PYMNTS

OCTOBER 31, 2016

2015 when the ex-employee downloaded a large number of files onto two thumb drives. The data on the thumb drives was encrypted, and there isn’t evidence that shows the data taken was misused or disclosed to anybody. The incident occurred in Nov. The employee then retired from the agency.

Office of the Comptroller of the Currency 74

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

FICO

OCTOBER 12, 2016

Globally, the European ATM Security Team reported a 19% increase in ATM-related fraud attacks from 2014 to 2015. jumped 174% from January-April 2014 to January-April 2015, while successful attacks at nonbank machines increased by 317%, as reported in the Wall Street Journal. What can banks do to protect their ATM machines?

ATM 64

ATM EMV Issuers Debit Card 64

PYMNTS

JUNE 27, 2017

Wealthy countries with developed financial and payment infrastructures are most likely to have their data encrypted and held for ransom by cybercriminals, according to a recent report by global cybersecurity company Kaspersky Lab. That’s up 19 percent from 2015-16, when Germany was the No. following closely in terms of risk.

Ransomware 72

Ransomware Data Encryption Best Practices Cybersecurity 72

PYMNTS

JANUARY 10, 2017

Bluefin Payment Systems, the provider of PCI-validated point-to-point encryption (P2PE) solutions for retail, health care and higher education, announced Tuesday (Jan. In 2015, Bluefin rolled out Decryptx, the company’s DaaS solution. 10) the issuance of two new patents by the United States Patent & Trademark Office.

PCI DSS 49

PCI DSS EMV Encryption Gateways 49

Stax

AUGUST 20, 2024

In 2015, Version 2 of 3D Secure was released as an improvement on the above system. This means implementing two-factor authentication, encryption, and tokenization measures to ensure that all customer data is securely stored and processed. What Role Do Encryption and Tokenization Play in 3D secure?

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

PYMNTS

JANUARY 27, 2020

One notable phishing attack occurred in 2015, when healthcare giant Anthem suffered a breach that compromised more than 80 million patient records. Two-factor authentication (2FA) or encrypting sensitive data can also help. The scheme originated from a number of phishing emails that targeted a handful of employees.

Phishing 99

Phishing Data Breach Breach Fraud Prevention 99

Clearly Payments

OCTOBER 3, 2024

trillion 2015 $2.9 Security Enhancements : Implementation of advanced encryption and authentication methods to protect against fraud. The rise of e-commerce has further boosted credit card usage, with online retail sales surpassing $1.2 trillion in 2023. trillion 2014 $2.7 trillion 2016 $3.1 trillion 2017 $3.4 trillion 2018 $3.7

Credit Cards 105

Credit Cards Contactless Payments Payments Point-of-Sale (POS) 105

PYMNTS

MAY 4, 2016

Bluefin Payment Systems, which offers point-to-point encryption (P2PE) solutions to several industries, including retail and health care, said on Tuesday (May 3) that it will also add the Visa Data Secure Platform (DSP) to its portfolio, through its Decryption-as-a-Service P2PE Solution.

Data Security 40

Data Security Security EMV Data Breach 40

PYMNTS

FEBRUARY 14, 2017

The partnership will enable BigCommerce to deliver Symantec’s Encryption Everywhere solution to its worldwide customer base. trillion worldwide by 2019, a near 400 percent increase from 2015. According to data from Juniper Research cited by BigCommerce, the cost of data breaches is projected to rise to some $2.1

Security 43

Security Encryption Best Practices Data Breach 43

PYMNTS

SEPTEMBER 26, 2016

from March 2015 to March 2016. Even banks sending and receiving encrypted data must prove their identity to access the data, and some of these methods are weak. Payments networks must constantly find new ways to battle incoming digital threats.

Online and Mobile Banking 78

Online and Mobile Banking SWIFT Credential Central Bank 78

PYMNTS

AUGUST 4, 2016

Because its new tool is signature-less and uses the encryption process of ransomware as a trigger, it can lessen the damage. The tool seeds the network with files to encrypt, which creates a trap for the ransomware, because when the ransomware encrypts the seed files, CryptoStopper.io detects the activity, isolating the threat.

Ransomware 40

Ransomware Encryption Scams Cybersecurity 40

Stax

NOVEMBER 13, 2023

Apple Pay caught up in 2014; in 2015, the wearables market made everyone aware of the tap’s potential. In 2015, many merchants switched to NFC-enabled terminals; by 2019, most banks were issuing contactless cards. Safety and Security Within the NFC transaction process are encryption protocols to secure the data being transmitted.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

PYMNTS

NOVEMBER 15, 2016

It is effectively impossible for the vast majority of crime units to access stored phone data in a criminal investigation without the user’s permission — the downside to such secure encryption. Security solutions provider RSA estimates a 173 percent increase in cases of mobile fraud worldwide between 2013 and 2015. data breach ).

Crime 62

Crime Data Breach Law Enforcement Breach 62

PYMNTS

MARCH 6, 2017

In 2016, there were 1,093 data breaches according to the Identity Theft Resource Center – a 40% increase over the 2015 data breach number of 781. Bluefin Payment Systems introduced the first PCI-validated Point-to-Point Encryption (P2PE) Solution in North America in March 2014 and was one of only 4 solutions worldwide.

Data Breach 47

Data Breach Third Party Vendors Encryption Breach 47

PYMNTS

JUNE 12, 2019

Facebook wants to make a deal with the FTC and continue to move forward, and Zuckerberg has recently said the company will pivot more toward encrypted messages and privacy. The AG is arguing that Facebook knew data was being misused for political purposes in 2015. The FTC is investigating whether it indeed did so.

Privacy 53

Privacy FTC Federal Trade Commission Settlement 53

PYMNTS

NOVEMBER 12, 2019

Facebook said it offers extra security and protection, and it has processed over $2 billion in donations since it launched a 2015 fundraising tool. With Facebook Pay, we’re continuing to invest in security,” Facebook said. “We

Payments 55

Payments PayPal Debit Card Encryption 55

PYMNTS

OCTOBER 18, 2016

According to the data, the cost of the average data breach on a Canadian SME increased from $250 to $278 compared to 2015 analysis. “Incident response teams and plans, extensive use of encryption, employee training programs, board-level involvement or participation in threat sharing decreased the per capita cost.”

Data Breach 77

Data Breach Breach Small Business Cybersecurity 77

FICO

MARCH 8, 2017

Encryption can be effective …. … but it’s not a stake through the heart of hacking. Data encryption is a highly effective defense against hackers, particularly in achieving HIPAA compliance to protect Protected Health Information (PHI). Like encryption, however, biometrics are not a silver bullet to stop hackers.

Encryption 40

Encryption EMV Authentication Data Encryption 40

FICO

MARCH 8, 2017

Encryption can be effective …. … but it’s not a stake through the heart of hacking. Data encryption is a highly effective defense against hackers, particularly in achieving HIPAA compliance to protect Protected Health Information (PHI). Like encryption, however, biometrics are not a silver bullet to stop hackers.

Encryption 40

Encryption EMV Authentication Data Encryption 40

PYMNTS

APRIL 22, 2016

FBI Director James Comey confirmed on Thursday (April 21) that the agency spent more than his salary over the next seven year and four month in order to gain access into the encrypted iPhone of one of the San Bernardino shooters, Reuters reported. Office of Management and Budget confirm is annual salary of $183,300 as of January 2015.

FBI 40

FBI Encryption Research Accounts 40

PYMNTS

JANUARY 9, 2018

In 2015, electronic toy company VTech learned that a hacker had accessed its computer network and the customer information within it, including personal information about children who were using the company’s Kid Connect mobile app. subsidiary agreed to settle charges filed by the FTC after the incident.

FTC 43

FTC Data Breach Breach Privacy 43

PYMNTS

MARCH 7, 2016

Department of Justice on Thursday (March 3) that they were aware of “numerous instances” in which criminals had switched to iPhones from “burner” phones to conduct illegal activity, in large part citing the phone’s operating system’s encryption features as a prime benefit in evading police detection and surveillance.

Law Enforcement 40

Law Enforcement FBI Encryption Laws 40

Cardfellow

OCTOBER 26, 2022

All methods benefit from security technologies, including encryption, to help reduce the chances of fraud. As of late November 2015, there are 2 one-star reviews for a one-star total rating for YapStone. As of late November 2015, RentPayment.com has had 27 complaints lodged with the BBB in the past 3 years.

Accreditation 52

Accreditation Credit Cards Fraud Prevention Debit Card 52

PYMNTS

MARCH 1, 2016

The NACD also said that boards should eyeball, consistently, a series of measures that spans the percentage of corporate data used in tandem with encryption and just how much infrastructure is scrutinized in real time.

Security 40

Security Cybersecurity Risk Assessment Encryption 40

EBizCharge

OCTOBER 25, 2023

For example, the Heartland Payment Systems suffered a physical breach in 2015. Therefore, businesses must secure their networks and systems to prevent unauthorized access by deploying strong encryption, setting up firewalls, ensuring accurate user authentication processes, and more. What data was encrypted and breached?

Data Breach 52

Data Breach Best Practices Breach Phishing 52

Finovate

FEBRUARY 8, 2024

Entrust made its Finovate debut at our developers conference, FinDEVrSiliconValley 2015, and returned the following year to participate in FinDEVrSiliconValley 2016 (as “Entrust Datacard”). Founded in 1969 as DataCard Corporation, the company acquired Entrust in 2013, and Entrust Datacard was launched the following year.

Acquirers 52

Acquirers Verification Deepfake AI 52

PYMNTS

MAY 20, 2016

The now-defunct ransomware Trojan was designed to find and encrypt video games on PCs. The FBI’s data shows that, in 2015, there were roughly 2,453 reported ransomware incidents. Not only are ransomware creators TeslaCrypt closing up shop, the group is also reportedly sorry for all the damage they inflicted during their run.

Ransomware 40

Ransomware FBI Shutdown Bitcoin 40

PYMNTS

DECEMBER 21, 2016

customers found out that their personal information has been in the hands of hackers for the last few years, mostly due to out-of-date encryption and an apparent unwillingness on Yahoo!’s payments before then — the liability shift deadline had been pushed back, and many believed that the October 2015 date would also ultimately be put off.

Breach 52

Breach EMV Compromise Push-to-Card 52

Fintech Labs Insights

JULY 29, 2015

Be sure to register soon for the only event exclusively for fintech developers, FinDEVr 2015 , October 6-7 in San Francisco. The latest from upcoming FinDEVr 2015 presenters: Worldpay and Paymetric team up to launch integrated payments solution for international commerce. Are you building new financial technology?

Encryption 25

Encryption Blockchain Settlement Bitcoin 25

PYMNTS

JANUARY 9, 2018

In 2015, electronic toy company VTech learned from a journalist that a hacker had accessed its computer network and the customer information within it, including personal information about children who were using the company’s Kid Connect mobile app. It was like stealing data from a baby.

Settlement 43

Settlement FTC Breach Privacy 43

Stax

NOVEMBER 6, 2023

Request Quote Upgrade Your Legacy Equipment for Mobile Payments The world’s foremost mobile phone manufacturers, Apple and Samsung started to foster the use of mobile payments as early as 2014 and 2015, respectively. They often employ advanced encryption and tokenization technologies, ensuring that payment information is protected.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

PYMNTS

JULY 14, 2016

Matt Downs, head of business and channel development for Integrated Payments at Vantiv, stated: “We are using humor and straightforward information to get across the serious message our partners and business owners need to hear — that thousands of small businesses were breached in 2015 and 60 percent of those who were breached did not survive.”

Payment Security 42

Payment Security Security EMV Payments 42

PYMNTS

SEPTEMBER 17, 2018

Those technical similarities spanned malware functionality, common encryption keys and domains programmed into the malware. Obviously, some forethought was at work here: The bank accounts that received the plundered funds had been set up in May 2015, tied to fictitious names.

SWIFT 75

SWIFT Phishing Ransomware Central Bank 75

PYMNTS

FEBRUARY 25, 2020

Chang’s rolled out its mobile ordering app in August 2018, but its rewards program has been in place since July 2015. Encryption and tokenization are [also] used, and [our partner] actually uses a [payment card industry]-compliant third-party payment processor as well.”. Cooking Up A Fresh App . French noted that P.F.

Security 56

Security Push-to-Card Account Takeovers Encryption 56

PYMNTS

JANUARY 25, 2017

More people are embracing these new financial solutions each year, with mobile banking usage growing from 22 percent of adults in 2011 to 43 percent in 2015. We take great pains to make sure that, while the data is in our care, everything is always encrypted, and there are very rigorous controls over it. Adding mobile to the mix .

Online and Mobile Banking 46

Online and Mobile Banking Wire Wires Breach 46

PYMNTS

JUNE 2, 2016

By now the rollout of EMV in the United States is old news, with an October 2015 deadline that seems positively ancient in the rearview mirror, and the transition itself had been telegraphed as far back as 2011, with a template stretching back across a decade especially in Europe.

EMV 42

EMV Processors CHIPS Encryption 42

The Payments Association

OCTOBER 14, 2024

Consider, for example, that in 2015, the government of Greece restricted bank withdrawals to 60 euros per day for the purpose of preventing banks from collapsing during its negotiation with the IMF and the EU about a possible exit from the Eurozone.

Privacy 88

Privacy Addressing CBDC Payer 88