PYMNTS

DECEMBER 20, 2018

The French Data Protection Authority said Thursday (Dec. 20) that it fined Uber $460,000 over its 2016 data breach that exposed the data on 57 million customers and drivers across the world. Uber paid hackers to hide the breach for about a year before it was disclosed. fined the ride-hailing company $490,760.

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Data Breach Breach Authorization Privacy 77

PYMNTS

OCTOBER 6, 2016

Yahoo, which is reeling from a massive data breach , is reportedly facing a class-action lawsuit over it. District Court, since the massive breach was announced. based data security company HANDD Business Solutions, in the report. According to a report , the company is facing two lawsuits, both filed in the U.S.

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Data Breach Breach Data Security Laws 75

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

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Data Breach Breach Database Compromise 92

Fintech Finance

MARCH 11, 2025

In fact, 63% of travelers are reluctant to store their payment details with travel companies due to concerns over fraud, data privacy, and unauthorized charges. 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.

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Payment Security Security Data Breach Authentication 96

PYMNTS

JANUARY 25, 2019

25), the DPC said it was again looking into the social media giant because of another breach notification it received from the company, according to a report from Reuters. The DPC has this week opened a new statutory inquiry into the latest data breach it received from Twitter on 8 January, 2019,” the Commission said on its website.

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Data Breach Breach Privacy Audit 76

PYMNTS

MARCH 7, 2019

Senate Homeland Security and Governmental Affairs Subcommittee on Investigations, executives from Equifax and Marriott were called out on their companies’ recent data breaches , while other witnesses helped describe the current landscape when it comes to online privacy and data security.

Data Breach 71

Data Breach Breach Privacy Federal Trade Commission 71

Payments Dive

AUGUST 12, 2019

As criminal activity evolves, the challenge is on for companies to keep pace with the latest data breach threats. Download this infographic from TNS which looks at the challenges organizations are facing when developing and evolving their security plans.

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Data Breach Breach Security Encryption 79

VISTA InfoSec

MAY 24, 2024

In an era where digital transactions reign supreme, ensuring the security of payment card data is paramount for businesses. Benefits of PCI DSS compliance for a small business: Enhanced Security reduces the risk of data breaches, fraud, and unauthorized access to sensitive cardholder data.

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PCI DSS Small Business Assessments Compliance 243

Payments Source

MAY 29, 2018

A direct correlation between the chip migration and rampant merchant data breaches is hard to prove. But experts say retailers' prioritization of EMV compliance contributed to other payment card security gaps, leading to the current high level of merchant data breaches.

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Data Breach EMV Breach CHIPS 67

PYMNTS

SEPTEMBER 26, 2018

in which Uber will pay $148 million to resolve allegations that it violated state laws pertaining to data breach reporting. In a press release , the two AGs said the settlement also covers charges that Uber violated reasonable data security laws with its 2016 breach of driver and customer information.

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Data Breach Breach Law Enforcement Settlement 69

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. Recovery cost.

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Best Practices Business Continuity Continuity Compromise 278

PYMNTS

APRIL 26, 2018

is only weeks away from bringing its Global Data Protection Regulation (GDPR) rules into effect, and corporates are ill-prepared for the data security requirements, according to new research. businesses is the data breach notification requirement. “In One of the areas of GDPR posing the greatest challenge to U.K.

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Data Breach Breach Compliance Rules 59

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.

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Data Breach Breach Identity Theft Debit Card 52

VISTA InfoSec

OCTOBER 21, 2024

A Data Protection Officer (DPO) can be called as an ally for organizations that deals with large amount of Privacy related data in its core operation. Technical understanding of IT systems and data security measures to ensure appropriate technical controls are in place to safeguard sensitive data.

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CCPA Privacy Assessments Laws 208

Payments Source

MARCH 13, 2018

They all disclosed a major data security breach, and they all remain in business despite what happened. As the names pile up — Equifax, Target, Home Depot, TJ Maxx, etc. there's one thing all of these brands have in common.

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Breach Data Breach Data Security Security 73

PYMNTS

MARCH 18, 2019

Reports in Business News Daily on Friday (March 15), co-authored by Assistant Professors of Finance Dr. Daniele Bianchi and Dr. Onur Tosun, found that data breaches at large organizations may cause financial losses at those companies, but they eventually lead to greater investments in their CEOs.

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Data Breach Breach Cybersecurity Research 56

PYMNTS

MAY 20, 2020

Home Chef, the Chicago-based meal kit and food delivery company, announced a data breach after a hacker sold information on its 8 million customers on a dark web marketplace, according to Bleeping Computer. In response to a request for comment from PYMNTS, Home Chef sent a link to its Q&A page about the breach.

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Data Breach Breach Request for Comment Database 53

Fi911

MAY 14, 2025

Data protection is a top priority in banking and payment systems, where sensitive information such as cardholder details and personal data are frequently exchanged. The rapid rise in cybercrime and data breaches makes robust security frameworks indispensable for financial institutions.

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Encryption PCI DSS Online and Mobile Banking Database 89

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. It’s unclear how many businesses have been affected.

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Data Breach Breach Compromise Credit Cards 61

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.

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Data Breach Breach PCI DSS Compliance 82

Payments Dive

OCTOBER 17, 2018

This infographic looks at some of the strategic considerations and concerns present today regarding data breach protection, including how time is critical, why some firms do not deploy data security measures and what the biggest threats are. Download your copy now!

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Data Breach Breach Security Data Security 60

PYMNTS

SEPTEMBER 17, 2018

Altaba also said it settled the lawsuits over the Yahoo data breach , incurring $47 million in litigation expenses. In a Securities and Exchange Commission (SEC) filing , Altaba said the sale was structured as an “accelerated bookbuild offering” or “ABO,” culminating in the sale of $4.3

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Data Breach Breach Agreements Authorization 63

Payments Source

OCTOBER 30, 2020

Mastercard has rolled out a set of AI-powered tools to thwart fraud and data breaches across banks' ecosystems, particularly to benefit acquirers’ online merchants.

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Visa AI Data Breach Security 137

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).

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Data Breach Breach AI Law Enforcement 59

PYMNTS

MAY 22, 2020

Arkansas, Colorado, Illinois and Ohio have warned tens of thousands of residents who have applied online for unemployment benefits due to COVID-19 of possible data breaches that could have exposed names, addresses and Social Security numbers. Protech Solutions Inc.,

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Data Breach Breach Request for Comment Social Security 53

PYMNTS

OCTOBER 3, 2016

SEC data breach disclosure rules are vague to say the least. 22 that the breach was a state-sponsored attack. Securities and Exchange Commission to investigate the disclosure action taken by Yahoo’s executives. According to Warner, less than 100 of 9,000 public companies have reported a data breach since 2010. “I

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Breach Federal Trade Commission Data Breach Rules 74

Payments Source

OCTOBER 4, 2019

Retailers are decelerating data security spending, even as attacks become more sophisticated and merchants emphasize the types of multi-channel shopping that draws attackers.

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Data Security Security Data Breach Breach 111

Payments Source

JULY 19, 2019

The agreement with authorities including the Federal Trade Commission and state attorneys general — and possibly the Consumer Financial Protection Bureau — may be announced as soon as Monday.

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Federal Trade Commission Data Breach Settlement Breach 81

PYMNTS

OCTOBER 17, 2018

17) that it has partnered with TokenEx for data security. In a press release , the companies said Bluefin and TokenEx will provide their platform security technologies to each company’s client base, including Bluefin’s PCI-validated P2PE solution for TokenEx clients and TokenEx’s cloud tokenization solution for Bluefin clients.

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Data Security Security Data Breach Encryption 62

VISTA InfoSec

JULY 5, 2023

Data security has become an essential aspect of our lives and is more crucial than ever before. In the healthcare industry, organizations are entrusted with a plethora of sensitive information, including PHI, PII, and financial data. What is data security in healthcare? million between May 2020 and March 2021.

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PCI DSS Compliance Data Breach Breach 130

EBizCharge

MARCH 18, 2025

As data breaches evolve and advance, a robust payment processing system that protects sensitive financial information is essential. For companies using Sage 100, understanding how to process credit cards securely is not just an option it’s a necessity.

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Credit Cards Process Security Data Breach 52

Payments Source

NOVEMBER 19, 2019

Could the Macy's online data breach have been thwarted by SRC, a new security technology championed by the card brands?

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Breach Data Breach Security Technology 76

Payments Dive

AUGUST 2, 2019

As consumers embrace mobile devices and IoT technology in growing numbers, organizations are finding themselves under pressure to address data security concerns related to these devices. Download this infographic from TNS which looks at the challenges that security professionals are facing.

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Data Breach Mobile Payments Security Breach 95

The Fintech Times

FEBRUARY 5, 2024

Organisations’ attack surfaces are defined by the size and scope of their data environments. However, 74 per cent of respondents said their data security risk has now increased faster than the growth in the data they manage. Additionally, 46 per cent had not tested their processes or solutions in over 12 months. .

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Ransomware Data Security Data Breach Breach 115

Fi911

FEBRUARY 26, 2025

The Payment Card Industry Data Security Standard (PCI-DSS) is a set of global standards developed to safeguard cardholder data. Compliance ensures robust security practices to prevent breaches and protect sensitive payment card data.

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PCI DSS Compliance MFA Assessments 59

Payments Source

APRIL 3, 2018

Before reports of the data breach at Saks Fifth Avenue, Saks OFF 5th, and Lord & Taylor fade from the news cycle, there's one detail that should alarm merchants, card issuers and consumers — and sets a tone for future data breaches.

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Breach Data Breach Card Issuer Issuers 64

Payments Source

NOVEMBER 30, 2018

An invisible payment becomes a lot more visible when it’s compromised, making Marriott’s data breach a threat to one of the most important innovations in retail, which should scare everyone from Uber to Amazon.

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Breach Data Breach Compromise Payments 71