Fintech Finance

NOVEMBER 28, 2024

The solution utilizes non-fungible tokens (NFTs) as secure credentials within a “digital safe,” providing a decentralized, immutable method for storing and recovering critical information. Its self-custody approach reduces the need for intermediaries, offering control and reduced exposure to third-party risks.

Security 116

Security Transactions NFTs Blockchain 116

VISTA InfoSec

JUNE 19, 2024

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. Enforcing these policies ensures consistent adherence across the organization, reducing the risk of security breaches.

Risk 277

Risk Ransomware Phishing Encryption 277

PYMNTS

APRIL 19, 2019

“We have no indication of any breach of Chipotle’s databases or systems.” Schalow further explained that, “through credential stuffing, [an attacker] can access [the customer’s] account once they have their user name and password, and place an order, but they cannot see their personal credit card data.”

Credential 76

Credential Compromise Credit Cards Payments 76

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. The airline claims that 24[7] fell short of implementing basic security controls like forbidding workers from using the same login credentials or requiring multifactor authentication for employees accessing source code.

Data Breach 84

Data Breach Breach Multifactor Authentication Credential 84

VISTA InfoSec

APRIL 5, 2024

Operational interruption happens when cybersecurity is breached. A file falling into the wrong hands or credentials being revealed to unauthorized personnel could spell lost productivity and revenue. Data breaches don’t easily get overlooked. Tainted reputation.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

PYMNTS

OCTOBER 17, 2018

Visa announced today the commercial expansion of its Visa Token Service for “credential-on-file token requestors.” Network tokens offer merchants an appealing solution to boosting the security of transactions while also helping merchants manage the account credentialing that is now the reality of multichannel retail payments.

Credential 86

Credential Digital Payments Payments PayPal 86

PYMNTS

APRIL 24, 2019

There is a bit of a twist in this often-told tale of breached consumer data: Chipotle maintains that the company itself has not been breached. She further noted that the firm is pretty sure credential stuffing is the root cause in this case. It could easily be credential stuffing. So, what’s going on? Is Chipotle?

Credential 67

Credential Breach API Addressing 67

Fintech Finance

MARCH 10, 2025

Upon tapping, a unique one-time code validated by Visa’s Chip Authenticate service, ensuring secure provisioning of card credentials and offering a significantly faster and more secure alternative to traditional methods. This significantly improves the customer experience.

Digital Payments 92

Digital Payments Security Payments Credential 92

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. Capital One revealed the massive data breach in a news release on July 29, 2019.

Breach 87

Breach Law Enforcement Data Breach Social Security 87

PYMNTS

APRIL 14, 2019

In a statement to reporters, Microsoft said: “We addressed this scheme, which affected a limited subset of consumer accounts, by disabling the compromised credentials and blocking the perpetrators’ access.”. It also appears the bad guys didn’t access login credentials including passwords.

Breach 68

Breach Accounts Credential Compromise 68

Payments Source

NOVEMBER 6, 2018

The breach may have occurred through a technique called "credential stuffing," in which hackers who have stolen passwords for other websites try them out on an online banking site.

Breach 71

Breach Data Breach Credential Accounts 71

VISTA InfoSec

JUNE 3, 2024

According to a Verizon report , over 80% of hacking-related breaches are due to compromised passwords. Credential stuffing , a form of cyberattack where attackers use stolen credentials to gain unauthorized access to user accounts, highlights the need for strong password policies. Here are the essential components: 1.

MFA 130

MFA Credential PCI DSS Compliance 130

The Fintech Times

MARCH 10, 2025

Upon tapping, a unique one-time code is validated by Visa’s Chip Authenticate service, ensuring secure provisioning of card credentials and offering a significantly faster and more secure alternative to traditional methods. This significantly improves the customer experience.

Digital Payments 69

Digital Payments Security Credential CHIPS 69

PYMNTS

JULY 24, 2020

“We are not aware of any data breach at this time,” an Instacart spokesperson told BuzzFeed News. “We Outside of the Instacart platform, attackers may target individuals using phishing or credential stuffing techniques. Instacart said that had never happened. We take data protection and privacy very seriously.

Data Breach 86

Data Breach Breach Phishing Duplicate 86

Payments Source

NOVEMBER 14, 2017

There is a visible shift in attack patterns immediately following a breach, from initial attacks focusing on high-value loan applications at online lenders to low-value identity testing on charities and social media sites to determine if a stolen credential will work.

Breach 64

Breach Credential Identity Theft Data Security 64

PYMNTS

SEPTEMBER 22, 2016

” Yahoo is apparently on the verge of reporting a massive data breach of its service — a giant hack that has exposed the data behind hundreds of millions of user accounts. ” Peace was, by his own admission, selling credentials of 200 million Yahoo users from 2012 on the dark web for just over $1,800.

Breach 87

Breach Data Breach Credential Adjustments 87

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. billion combos.

Data Breach 63

Data Breach Breach Credential Compromise 63

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 83

APACS Data Breach Breach Ransomware 83

Payments Source

JULY 9, 2018

All service providers, even those with a strong security posture, are only as secure as the Home Depots, LinkedIns and Equifaxes of the world, argues George Avetisov, chief executive of HYPR.

Data Breach 67

Data Breach Credential Breach Service Provider 67

Payments Dive

JANUARY 20, 2023

It’s unclear where or how customer account credentials were obtained. Impacted customers were notified of the incident nearly a month after it was discovered.

Data Breach 78

Data Breach Breach PayPal Credential 78

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

Payments Source

MAY 22, 2019

Some technology upgrade can leave databases open to the public internet, creating more risk for payment credential exposure and other risks, contends Ameya Talwalkar, co-founder and chief product officer of Cequence Security.

Breach 83

Breach Credential Database Risk 83

Fi911

MAY 14, 2025

The rapid rise in cybercrime and data breaches makes robust security frameworks indispensable for financial institutions. How Encryption Works in Payments Encryption plays a crucial role in the secure transmission of sensitive data, such as payment card information and banking credentials.

Encryption 73

Encryption PCI DSS Online and Mobile Banking Database 73

PYMNTS

OCTOBER 12, 2018

FitMetrix , a fitness technology and performance tracking company owned by MINDBODY , has suffered a data breach that could impact 113.5 Bob Diachenko, Hacken ’s director of cyber risk research, revealed the breach was caused by several servers that were left without a password. million users.

Data Breach 67

Data Breach Breach Database Credential 67

PYMNTS

SEPTEMBER 26, 2019

DoorDash has revealed that it was the victim of a data breach in May. It’s unknown why it took DoorDash five months to detect the breach, which impacted around 4.9 In addition, around 100,000 delivery workers also had their driver’s license information stolen in the breach. “We We are reaching out directly to affected users.”.

Breach 62

Breach Third-Party Service Provider Data Breach Credential 62

PYMNTS

DECEMBER 4, 2018

We must give credit to the criminals who engineered the recently disclosed data breach that could end up impacting some 500 million guests of Marriott International. Breach Aftermath. Here’s the challenge: Consumers are almost certainly becoming numb to these types of breaches, secure in the knowledge that banks will have their backs.

Breach 68

Breach Data Breach Authentication Database 68

PYMNTS

MARCH 31, 2020

Marriott International experienced a massive data breach in an “incident” that involved a property system. The hotel firm said in a notice that it “at the end of February 2020, the company identified that an unexpected amount of guest information may have been accessed” with the sign-in credentials of two franchise property staffers.

Data Breach 56

Data Breach Breach Credential Assessments 56

PYMNTS

NOVEMBER 3, 2020

He allegedly wrote software to scrape saleable information collected by botnets, particularly banking credentials. He is also accused of verifying stolen credentials and checking balances to ensure worthwhile hacks. Brovko is accused of collaborating with other cybercriminals to sell personal data on the darknet from 2007 through 2019.

Credential 104

Credential Breach Wire Wires 104

PYMNTS

JUNE 23, 2020

Reducing fraud is critical, as fraudsters look toward new avenues of stealing credentials and draining accounts. And securing those credentials will mean that, eventually, the payments ecosystem will revolve around eCommerce “IDs” that consumers can take with them no matter where or with whom they transact, across borders and devices.

Credential 110

Credential Issuers Breach RTP 110

PYMNTS

OCTOBER 21, 2016

Weebly said in an email to customers that user IP addresses were also taken in the breach. “We LeakedSource — who first broke the story of the Weebly hack — said it received the Weebly database from an anonymous source and notified Weebly of the breach. million accounts that apparently came from Foursquare via a December 2013 breach.

Credential 55

Credential Breach Disputes Database 55

PYMNTS

JUNE 23, 2020

This is not the first time Twitter has been exposed to a data breach. In 2016, nearly 33 million Twitter users’ personal data was compromised and offered for sale on the dark web, LeakedSource.com, the subscription-based breach notification service, reported. These credentials, however, are real and valid.

Data Breach 61

Data Breach Breach Compromise Credit Cards 61

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

PYMNTS

JUNE 29, 2020

Open banking comes with security risks, however, as a hacker that manages to breach an open banking API can hijack all of the apps that harness this interface to gather data. The most popular technique, credential abuse, involves fraudsters using compromised passwords and other login information to gain access to sensitive systems.

MFA 96

MFA Risk Security API 96

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 59

Data Breach Breach AI Law Enforcement 59

PYMNTS

SEPTEMBER 19, 2019

Thinkful, an online education site for developers, has revealed that it has been hit with a data breach. “We As soon as we discovered this unauthorized access, we promptly changed the credentials, took additional steps to enhance the security measures we have in place, and initiated a full investigation.”.

Data Breach 40

Data Breach Breach Request for Comment Credential 40

PYMNTS

JANUARY 27, 2020

Businesses have good reason to be concerned about data breaches. Cybercriminals’ accomplishments come at the expense of targeted businesses, with a recent study finding that individual data breaches cost firms around the globe an average of $3.92 million in 2019 — a 1.5 percent increase from 2018. Fighting the Phishers.

Phishing 99

Phishing Data Breach Breach Fraud Prevention 99

Segpay

OCTOBER 22, 2024

High-profile data breaches have made the risks of storing user IDs clear, with victims suffering from identity theft and financial loss. This reduces the risk of breaches and misuse. This significantly reduces the risk of privacy breaches. Additionally, companies that store sensitive data are prime targets for cyberattacks.

Verification 105

Verification Blockchain Privacy Encryption 105