Remove Accounts Remove Compromise Remove Credential
article thumbnail

Cyber Threats Surge in India’s Financial Sector

Fintech News

These chatbots leverage AI with natural language processing (NLP) capabilities to engage potential victims in seemingly benign conversations, subtly extracting credentials or sensitive data over time. Common vulnerabilities include poor access controls, the lack of MFA, delayed security patches, and mismanagement of privileged accounts.

article thumbnail

How Financial Institutions Can Combat Business Email Compromise (BEC)

Fi911

Business email compromise attacks cost organizations $2.4 Attackers compromise vendor email accounts, then send updated banking instructions just before scheduled payments. By the time anyone notices, funds have moved through multiple accounts and jurisdictions. Continuous monitoring catches compromises early.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Chipotle Hacked, Payment Credentials Compromised

PYMNTS

Chipotle Mexican Grill has been the victim of a cyberattack that compromised the credit card payment information for a small number of customers. Many customers have recently posted on social media that orders placed at the restaurant fraudulently used their payment cards during the first few weeks of April. billion and $1.34 per share.

article thumbnail

Understanding POS Security: Protecting Your Business and Customer Data

VISTA InfoSec

When used, these devices will collect payment details without the merchant’s knowledge, compromising customer data security. Implementing 2FA adds an extra layer of security to a POS system by requiring users to prove their credentials through other means such as one-time passwords on other devices or through biometrics.

PCI DSS 277
article thumbnail

Understanding the Cyber Risks in Video Communication

VISTA InfoSec

However, this convenience comes with significant cyber risks that can compromise sensitive information and privacy. For instance, an attacker might send an email that appears to be from a trusted video communication platform, prompting you to click on a link to verify your account or update credentials.

Risk 277
article thumbnail

Remote Work Business Continuity: Best Practices

VISTA InfoSec

The following are some of the consequences when data privacy and security are compromised: Productivity loss. A file falling into the wrong hands or credentials being revealed to unauthorized personnel could spell lost productivity and revenue. Operational interruption happens when cybersecurity is breached. Tainted reputation.

article thumbnail

Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

Antony Lane, sales account manager at G+D , corroborates this, stating G+D increasingly uses tokenisation to improve in-app provisioning, simplify lifecycle credential management, and personalise user journeys across devices and channels. As a result, tokenisation is becoming essential for maintaining trust and fluidity.