Remove Data Breach Remove Enrollments Remove Social Security
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Healthcare.gov Hack Exposes Consumer Data

PYMNTS

The Centers for Medicare and Medicaid Services ( CMS ) confirmed on its website that it was the victim of a data breach in October — the Marketplace system used for agents and brokers was hacked. Please be assured that all information will be protected during Open Enrollment,” CMS wrote in the letter. “At

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Equifax Offers Free Credit Monitoring — Via Rival Experian

PYMNTS

Equifax has extended its free credit monitoring to all Americans affected by last year’s massive data breach , but this time, it’s using a service offered by rival Experian. You have until January 31, 2019, to enroll in this extension of free credit monitoring through IDnotify , a part of Experian.”.

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Digital Identity Takes On Medical Data Theft

PYMNTS

With data showing that 45 percent of all 2019 data breaches — and there were a lot of them — involved medical records theft, costing healthcare providers $429 per compromised patient record or nearly $18 billion, organizations can’t be confused about their value to cyberthieves. Medical Records = Dark Web Gold.

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GIACT On Why Faster Payments Don’t Have To Mean Faster Fraud

PYMNTS

If businesses understand the customer they have enrolled, and they know who they are consistently, there are a lot fewer issues with running payments in real time or same day. The problem may be visible with the payment, but it started at the enrollment process when the criminal was allowed access into the system. What’s Next.

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Fighting Fraud By Finding The Gaps

PYMNTS

Between the Equifax hack last year, the Exactis hack last month and the thousands of other data breaches, big and small, that happened between them (not to mention before them), the average American consumer can rest assured that some or all of their personal data is floating around the dark web these days.

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Digital Identity, (Way) Beyond The Social Security Number

PYMNTS

The more individuals leave a trail of information across websites, the more tempting the targets are for hackers to make off with everything from Social Security numbers to health care information. Your security question with your dog’s name? The more business is done online, the more fraud makes inroads. They ain’t cutting it.

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What Is Data Tokenization and How Does It Work?

Stax

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.