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

FEBRUARY 10, 2020

And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 1, the first-class action lawsuit alleging data breaches under the CCPA was filed on Feb 5. The CCPA is similar to the European Union’s General Data Protection Regulation ( GDPR ), which took effect in 2018.

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CCPA Laws Privacy Data Breach 52

PYMNTS

JULY 11, 2018

Another retailer has been hit with a data breach. The data breach impacted one-half of one-percent of customers who were registered on Macys.com or Bloomingdales.com, spokeswoman Blair Rosenberg said Tuesday (July 10), according to Bloomberg. “We Macy’s is just the latest retailer to be hit with a data breach.

Data Breach 40

Data Breach Breach Compromise Social Security 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 What is data security in healthcare? million people.

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PCI DSS Compliance Data Breach Breach 130

PYMNTS

JANUARY 10, 2018

It’s unknown how long the pages were visible, and while it hasn’t been revealed how many people had their information exposed in the data breach, WSJ was able to see the records of more than 100 customers, including more than 50 with lockbox information, on just one day.

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Data Breach Breach Lockbox Social Security 43

PYMNTS

NOVEMBER 29, 2019

We have a deep dive on accounts payable (AP) automation, analysis on “Google Checking” and news on the T-Mobile data breach. T-Mobile Data Breach Puts Personal Data Of 1M+ Customers At Risk. A recent data breach exposed the personal data of over 1 million prepaid T-Mobile customers.

Data Breach 51

Data Breach Breach Checks Online and Mobile Banking 51

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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Data Breach Breach Security Risk 71

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

AUGUST 10, 2017

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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Social Security Security Credential Authentication 53

PYMNTS

JANUARY 2, 2019

One of the biggest problems with these types of data breaches is that many users repeat passwords over many sites, and when information is stolen from one company, it can often be used by another. Warby Parker said that is what happened with this breach. Retail hacking is a frequent problem for large companies.

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Cybersecurity Accounts Identity Theft Law Enforcement 74

PYMNTS

FEBRUARY 28, 2020

Failing to prevent a data breach is a surefire way to lose that trust, however. Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. Data Breaches Within And Without. It also revealed that 60.8

Credit Union 52

Credit Union CCPA Data Breach NCUA 52

PYMNTS

JULY 17, 2019

The AMCA’s eight-month breach was first disclosed in June when news broke that 11.9 The AMCA has advised CPL that patients’ Social Security numbers were not involved in the incident. In response to the breach, the AMCA sent notification letters to approximately 34,500 CPL patients. Days later, 7.7

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Breach Data Breach Social Security Compromise 40

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

OCTOBER 9, 2017

Financial company MSCI had warned Equifax a year before its massive data breach that there were signs it wasn’t protecting the data of its millions of customers. What’s more, MSCI scored a zero for the privacy and security of consumers’ data.

Cybersecurity 40

Cybersecurity Data Breach Federal Trade Commission Breach 40

PYMNTS

APRIL 30, 2018

Access Group Education Lending, the student loan servicing company, has been the subject of a data breach. Fox Business , citing a letter sent to those impacted, reported that 16,500 borrowers were recently alerted to the fact that files containing their personal data were improperly given to an unnamed business.

Data Breach 47

Data Breach Breach Social Security Encryption 47

PYMNTS

JULY 15, 2020

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.

Data Breach 58

Data Breach CCPA Social Security Breach 58

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

DECEMBER 10, 2018

A report by the House Oversight Committee has found that Equifax ’s massive data breach could have been easily prevented if its security practices and policies were up to par. Last year, the credit monitoring firm suffered a breach that impacted the personal data of more than 143 million consumers.

Breach 53

Breach Data Breach Cybersecurity Disputes 53

PYMNTS

APRIL 11, 2017

But as Coupa is looking to make strategic acquisitions and strengthen its service offerings, the company hit a speed bump last month when the firm was hit by a data breach that exposed IRS W-2 payroll forms of its workers. “A Coupa had 652 employees as of the time the news of the data breach emerged.

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Data Breach Phishing Scams Breach 46

PYMNTS

NOVEMBER 6, 2018

The standards put forth by the PCI Security Standards Council – the PCI Data Security Standards – offer a framework for ensuring data security, and they must be followed in order to avoid fines and other penalties. Particularly important for businesses is the “scope” of these standards. Gearing up for GDPR.

PCI DSS 71

PCI DSS Privacy Breach Irrevocability 71

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.

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Encryption PCI DSS Data Security Origination 88

PYMNTS

APRIL 30, 2019

On March 6, 2019, the FBI informed Citrix that the Bureau had reason to believe international cyber criminals gained access to Citrix’s internal network, according to the letter written by Peter Lefkowitz, the company’s chief privacy and digital risk officer.

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FBI Breach Data Breach Social Security 46

PYMNTS

AUGUST 7, 2019

The digital ID industry is devoting an immense amount of effort and capital to protecting digital identities as data breaches and privacy concerns continue to make headlines on a regular basis. Data breaches’ stakes are sky high for corporations, meaning ID security is even more important to the United States federal government.

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Multifactor Authentication Government Governance Data Breach 47

PYMNTS

JULY 2, 2018

Just a few weeks in, the data privacy law that has just taken root in the European Union already has some regulators seeking exemptions around the globe. In company-specific news, Equifax has struck an agreement with banking regulators across eight states that would bolster the firm’s security measures.

Regulations 40

Regulations Cross-Border Law Enforcement Data Breach 40

PYMNTS

OCTOBER 13, 2017

The Equifax data breach — impacting sensitive and valuable information ranging from Social Security numbers to birth dates and home addresses — affected more than 150 million people and counting, and it’s become clear that the “one-size-fits-all” approach is no longer effective.

Data Security 41

Data Security Account Takeovers Security Cybersecurity 41

PYMNTS

JUNE 4, 2019

That includes the sale and analysis of their personal data, and the potential security and fraud risks stemming from that. ID verification solutions are becoming more significant and sophisticated than they used to be,” Meier said.

Verification 62

Verification Online and Mobile Banking Fraud Prevention Privacy 62

FICO

JULY 7, 2020

Beware of people claiming to be part of reputable organizations, like research firms or government agencies, asking you for personal information like bank card numbers or your Social Security number. Additionally, update your privacy settings on social networks to restrict access only to people that you trust.

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Scams Smishing Phishing IRS 97

PYMNTS

NOVEMBER 1, 2018

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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Enrollments Data Breach Breach Cybersecurity 50

PYMNTS

DECEMBER 3, 2019

Digital identities are growing more important and omnipresent in everyday life, and the need to keep them secure grows more pressing by the day. Financial information, Social Security numbers and a host of other private data is wrapped up in each person’s digital identity, making a potential data breach catastrophic.

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Verification Authentication Breach Data Breach 52

PYMNTS

APRIL 20, 2018

The company does not believe it involved personally identifiable information, such as Social Security numbers, account numbers, pins, user IDs, passwords or driver’s license numbers. “We The company declined to name the location of the branch where the attempted breach took place or the identity of the criminal third party.

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Data Breach Breach Social Security Authorization 43

PYMNTS

AUGUST 9, 2018

Comcast Xfinity, the cable company, exposed partial home addresses and Social Security numbers of millions of customers, reported BuzzFeed News. Citing Ryan Stevenson , a security researcher who found the security vulnerabilities, BuzzFeed reported that the data of more than 26.5 million customers was exposed.

Addressing 41

Addressing Data Breach Social Security Breach 41

PYMNTS

SEPTEMBER 10, 2018

As noted late last week, a data breach at British Airways was revealed – one that affected more than 380,000 transactions done over the company’s website, and may be among the first test cases of GDPR’s reach and impact. That seems to be a promising data point showing a continued embrace of technology in financial services.

Credit Union 46

Credit Union Money Laundering Breach Online and Mobile Banking 46

PYMNTS

APRIL 25, 2019

Two consumer websites have settled with the Federal Trade Commission (FTC) over allegations that they did not secure consumers’ data, allowing hackers to breach both sites. As part of the settlement, Grago is prohibited from falsely claiming the extent of the security provided by any company he owns and operates.

FTC 53

FTC Data Security Security Consumer 53

PYMNTS

OCTOBER 23, 2018

“Although employee negligence and lost or stolen devices still result in many data breaches, a shift is occurring from accidental loss to intentional targeting of data that reveals individuals’ names, Social Security numbers and other personal information,” the study indicated.

Identity Theft 69

Identity Theft Blockchain Credit Cards Data Breach 69

PYMNTS

JANUARY 24, 2019

Some of the files included names, addresses, birth dates, Social Security numbers and bank and checking account numbers, as well as details of loan agreements. federal departments, including the Department of Housing and Urban Development.

Law Enforcement 62

Law Enforcement Social Security Database Agreements 62

PYMNTS

DECEMBER 1, 2017

All in, hackers managed to nab names, email addresses and phone numbers of 50 million Uber riders around the world, as well as the data of about 7 million drivers, which includes 600,000 U.S. The ride-sharing company said that no Social Security numbers, credit card information, trip location details or other data were taken.

Breach 57

Breach Data Breach Office of the Comptroller of the Currency Federal Trade Commission 57

PYMNTS

APRIL 30, 2019

States are moving to tighten their biometric privacy laws, following the lead of Illinois, which has what are considered to be the strictest protections in the U.S. As criminals gain skills — and benefit from more sophisticated organizational structures — the fight against hacking, ID theft and data breaches must keep moving into higher gear.

Verification 64

Verification Authentication Online and Mobile Banking Law Enforcement 64