PYMNTS

NOVEMBER 21, 2016

According to a report by TechCrunch , roughly two-thirds of Three UK’s customers have had their information compromised after hackers were able to get an employee login and access to the network. That’s the case with the latest breach, which reportedly happened to Three UK, the U.K. mobile network operator. Three has around 8.8

Compromise

PYMNTS

JUNE 19, 2017

The company believes that exposure of cardholder data that could be used to create counterfeit cards – including names, addresses, emails and Social Security numbers – was limited, but some credit card numbers may have been compromised. 28, 2016, and April 14, 2017. Those who may have been affected will be notified.

Compromise

PYMNTS

MAY 25, 2018

authorities said Friday (May 25) that Russian hackers had “compromised hundreds of thousands of home and office routers and could collect user information or shut down network traffic,” according to a report from Reuters. The new follows warnings earlier this week about a potential massive cyberattack timed to a soccer match in the Ukraine.

FBI

PYMNTS

NOVEMBER 27, 2018

27) for the data breach in 2016 that impacted millions of users. The fines stem from a data breach in 2016 in which the names, mobile phone numbers and email addresses of 57 million users around the globe were compromised. We’re pleased to close this chapter on the data incident from 2016,” Uber said in a statement to Reuters.

Data Breach

PYMNTS

DECEMBER 22, 2020

Facebook has upgraded security since widespread public allegations that the platform was compromised by individuals and entities seeking to influence the outcome of the 2016 presidential election, Axios reported. Security keys will work with mobile devices logging into Facebook accounts beginning in 2021.

Authentication

FICO

NOVEMBER 30, 2016

In many ways I think 2016 was the year that analytics hit the mainstream. At cocktail parties and in coffee shops, 2016 has been the year that we data scientists suddenly felt a bit like – dare I say it? analytics 2016” returned 52.3 rock stars. million hits. million hits.

AI

FICO

MARCH 29, 2017

In fact, it’s doubly bad: The number of payment cards compromised at U.S. ATMs and merchants monitored rose 70 percent in 2016. ATMs, restaurants and merchants rose 30 percent in 2016. This new data follows a 546 percent increase in compromised ATMs from 2014 to 2015. The number of hacked card readers at U.S.

ATM

The Paypers

SEPTEMBER 1, 2017

(The Paypers) A FICO report has revealed that the number of cards compromised at US ATMs and merchants rose 39 %in the first half of 2017, compared to the same period in 2016.

Compromise

VISTA InfoSec

DECEMBER 19, 2024

The reason why SWIFT took the initiative to introduce the Customer Security Programme (CSP) was due to a series of high-profile cyberattacks in 2016, particularly the Bangladesh Bank heist which revealed significant vulnerabilities within the local security measures of individual institutions.

SWIFT

PYMNTS

NOVEMBER 17, 2016

What’s more, 55 percent of survey respondents that partook in the Consumer Account Security Report 2016 put out by TeleSign said they place the responsibility of cybersecurity on businesses for their online and mobile accounts. And just like what happened to Zuckerberg in June, password reuse was one of the reasons.

Security

PYMNTS

AUGUST 5, 2019

Business email compromise (BEC) attempt scams are gaining traction, targeting billions of dollars in ill-gotten gains. The tally means that the monthly reports have a run rate of more than 1,100 as seen last year, and that’s up sharply from the less than 500 report estimated by FinCEN as of 2016.

Business Email Compromise

PYMNTS

MAY 2, 2018

Those tapes were supposed to be destroyed in May 2016. There is no evidence any customer records have been compromised,” said Angus Sullivan, Commonwealth’s acting group executive of retail banking services, in a video message on the bank’s website. Most likely, the tapes have been disposed of.

Breach

PYMNTS

MAY 8, 2017

billion from October of 2013 through December of 2016. The schemes are known as business email compromises. billion from October of 2013 through May of 2016, showing a big increase in attempts in the last seven months of 2016. In a previous report, the FBI had said thieves tried to steal $3.1

FBI

PYMNTS

NOVEMBER 4, 2016

With major data breaches on the rise, it’s no surprise cybercriminals have access to more than enough compromised data. From WiFi hotspots to printers and unsecured routers to digital video recorders, hackers essentially have their pick of when looking to compromise unsuspecting IoT devices.

Compromise

PYMNTS

DECEMBER 26, 2016

There are just five more days until we can leave 2016 behind for good. As 2016 becomes history, we should take special care not to forget it — lest we have to hear about being doomed to repeat it (there’s always that one person). If there’s one thing that’s for certain, 2016 showed us that the gig economy is here to stay.

Online and Mobile Banking

PYMNTS

DECEMBER 26, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Here is the response from Sarah Clark, general manager, identity, Mitek … Payments 2016: The Year Mobile, Biometrics And Trust Converged.

Authentication

Payments Source

MAY 5, 2016

Fueled in part by an increase in phishing attacks with malware attachments in the past year, fraudsters took only minutes to compromise a network in 93% of breach incidents, according to Verizon's 2016 data breach investigations report.

Data Breach

The Paypers

SEPTEMBER 20, 2016

(The Paypers) Breach Level Index released by Gemalto has revealed that worldwide, there were 974 reported data breaches and more than 554 million compromised data records in the first half of 2016.

Data Breach

FICO

DECEMBER 19, 2016

In the world of cybersecurity, 2016 was a banner year – and not in a good way. With hackers hitting organizations from the Internal Revenue Service to the University of California, Berkeley in 2016, consumers are more anxious than ever about the downstream financial crime that follows data breaches. That’s the bad news.

Office of the Comptroller of the Currency

PYMNTS

JUNE 21, 2016

The company notes that the credentials may have been breached by a third party between the dates of May 12, 2015 and April 28, 2016. To be more specific, it could be somewhere in the range of 34,500 customers across the U.S., Canada and Puerto Rico, according to a letter from the company.

Compromise

PYMNTS

DECEMBER 6, 2016

KnowBe4 , a security awareness training and simulated phishing platform provider, launched a new tool designed to help IT managers combat CEO fraud, or Business Email Compromise (BEC) as it is referred to by the FBI. Those replies are then recorded and made available for IT managers to download and review if needed.

Phishing

FICO

OCTOBER 10, 2016

Earlier this year, IDG polled security “experts” to predict the “single biggest security threat of 2016 ”. This, in the public domain, is the single largest cyber-breach in history, affecting an estimated 500 million Yahoo users and potentially compromising their personal, demographic, contact and security information.

Crime

PYMNTS

JUNE 23, 2020

Twitter has issued an apology to its business clients acknowledging that personal information may have been compromised, the BBC reported. The tech company said there’s no evidence billing information was compromised. We’re very sorry this happened. It’s unclear how many businesses have been affected.

Data Breach

VISTA InfoSec

DECEMBER 19, 2024

The reason why SWIFT took the initiative to introduce the Customer Security Programme (CSP) was due to a series of high-profile cyberattacks in 2016, particularly the Bangladesh Bank heist which revealed significant vulnerabilities within the local security measures of individual institutions.

SWIFT

PYMNTS

JUNE 27, 2017

In 2016-17, cyber attackers have set their sights on mobile users in the U.S., Kaspersky says this is due not only to the higher level of income but also to the broader use of mobile and e-payment systems, which can be easily compromised. first and foremost, with Canada, Germany and the U.K. following closely in terms of risk.

Ransomware

PYMNTS

DECEMBER 30, 2016

Bank heists and data breaches saw no shortage in 2016, and corporates large and small could no longer avoid the risk of a cyberattack. 2017 will see a continued rise in cybersecurity threats particularly around business email compromise , ransomware and malicious insiders. In addition, the battlefield is evolving.

Checks

PYMNTS

MARCH 6, 2018

The news comes after Cicis Pizza announced in 2016 that it had gathered enough evidence to prove a large number of Cicis locations had been compromised by a credit card breach , one that dated back to March 2016 or before. In addition, the company set up a helpline to help customers get more information about the incident.

Data Breach

PYMNTS

MAY 1, 2017

Department of Justice (DoJ) announced plans to charge a man allegedly responsible for an $100 million business email compromise scam. The DoJ alleges that the man, Evaldas Rimašauskas, used a business email compromise (BEC) scam to trick Facebook and Google into paying fake invoices, impersonating manufacturer Quanta Computer.

Scams

PYMNTS

OCTOBER 31, 2016

The OCC, according to WSJ , noted the compromise hasn’t “adversely affected” the agency’s internal operations. which has prompted lawmakers to spend part of 2016 looking into shortfalls in FDIC cybersecurity policies. The former employee was identified as a retiree, noted the report.

Office of the Comptroller of the Currency

PYMNTS

FEBRUARY 6, 2017

In one of the latest payment card data breaches reported affecting the hotel industry, InterContinental Hotels Group said that 12 hotels in the United States were compromised. The firm said at the end of 2016 that it had hired cybersecurity firms to investigate possible other breaches in the United States.

Breach

PYMNTS

MARCH 20, 2017

When this message is displayed, it typically means that the site has been compromised in some way by scammers. Last month, the company’s POS vendor 24×7 Hospitality Technology notified its customers that its system was compromised by a “sophisticated network intrusion through a remote access application.”

Breach

PYMNTS

MARCH 9, 2017

In fact, a whopping 61 percent of responding organizations were compromised by ransomware in 2016. This difficulty is compounded by the global security skills shortage and the ongoing inability for most employees to not click on links that compromise their devices.

Ransomware

PYMNTS

JULY 20, 2018

Federal Bureau of Investigation released a public service announcement this week warning that business email compromise (BEC) scams are on the rise. An announcement by the FBI issued in 2016 pinpointed Hong Kong as ground zero for many business email scams identified. At the time, total losses and attempted losses reached $3.1

Scams

PYMNTS

SEPTEMBER 17, 2018

In Australia, news came that police have charged a quartet of alleged fraudsters with running a business email compromise (BEC) scam. The scams netted an alleged $25 million from 2014 to 2016. “In This comes against a backdrop where, from December 2016 to May 2018, the losses tied to such scams have grown by 136 percent.

Business Email Compromise

PYMNTS

DECEMBER 18, 2017

judge has sentenced a Nigerian man to three years and five months in prison for his role in a business email compromise scam. Reports said Adindu was arrested in 2016 and allegedly carried out business email compromise scams between 2014 and 2016.

Scams

PYMNTS

MAY 15, 2017

and Puerto Rico had their payment card information compromised. Any person shopping at both Brooks Brothers and Brooks Brothers Outlet stores between April 4, 2016, through March 1, 2017, may have been impacted by this breach. Over the past 11 months, Brooks Brothers ’ customers at various brick-and-mortar locations in the U.S.

Breach

PYMNTS

SEPTEMBER 11, 2018

According to reports , Yonathan Klijnsma, a threat researcher at RiskIQ, told the outlet that the same group of hackers that breached Ticketmaster may be behind the attack at British Airways, in which more than 380,000 credit cards were compromised. “This British Airways attack was just an extension of this campaign,” said Klijnsma.

Research