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

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

Finextra

AUGUST 1, 2025

This minimizes data breaches while simplifying workflows, ensuring privacy standards remain intact across all activities within the offices ecosystem. By implementing these measures, family offices drastically reduce the risk of breaches caused by compromised logins. Encryption is a key solution here.

Security

VISTA InfoSec

JUNE 19, 2024

However, this convenience comes with significant cyber risks that can compromise sensitive information and privacy. Therefore, this article explores the common cyber threats in video communication and provides strategies to mitigate them. Common Cyber Risks in Video Communication Video communication offers numerous benefits.

Risk

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

VISTA InfoSec

OCTOBER 21, 2024

Turning on this feature helps foil the automated brute force attacks that hackers often employ to breach the accounts of uninformed or tragically insouciant wallet owners. The added anonymity provided by such wallets can help prevent phishing and other humancentric attacks that could compromise your funds or personal data.

Cryptocurrency

PYMNTS

SEPTEMBER 21, 2019

They’re just a few basic rules of thumb for small business owners to help mitigate the risk of a cyberattack, according to Matrix Integration; however, as president Nathan Stallings warns, as cyberattacks become more sophisticated, so much small businesses’ mitigation tactics. ” The U.S.

Data Breach

The Fintech Times

SEPTEMBER 5, 2024

The excessive concentration of executive control and the rigidity of their processes can lead to single points of failure that, when compromised, can bring the entire payment process to a halt. The post Strengthening Cybersecurity and Mitigating Financial Crimes in a Cashless World appeared first on The Fintech Times.

Financial Crimes

VISTA InfoSec

JULY 29, 2024

Turning on this feature helps foil the automated brute force attacks that hackers often employ to breach the accounts of uninformed or tragicallyinsouciantwallet owners. Theaddedanonymity provided by such wallets can help prevent phishing and other humancentric attacks that could compromise your funds or personal data.

Cryptocurrency

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

VISTA InfoSec

JUNE 3, 2024

Weak or compromised passwords are often the weak link in an organization’s security chain, providing an easy entry point for cybercriminals. According to a Verizon report , over 80% of hacking-related breaches are due to compromised passwords.

MFA

VISTA InfoSec

SEPTEMBER 5, 2024

This article explores the most common cyber security threats targeting SMEs, practical measures to mitigate risks, and essential steps to take in the event of an attack. In addition, insider threats pose significant risks, as employees may inadvertently or maliciously compromise sensitive information. Lets get started.

Security

VISTA InfoSec

OCTOBER 21, 2024

This article explores the most common cyber security threats targeting SMEs, practical measures to mitigate risks, and essential steps to take in the event of an attack. In addition, insider threats pose significant risks, as employees may inadvertently or maliciously compromise sensitive information. Let’s get started.

Security

Seon

JUNE 24, 2024

Identity theft presents significant challenges to businesses, making proactive risk mitigation essential for regulatory compliance, trust, asset protection, and operational integrity. The rise of online transactions and evolving cybercrime tactics highlight the urgent need for strong identity risk management and monitoring.

Risk Management

VISTA InfoSec

SEPTEMBER 30, 2024

Data breaches, cyberattacks and misuse of personal information are severe threats challenging the privacy of customers data, they can not only damage a companys reputation but can also lead to heavy fines if compromised. To overcome these challenges, data protection laws are established.

CCPA

VISTA InfoSec

OCTOBER 21, 2024

Data breaches, cyberattacks and misuse of personal information are severe threats challenging the privacy of customer’s data, they can not only damage a company’s reputation but can also lead to heavy fines if compromised. To overcome these challenges, data protection laws are established.

CCPA

Nanonets

NOVEMBER 14, 2023

Business Email Compromise (BEC) is a cyber threat that exploits the vulnerabilities of email communication. Perpetrators impersonate trusted entities, such as executives or vendors, employing social engineering techniques to coerce employees into compromising actions. What is Business Email Compromise (BEC)?

Email Compromise

Seon

JUNE 15, 2023

Business email compromise (BEC) attacks can be a major risk to businesses’ finances and reputations. Let’s look at what business email compromise attacks are and explore some of the many ways you can combat them. What Is a Business Email Compromise Attack? Reported losses in 2020 exceeded $4.2

Email Compromise

The Finance Weekly

JUNE 7, 2022

Hack may not be the most comforting word in describing cyber security strategies, but it is nonetheless of paramount importance to defend against cybersecurity breaches. When approached as a risk issue, cybersecurity can become more an exercise in transference than mitigation. OT security.

Cybersecurity

Fintech News

MAY 8, 2024

Visa reports that 33% of accounts targeted by enumeration attacks experience fraud within five days of the breach. The VAAI Score seeks to mitigate this risk by reducing false positives by 85% compared to previous models, offering a more precise detection capability. Initially available to U.S.

Bots

Fintech News

JUNE 10, 2024

Akira affiliates gain initial access by exploiting vulnerabilities, brute-forcing services like Remote Desktop Protocol (RDP), social engineering, and using compromised credentials. Reducing the amount of unnecessary data collected can lessen the impact of a data breach and decrease the resources needed for data protection.

Ransomware

VISTA InfoSec

JANUARY 18, 2024

These requirements’ main objective is to safeguard sensitive cardholder information and mitigate data breaches. Additional security measures are documented and put into effect that mitigate the risk of using insecure services, protocols, or daemons. With the impending retirement of PCI DSS v3.2.1

PCI DSS

VISTA InfoSec

AUGUST 8, 2023

It can affect productivity, but you can mitigate the impact of attacks by deploying protective gear and training systems for your business and employees. But a cybersecurity report shows that 43% of data breaches involve small businesses. They should also consider changing their passwords every month or quarter to prevent compromise.

Small Business

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

PYMNTS

DECEMBER 16, 2016

Carolyn Crandall, CMO of Attivo Networks , joined this week’s Hacker Tracker to share the vulnerabilities impacting POS systems and discuss whether massive data breaches are on the horizon in the months ahead. With that, Crandall said the number of compromised records will continue to go up as well.

Breach

VISTA InfoSec

FEBRUARY 13, 2024

These threats are widespread and can also lead to severe consequences, including financial loss, and the compromise of personal and sensitive data. Employees who are aware of the risks associated with cyber threats and the steps they can take to mitigate these risks form a solid first line of defence against bad actors in the digital sphere.

Cybersecurity

The Fintech Times

JULY 30, 2024

The cost of data breaches has been on a steady incline for the past decade. However, evidence from IBM , a multinational tech firm, suggests that in the next 10 years, breaches could cost a lot more as we just experienced the highest year-on-year jump in cyber attacks (10 per cent).

Data Breach

Fintech News

APRIL 7, 2024

Their comprehensive discussion sheds light on the significance of advanced AI and fraud detection technologies, and the importance of collaborative efforts to mitigate these risks. Stuart Wells These technologies play a crucial role in verifying identities in an environment increasingly compromised by sophisticated fraud.

Deepfake

PYMNTS

OCTOBER 29, 2020

The pandemic has compromised the resilience of many supply chains throughout the world, with the insolvencies of one link causing widespread headaches both upstream and downstream. Compounding the issue is that when a disastrous event occurs, such as a data breach, these organizations are also less capable of rebounding.

Risk

Clearly Payments

JANUARY 8, 2024

By identifying potential vulnerabilities, merchants can take targeted actions to mitigate risks before they escalate. Security, Compliance, and Regulatory Risk: Cybersecurity risk involves the threat of data breaches and unauthorized access to sensitive payment information.

Risk Management

PYMNTS

OCTOBER 14, 2016

The new group, called Odinaff, is believed to be compromised of 10–20 organizations armed with malware that can hide fraudulent transfer requests in the SWIFT system. The emergence of new possible instances of compromise is not entirely surprising given that banks should now be undertaking rigorous reviews of their environments.

SWIFT

VISTA InfoSec

AUGUST 22, 2023

Altering or replacing compromised biometric traits is complex. Addressing these risks necessitates robust security measures, encryption, access controls, and breach response plans. Facts on Biometric Data Breaches and Fines Under GDPR 1. Clearview AI Inc.

Privacy

FICO

NOVEMBER 10, 2020

As someone who has worked in fraud detection and mitigation for more than 30 years, I wanted to share some important facts on how banks and card issuers protect their customers from fraudulent transactions: with multiple defenses that are often invisible, and more importantly, often intentionally frictionless. Emphases added.).

Credit Cards

PYMNTS

MARCH 31, 2020

Some respondents told us an embrace of advanced technologies such as artificial intelligence (AI) and machine learning can help pinpoint trouble spots and telltale signs hidden within a deluge of data — and stop data breaches and account compromises in their tracks.

eWallet

The Fintech Times

APRIL 11, 2024

The main phishing attacks identified in the report include malicious URLs, malware or ransomware attachments, and compromised account infiltrations. Egress is now urging cybersecurity leaders to adopt new and robust monitoring measures to mitigate potential threats and identify vulnerabilities.

Phishing

PYMNTS

SEPTEMBER 20, 2018

The firm’s Gladiator iPay Enterprise Security Monitoring (iPay ESM) tool is now live for financial institutions to monitor and mitigate the risk of fraud linked to online bill payment, the company said in a press release.

FFIEC

FICO

DECEMBER 19, 2016

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. IoT-dependent manufacturers will respond positively to publicly discussed risk mitigation strategies and differentiators.

Office of the Comptroller of the Currency