InfoSec

JULY 31, 2023

Segregation of Networks: This involves isolating the cardholder data environment (CDE) from the rest of the business’s network. Doing so can help reduce the scope of PCI DSS compliance and minimize the risk of data breaches. Hackers target data in transit, making it important to implement safeguards and encryption measures.

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VISTA InfoSec

APRIL 5, 2024

Operational interruption happens when cybersecurity is breached. Data breaches don’t easily get overlooked. The aftermath of a data security concern could change the landscape of your business, depending on the incident. Also, training employees in the appropriate handling of data will significantly improve security.

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Best Practices Business Continuity Continuity Compromise 278

VISTA InfoSec

APRIL 12, 2024

Moreover, proxies can encrypt your data, adding an extra layer of security that shields sensitive information from hackers and eavesdroppers. The Role Of Proxies In Cybersecurity The primary role of a proxy server in cybersecurity is to act as a barrier between you and the websites you visit.

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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.

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Payments Source

APRIL 20, 2018

EMV, encryption are all necessary to protect merchants from data breaches, writes Jeff Zimmerman, COO of Clearent. PCI compliance can't solve all security problems.

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Fintech News

APRIL 10, 2024

This merger brings together Entrust’s security solutions with Onfido’s advanced identity verification technology, aiming to address the growing threats of identity fraud and data breaches. said Todd Wilkinson, President and Chief Executive Officer, Entrust.

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Stax

MARCH 15, 2024

The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing.

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Clearly Payments

OCTOBER 22, 2024

PIN Encryption : Once the customer enters the PIN, it is encrypted immediately to protect the information. Encryption ensures the PIN cannot be intercepted or stolen during transmission. Verification : The encrypted PIN is sent to the card issuer’s system, where it is matched against the cardholder’s stored PIN.

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Debit Card Credit Cards Point-of-Sale (POS) Encryption 84