VISTA InfoSec

JUNE 21, 2023

Not sure where to start if you notice a data breach? Here are seven essential steps to follow Becoming aware that your company has suffered a data breach can be unsettling. Identifying and Containing the Damage Once you have been made aware of a data breach, the first step is to identify and contain the damage.

Data Breach 130

Data Breach Breach Law Enforcement Cybersecurity 130

Finextra

AUGUST 1, 2024

The average cost of a data breach in the UK rose to £3.58 million between March 2023 and February 2024, marking a 5% increase from the previous year and reversing a previous decline.

Data Breach 98

Data Breach Breach 98

Finextra

MARCH 4, 2024

American Express is writing to customers warning them that their account information may have been compromised in a data breach at a third party service provider.

Data Breach 119

Data Breach Breach Third-Party Service Provider Compromise 119

Bank Automation

FEBRUARY 16, 2024

Bank of America is working to control the fallout following an October data breach at third-party vendor Infosys McCamish Solutions.

Data Breach 121

Data Breach Third Party Vendors Breach Product 121

Fintech News

NOVEMBER 10, 2024

Ransomware and data breaches gain in sophistication Although ransomware and data breaches decreased in H1 2024, these threats continue to pose significant challenges. However, the overall number of individual ransomware and data breach incidents tracked by Visa PFD decreased by 12.3% in H1 2024 compared to H2 2023.

Ransomware 119

Ransomware Data Breach Scams AI 119

VISTA InfoSec

JUNE 26, 2024

The Impact of Cybersecurity on Businesses & What an Investor Should Consider Cybersecurity measures protect systems, networks, and data from digital attacks like malware, phishing attacks, and ransomware because cybersecurity breaches impact a business negatively.

Cybersecurity 260

Cybersecurity Due Diligence Security Breach 260

Bank Automation

SEPTEMBER 16, 2024

Ally Financial faces two class action lawsuits in the wake of a data breach earlier this year. 7, are suing Ally Financial subsidiary Detroit-based Ally Bank for: […] The post Ally faces legal battle after data breach appeared first on Bank Automation News.

Data Breach 81

Data Breach Breach Legal Automation 81

Finextra

MARCH 20, 2025

Phoenix-based business bank Western Alliance has notified customers of a data breach caused by a zero-day vulnerability in third party file transfer software.

Breach 90

Breach Data Breach 90

VISTA InfoSec

MARCH 28, 2024

As cyber threats loom larger and data breaches become more frequent, safeguarding sensitive information cannot be ignored. Incident Response Develop a plan for responding to data breaches , detailing the actions to be taken when such incidents occur. You should also regularly review stored data and purge what is no longer needed.

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Data Breach Regulatory Compliance Breach Encryption 278

VISTA InfoSec

MAY 12, 2024

Hackers have often succeeded in breaching password-protected systems through brute force attacks, guessing, or using “keyloggers” that record keystrokes. Install Security Patches The older a system remains unchanged, the higher the likelihood that cybercriminals will find a way to breach it.

PCI DSS 277

PCI DSS Security Compromise Best Practices 277

VISTA InfoSec

JUNE 18, 2024

Whether you’re a small business owner, a corporate leader, or an Information and Communication Technology (ICT) specialist, the consequences of a data breach are severe and far-reaching. These obsolete programs lack ongoing network security updates, making them low-hanging fruit for breaches.

Data Security 266

Data Security Security Encryption Cybersecurity 266

TechCrunch Fintech

NOVEMBER 20, 2024

An incident disclosure shared with Finastra's banking and financial customers confirms a hacker stole files from a company system. © 2024 TechCrunch. All rights reserved. For personal use only.

Data Breach 121

Data Breach Breach FinTech Cybersecurity 121

Fintech News

DECEMBER 2, 2024

The platform has operated reliably for over a decade without any reported security breaches and offers capabilities such as a decentralised exchange (DEX), tokenisation support, and escrow functionality. Tenity has highlighted the XRP Ledger’s speed, energy efficiency, and security as key factors for its adoption.

Innovation 135

Innovation Breach Blockchain FinTech 135

Fintech Finance

NOVEMBER 28, 2024

This partnership with IDEMIA Secure Transactions goes beyond technology; it’s about creating trust during a time when breaches to sensitive data are becoming more potent and costly. It offers something that goes beyond encryption alone, empowering users to take control of their digital assets.”

Security 116

Security Transactions NFTs Blockchain 116

Finextra

MAY 28, 2025

LexisNexis Risk Solutions says a data breach at a third-party provider has exposed the personal information of more than 364,000 people.

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The Paypers

OCTOBER 29, 2024

Transak , a firm providing crypto on-ramp services, has recently reported a data breach impacting over 92,000 users due to a phishing incident.

Data Breach 74

Data Breach Phishing Breach 74

Fintech Finance

MARCH 11, 2025

A third of respondents said they do not trust travel companies to keep their payments data secure at all, fearing details would be lost during a data breach. Widely publicized data breaches have reduced consumer confidence and the industry needs to take proactive measures to rebuild trust.

Payment Security 96

Payment Security Security Data Breach Authentication 96

The Paypers

JANUARY 16, 2025

Seychelles-based crypto derivatives exchange BitMEX has been fined USD 100 million for breaching US Anti-Money Laundering (AML) laws to scale its revenue.

AML 68

AML Breach Money Laundering Laws 68

VISTA InfoSec

APRIL 5, 2024

Operational interruption happens when cybersecurity is breached. Data breaches don’t easily get overlooked. The following are some of the consequences when data privacy and security are compromised: Productivity loss. Tainted reputation.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

Fintech Finance

MAY 13, 2025

Sensitive card information is tokenized and not stored in the merchant’s database, thereby reducing the risk of data breaches, and the network token is used to identify the customer for secure payment. In addition to reducing the risk of data breaches, tokenization offers increased convenience to customers.

Payment Security 59

Payment Security Security Data Breach Breach 59

Fintech Review

JANUARY 30, 2025

According to DORA, market participants must conduct systematic stress tests with the various breach scenarios; Third-party risk management. trillion, and the annual IBM Cost of Data Breach Report claims that one such penetration “costs” the affected business around $4.45 Theres no clear requirement on this point.

Regulations 98

Regulations Risk Management Participant Cybersecurity 98

VISTA InfoSec

MAY 24, 2024

Understanding PCI DSS Developed by the Payment Card Industry Security Standards Council (PCI SSC), it is mandatory for all businesses to be PCI compliant to protect cardholders, companies, the Merchants and Service Providers they do business with from data breaches, fraud, and unauthorized access. 5 / 5 ( 1 vote )

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

VISTA InfoSec

SEPTEMBER 26, 2023

Authority of the DPDP Board: Penalties and Adjudication Under Section 33 of the DPDP Act, the Digital Personal Data Protection Board (DPDPB) holds the authority to impose penalties on Data Controllers or Significant Data Fiduciaries (SDFs) for significant breaches of the Act or its rules (Clause 33 (1), DPDP Act). These include: 1.Nature,

Compliance 130

Compliance Breach Privacy Mitigation 130

Payments Dive

SEPTEMBER 8, 2022

Cybersecurity professionals say healthcare payments processing firms are particularly vulnerable to information technology breaches and ransom demands.

Cybersecurity 142

Cybersecurity Breach FinTech Process 142

Fintech News

MAY 1, 2025

Data from Verizon Businesss 2025 Data Breach Investigations Report reveal that system intrusion has risen considerably over the past four years, escalating to become the dominant threat pattern across APAC. In 2024, these attacks accounted for 20% of breaches in APAC, marking a 49-point decline from 69% back in 2020.

APACS 86

APACS Data Breach Breach Ransomware 86

The Payments Association

DECEMBER 9, 2024

While this synthetic data reduces the need for using real consumer data, which is a win for privacy, it also opens up a new avenue for unintentional privacy breaches. The risk of data breaches and unauthorised access will not disappear, or lessen. However, these regulations were not originally crafted with generative AI in mind.

Privacy 88

Privacy Payment Security AI Security 88

Finextra

DECEMBER 4, 2024

Experian’s 12th annual Data Breach Industry Forecast includes five 2025 predictions for 2025 that show that global data breaches show no signs of slowing down.

Data Breach 111

Data Breach Breach AI 111

VISTA InfoSec

JUNE 27, 2024

In a recent development that has raised concerns across the education sector, Los Angeles Unified School District (LAUSD) has confirmed a significant data breach involving student information. Conclusion The ramifications of this breach extend beyond immediate security concerns. As the situation unfolds, LAUSD and Snowflake Inc.

FBI 130

FBI Breach MFA Cybersecurity 130

The Fintech Times

JUNE 3, 2024

Using the world’s largest proprietary risk and threat intelligence dataset, SecurityScorecard , the cybersecurity analyser, studied cybersecurity breaches across the UK’s 100 largest companies by market capitalisation, releasing a comprehensive analysis of the landscape of the FTSE 100 in the UK. None of them received a C rating or below.

Third Party Vendors 111

Third Party Vendors Cybersecurity Breach Risk Management 111

Fintech News

FEBRUARY 26, 2025

Bybit, a Dubai-based crypto exchange serving over 60 million users worldwide, reported the security breach last Friday. FBI anticipates that these funds will undergo further laundering processes before being exchanged for traditional fiat currency.

FBI 69

FBI Digital Currency SWIFT Breach 69

Fintech Finance

DECEMBER 6, 2024

The Mastercard Payment Passkey Service leverages Mastercards tokenization technology, which replaces the primacy account number (PAN) with a token, to ensure that no card data is shared with third parties and is useless to fraudsters and scammers in the case of a data breach.

Visa 98

Visa Authentication Scams Payments 98

Finextra

NOVEMBER 28, 2024

Hackers have breached the Central Bank of Uganda's firewalls and stolen $17 million from Treasury accounts.

Central Bank 119

Central Bank Treasury Breach Accounts 119

PCI Security Standards

JULY 10, 2024

x, requirements for external vulnerability scans performed by an ASV were added to SAQ A to help address common breaches that are targeting SAQ A merchant environments at alarming rates. For PCI DSS v4.x,

PCI DSS 134

PCI DSS Breach Assessments Data Security 134

Finextra

MARCH 23, 2025

A US appeals court has overruled the sentence given to the hacker behind the huge 2019 Capital One data breach, saying it was too lenient.

Data Breach 120

Data Breach Rules Breach 120

VISTA InfoSec

MAY 20, 2025

Whether its a data breach or a dark web marketplace, chances are he covered it first and better than anyone else. Why follow: If you’re not reading KrebsOnSecurity, you’re probably missing critical breach news before it hits mainstream media. His work in data breaches and identity security is unmatched.

Cybersecurity 130

Cybersecurity PCI DSS Breach Audit 130

Fintech Finance

MARCH 10, 2025

Supporting digital wallets globally, “Tap-to-Add Card” adheres to Visa’s security standards, minimizing the risk of card breaches, enhancing overall security, and reducing errors caused by manual data entry. This significantly improves the customer experience.

Digital Payments 92

Digital Payments Security Payments Credential 92

Fi911

MAY 14, 2025

The rapid rise in cybercrime and data breaches makes robust security frameworks indispensable for financial institutions. Leveraging Encryption and Tokenization for Banking Security The battle against cybercrime and data breaches is relentless.

Encryption 79

Encryption PCI DSS Online and Mobile Banking Database 79