Finextra

JUNE 26, 2025

Non-compliance, on the other hand, can lead to data breaches and legal troubles. PCI DSS: Safeguarding cardholder data If you handle card payments, PCI DSS compliance is non-negotiable. How PCI DSS affects your digital payment operations When you’re PCI DSS compliant, you reduce the risk of costly breaches.

PCI DSS 52

PCI DSS AML Process Payment APIs and Integration 52

The Payments Association

JUNE 3, 2025

Moreover, network tokenisation reduces the regulatory burden by eliminating the need to store sensitive card data, supporting the Payment Card Industry Data Security Standard (PCI DSS) compliance and lowering the risk of data breaches. As a result, tokenisation is becoming essential for maintaining trust and fluidity.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

The Payments Association

JULY 11, 2025

Security and compliance demand strategic attention POS security has evolved from a compliance checkbox to a business-critical investment as breach costs reach record levels. Average global data breach costs hit US$4.9 million in 2024 , with US organisations facing US$9.36 million average costs.

Point-of-Sale (POS) 88

Point-of-Sale (POS) Payment APIs and Integration Online and Mobile Banking Compliance 88

Stax

JULY 7, 2025

When communication is done well, customers understand that surcharging is not only a reasonable compromise but can also benefit them more than an across-the-board price increase to cover these costs. Customer support: Look for providers that offer responsive and knowledgeable support teams through multiple channels (phone, email, and chat).

Credit Cards 88

Credit Cards Process Processors Debit Card 88

Finextra

JUNE 26, 2025

A compelling study highlights this long-term impact, revealing that 47% of consumers would permanently cease shopping with a retailer following a data breach involving their payment card information. Beyond the quantifiable financial damage, fraud severely erodes customer trust and significantly tarnishes brand reputation.

Stablecoins 52

Stablecoins Payment APIs and Integration Fraud Prevention Cross-Border 52

Finextra

JUNE 26, 2025

A compelling study highlights this long-term impact, revealing that 47% of consumers would permanently cease shopping with a retailer following a data breach involving their payment card information. Beyond the quantifiable financial damage, fraud severely erodes customer trust and significantly tarnishes brand reputation.

Stablecoins 52

Stablecoins Payment APIs and Integration Cross-Border Account Takeovers 52

PYMNTS

FEBRUARY 1, 2021

The Interstate Technology & Regulatory Council (ITRC) released new data on the state of cyberattacks and data breaches with some surprising news: data breaches were actually down in 2020 year-over-year. 19 percent fewer data breaches occurred in the U.S. Canada, Australia and Europe, reports said.

Data Breach 136

Data Breach Breach Business Email Compromise Scams 136

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

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

PYMNTS

FEBRUARY 20, 2020

Defense Information Systems Agency (DISA) said that its network was likely “compromised,” according to reports on Thursday (Feb. 11 advised possible victims that there was a “data breach” involving a system run by the agency. 11 advised possible victims that there was a “data breach” involving a system run by the agency.

Data Breach 69

Data Breach Compromise Breach eWallet 69

PYMNTS

JUNE 24, 2020

Messaging app Telegram said a data breach has exposed a database containing the personal information of millions of users, according to a Cointelgraph report. Data breaches have not slowed during the pandemic. The company introduced new measures for privacy in response, letting users hide their phone number from everyone.

Breach 115

Breach Data Breach Law Enforcement Database 115

PYMNTS

FEBRUARY 1, 2019

Home improvement startup Houzz revealed that it suffered a data breach. The company said in a FAQ on its website that the breach was discovered in late December 2018, and that “a file containing some of our user data was obtained by an unauthorized third party.”.

Data Breach 80

Data Breach Breach Law Enforcement Encryption 80

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

Data Breach 92

Data Breach Breach Database Compromise 92

PYMNTS

AUGUST 16, 2019

The suit claims that [24]7 waited over five months to tell the airline about the breach instead of immediately informing it. According to the news outlet, hackers changed the source code of the chatbot via compromised credentials. They then monitored the website activity of the carrier and took data entered by visitors.

Data Breach 84

Data Breach Breach Multifactor Authentication Credential 84

PYMNTS

NOVEMBER 24, 2019

A recent data breach exposed the personal data of more than 1 million prepaid T-Mobile customers, reports said on Friday (Nov. The information exposed did not include any financial information, social security numbers or password data. The company found that in 2018, breaches cost a company $1.23 SMBs in the U.S.

Data Breach 81

Data Breach Breach Social Security Risk 81

PYMNTS

SEPTEMBER 15, 2019

A massive data breach has compromised the records of 198 million car buyers. Jeremiah Fowler, a senior security researcher at Security Discovery , discovered the breach after coming across the same 413GB dataset multiple times. “It While Fowler notified DealerLeads via email about the breach on Aug.

Data Breach 83

Data Breach Breach Database Addressing 83

PYMNTS

DECEMBER 15, 2016

14) that a new cybersecurity breach incident has affected over a billion of its users and their private data. Reportedly, an unauthorized third party stole data associated with the more than 1 billion Yahoo user accounts back in 2013. This billion-user figure means this newest hack is the largest data breach in the digital era.

Data Breach 72

Data Breach Breach Law Enforcement Encryption 72

VISTA InfoSec

JUNE 18, 2024

As cyber threats evolve, safeguarding your organization’s data has become an utmost priority. 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.

Data Security 266

Data Security Security Encryption Cybersecurity 266

PYMNTS

JULY 24, 2020

. “We are not aware of any data breach at this time,” an Instacart spokesperson told BuzzFeed News. “We We take data protection and privacy very seriously. Outside of the Instacart platform, attackers may target individuals using phishing or credential stuffing techniques.

Data Breach 86

Data Breach Breach Phishing Duplicate 86

PYMNTS

SEPTEMBER 21, 2019

As lawmakers ponder this risk, PYMNTS highlights some of the newest data points uncovered by researchers examining small business cybersecurity. 149,000: the average cost of a data breach for a small-to-medium sized business , according to AppRiver.

Data Breach 80

Data Breach Breach Small Business Business Email Compromise 80

PYMNTS

OCTOBER 27, 2016

26) that it was the victim of a data breach that could have impacted 100,000 credit cards. According to a report , Nets thinks the breach was linked to one internet retailer overseas. The report noted Nets is working with Visa and Mastercard to investigate the compromise. It has alerted local banks to replace the cards.

Data Breach 75

Data Breach Breach Law Enforcement Compromise 75

VISTA InfoSec

APRIL 5, 2024

The following are some of the consequences when data privacy and security are compromised: Productivity loss. Operational interruption happens when cybersecurity is breached. Data breaches don’t easily get overlooked. Tainted reputation. More than 80% of cyberattacks are attributed to human error.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

PYMNTS

JUNE 25, 2019

Facebook is still legally on the hook for a September data breach that affected 30 million of their customers. Facebook had moved to have the case dismissed — but a federal appeals judge has shot down that argument, saying the case against Facebook for negligence and for failing to secure users’ data will proceed.

Data Breach 74

Data Breach Breach Compromise Legal 74

Payments Dive

JULY 26, 2018

86% of all data breaches occurred in North America according to new reports with 42% of compromises to the POS environment. Download our infographic to find out more about the latest patterns emerging and the European and Asia Pacific hotspots. These insights could prove extremely useful to your strategic planning.

Data Breach 60

Data Breach Compromise Breach Security 60

PYMNTS

JULY 12, 2020

Delivery startup Dunzo , India’s food and grocery delivery service backed Google , has suffered a data breach, The News Minute reported. The company’s databases were compromised including users’ contact details and email addresses. Dunzo has launched an internal investigation, the online news service reported.

Data Breach 80

Data Breach Breach Database Compromise 80

PYMNTS

OCTOBER 31, 2016

According to the report, the banking regulator said the data breach had to do with a former employee at the agency removing more than 10,000 records without receiving authorization to do so. WSJ cited an OCC spokesman as saying the data included information “related to OCC activities and employees.”

Office of the Comptroller of the Currency 74

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

PYMNTS

JANUARY 18, 2019

The largest public data breach ever has been discovered, according to Gizmodo. The breach is just one data batch of at least six more, collected by someone trying to sell the stolen info, which amounts to almost 1 terabyte of stolen information. In his blog , Hunt talked about how he discovered the breach.

Data Breach 63

Data Breach Breach Credential Compromise 63

PYMNTS

SEPTEMBER 19, 2018

Newegg, the electronics retailer, was reportedly the victim of a data breach that lasted a month. The hackers sent credit card data to a service controlled by them, noted the report. The breach of Newegg shows the true extent of Magecart operators’ reach,” said Klijnsma in the report. 14 through Sept.

Data Breach 64

Data Breach Breach Credit Cards Social Security 64

PYMNTS

SEPTEMBER 30, 2018

Facebook could get hit with a massive EU fine by a European Union privacy watchdog after the company announced on Friday (Sept 28) it had suffered a Facebook data breach that compromised the accounts of more than 50 million users. billion if regulators find the company violated the bloc’s strict new data privacy law.

Data Breach 72

Data Breach Breach Privacy Laws 72

PYMNTS

JANUARY 27, 2017

Eric Chiu, cofounder and president of HyTrust , joined this week’s Hacker Tracker to share insights on the SEC examining the Yahoo breaches, why a selfie app may cause more harm than good and how the U.S. Yahoo disclosed a breach of 500 million users’ data in Sept. 2013 had compromised even more user data.

Data Breach 71

Data Breach Breach Security Risk 71

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. This is not the first time Twitter has been exposed to a data breach. We’re very sorry this happened.

Data Breach 61

Data Breach Breach Compromise Credit Cards 61

PYMNTS

DECEMBER 20, 2019

Gas station and convenience store chain Wawa said it discovered a data breach in which thousands of customers’ debit and credit card information was stolen, according to a report by CNBC. Wawa said its team stopped the breach on Dec. Wawa said its team stopped the breach on Dec.

Data Breach 52

Data Breach Breach Identity Theft Credit Cards 52

PYMNTS

DECEMBER 27, 2019

Multiple lawsuits seeking class action status have been filed in Philadelphia over a data breach at Wawa convenience stores, which affected 850 locations along the East Coast of the U.S., Wawa recently came forward with information that it found malware on its payment processing servers, and that it stopped the breach on Dec.

Data Breach 52

Data Breach Breach Identity Theft Debit Card 52

PYMNTS

OCTOBER 5, 2020

The panel’s standards apply to all entities that accept credit or debit card payments and are intended to ensure that these organizations are working to reduce their risks of security breaches and to minimize the damage of attacks that slip through their defenses. Compliance Complexities.

Data Breach 82

Data Breach Breach PCI DSS Compliance 82

VISTA InfoSec

JULY 19, 2024

They’re responsible for detecting if someone physically tries to tamper with your device but are also trained to respond by wiping data or disabling the device. Performance and reliability When well-designed, PCBs help network security appliances continue working well without compromising their speed and reliability.

Cybersecurity 264

Cybersecurity Encryption Fraud Detection CHIPS 264

PYMNTS

JULY 30, 2019

A former Amazon systems engineer working for Capital One is said to be the woman behind a breach that accessed the data of over 100 million people. Thompson formerly worked for Amazon Web Services, which hosted the Capital One database that was breached.

Breach 87

Breach Law Enforcement Data Breach Social Security 87

EBizCharge

OCTOBER 25, 2023

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. According to the 2023 IBM Data Breach Report , the global average cost of data breaches was $4.45 What are data breaches?

Data Breach 52

Data Breach Best Practices Breach Phishing 52