The Payments Association

JUNE 11, 2025

As threats continue to grow in both volume and sophistication, platform operators must find new ways to balance commercial agility with robust risk oversight. Traditional attack vectors continue to evolve alongside these new threats. Executive summary Digital commerce platforms face a structural paradox.

Risk

Finextra

JUNE 26, 2025

The very factors driving digital adoption thus amplify the necessity for robust security measures, initiating a continuous and dynamic contest between technological innovation and efforts to prevent fraud. share in the UK.

Stablecoins

Finextra

JUNE 26, 2025

The very factors driving digital adoption thus amplify the necessity for robust security measures, initiating a continuous and dynamic contest between technological innovation and efforts to prevent fraud. share in the UK.

Stablecoins

Nanonets

OCTOBER 27, 2024

If you already have an account, simply log in with your credentials. “Continue the story after the words "The trees, the mountains and the rivers cried."”  Sign Up or Log In: If you’re a new user, click on the Sign Up button to create an account.

Laws

VISTA InfoSec

APRIL 5, 2024

This integration is essential as employers move forward with their business continuity plans. As the paradigm shift continues, businesses modify their operations to ensure that productivity remains paramount. This article will discuss the best practices when it comes to business continuity in the remote work era.

Best Practices

PYMNTS

APRIL 19, 2019

Chipotle Mexican Grill has been the victim of a cyberattack that compromised the credit card payment information for a small number of customers. ” Chipotle, which will continue to monitor the situation, recently posted better-than-expected earnings results for the fourth quarter of 2018, reporting sales of $1.23 per share.

Credential

VISTA InfoSec

MAY 23, 2024

This approach is slightly more complex, but it is applicable in cases when a specific resource needs to be removed permanently from the infrastructure because its continued existence only adds unnecessary clutter. These storage resources can be compromised and lead to data leaks similar to the unsecure S3 bucket of THSuite reported in 2020.

Compromise

PYMNTS

APRIL 24, 2019

Consumers often repeat passwords across sites, the firm noted, and fraudsters use a technique known as credential stuffing — wherein they’ve taken email addresses and passwords gleaned in other attacks, and used them to brute force their way into customers’ Chipotle accounts. It could easily be credential stuffing. So, what’s going on?

Credential

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

PYMNTS

OCTOBER 27, 2017

Hackers look for ways to best monetize the computers they compromise. Traditional avenues include stealing bank account credentials to sell on the dark web or installing destructive malware software. Their new tactic is injecting code that generates bitcoin onto cloud-computing servers and compromised websites.

Compromise

PYMNTS

JUNE 23, 2020

And with the continued shift from in-person commerce to card-not-present sales, trust is important. Reducing fraud is critical, as fraudsters look toward new avenues of stealing credentials and draining accounts. The tokenized credentials cannot be stolen or compromised, which makes digital payments safer for consumers and merchants.

Credential

PYMNTS

NOVEMBER 25, 2020

Financial firms expect that the cost to defend against cyberattacks will continue to increase in 2021, according to Bloomberg , citing a survey done by Deloitte & Touche LLP.

Cybersecurity

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

PYMNTS

NOVEMBER 2, 2020

Securities and Exchange Commission (SEC) Chairman Jay Clayton said corporate America needs to be more proactive about cybersecurity, warning that the threat of cyberattacks will continue, CNBC reported. Speaking on CNBC's “Power Lunch,” Clayton said cybersecurity risks compounded on the pandemic and the U.S. presidential election.

Cybersecurity

PYMNTS

SEPTEMBER 15, 2016

The patent covers methods and systems to map risks arising from credentials, especially privileged credentials, present on machines in the network that, once compromised, enable attackers to access and compromise other machines in the network.

Risk

VISTA InfoSec

DECEMBER 19, 2024

Know and Limit Access Prevent compromise of credentials Manage identities and segregate privileges 3.Detect Monitoring and Threat Detection Deploy tools for continuous monitoring of SWIFT-related environments. Secure Messaging Practices Encrypt all financial messages transmitted over the SWIFT network.

SWIFT

PYMNTS

AUGUST 24, 2020

This week's B2B Data Digest looks at the rising threat of the business email compromise (BEC) scam and invoice fraud on companies of all sizes in the U.S., A 60 percent increase in ransomware payments signals continued B2B payment attacks, according to the latest data from Coveware. Canada and the world over.

Scams

Fintech News

MAY 1, 2025

In contrast, social engineering attacks continue to decline in prevalence. Social engineering involves the psychological manipulation of individuals to trick them into taking actions that compromise security or reveal confidential information. This trend can be in part explained by improved web security practices by organizations.

APACS

PYMNTS

JANUARY 14, 2020

But for many service providers, achieving one can often mean compromising the other. Regulatory mandates “seem to update every year,” he added, meaning service providers will continue to have to stay on their toes to keep security and compliance at the center of their cloud migration and digitization initiatives.

Security

PYMNTS

NOVEMBER 16, 2020

But as she noted, fraudsters let no crisis go to waste as they continue to explore new ways to conduct social engineering and other methods to victimize consumers under sometimes dire circumstances. Consumers should also take pains not to re-use passwords and strive to use good credential management.

Identity Theft

VISTA InfoSec

NOVEMBER 7, 2023

Man-in-the-Middle attacks : Attackers secretly intercept and relay communication between two parties, potentially capturing login credentials. Brute force attacks : Cyber attackers use trial-and-error methods to guess login credentials, exploiting weak passwords. System verification : The system checks the entered credentials.

Authentication

Fintech News

MARCH 25, 2024

The 2023 Mobile Banking Heists Report, released in December 2023, provides an overview of the risks to mobile financial applications, highlighting the continued evolution and success of mobile banking malware and mobile banking fraud around the globe. Hook is a type of malicious software specifically designed to target mobile banking apps.

Mobile Banking

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. Maintaining routine backups of critical data is essential for ensuring business continuity.

Ransomware

Fintech Finance

NOVEMBER 6, 2024

In just a few months, the Mastercard Payment Passkey Service has rapidly gained momentum with merchants, and continues to scale as leading banks, payment aggregators and online merchants adopt the service. More Sales: Merchants reduce cases of cart abandonment as they make customer transactions faster, easier and more reliable.

Visa

PYMNTS

NOVEMBER 16, 2020

The risk of fraud continues to climb for organizations of all sizes as the latest data reveals third-quarter spikes in business email compromise and ransomware scams. This week's B2B Data Digest takes a look at the numbers behind those spikes, finding small businesses to be particularly at-risk.

Business Email Compromise

Segpay

OCTOBER 22, 2024

Industries that may benefit from Biometric Age Verification Online Services : Websites, web shops and apps that offer age-restricted products, services or content can use blockchain-based age verification to ensure compliance without compromising user privacy.

Verification

PYMNTS

JANUARY 25, 2021

They often hack into these consumers’ accounts using passwords stolen from other sites that use the same login credentials, for example. FIs’ fraud-fighting budgets are hitting record highs as the threat of cybercrime continues to grow. For more on these and other digital-first banking news items, download this month’s Tracker.

Credential

PYMNTS

MAY 13, 2020

Visa said Wednesday (May 13) that 28 new partners — spanning a range of gateway acquirers and technology partners — are joining Visa Token Service as credential on file token requestors. to Click to Pay and said that the migration will continue over the next several months. But the challenges are there too, he said.

Credential

VISTA InfoSec

DECEMBER 19, 2024

Know and Limit Access Prevent compromise of credentials Manage identities and segregate privileges 3.Detect Monitoring and Threat Detection Deploy tools for continuous monitoring of SWIFT-related environments. Secure Messaging Practices Encrypt all financial messages transmitted over the SWIFT network.

SWIFT

PYMNTS

JULY 30, 2019

The bank says it does not appear that the hacker had used the stolen information for fraudulent purposes, but investigators will continue to look into it. Capital One stressed that credit card account numbers and login credentials were not compromised, while more than 99 percent of Social Security numbers were not impacted.

Breach

PYMNTS

OCTOBER 14, 2016

In this week’s Hacker Tracker , we explore why hackers continue to have their eyes fixed on SWIFT and what other organizations are also working to fight off their malicious advances. The payment system of handbag company Vera Bradley may have been compromised by a massive data breach last month. Hackers Get Fashionable.

SWIFT

PYMNTS

SEPTEMBER 24, 2019

With billions of compromised credentials exposed online, there is a high likelihood that most users of the U.S. financial system have had some information about themselves … compromised at some point.”. “These are attempts, and, often because of diligent work by bank compliance officers, do not represent actual losses.

Fincen

PYMNTS

AUGUST 17, 2020

In this week’s Data Digest, PYMNTS rounds up the latest cases and research into how corporates are being targeted with crimes like the business email compromise (BEC) scam, as well as how they’re fighting back. According to Trend Micro, this criminal activity continues. reports. . $5

Business Email Compromise

PYMNTS

DECEMBER 7, 2020

Business email compromise (BEC) scams continue to ravage company coffers. IBM researchers Claire Zaboeva and Melissa Frydrych said the aim of the attack "may have been to harvest credentials to gain future unauthorized access," possibly with an intent to obtain information into vaccine distribution strategies.

Business Email Compromise

Clearly Payments

JANUARY 12, 2024

Isolate and Secure the Affected System Immediately isolate any compromised systems or payment terminals to prevent further unauthorized access. Change passwords and access credentials for the affected systems to prevent continued unauthorized activity. Here are specific steps to take if a credit card fraud incident occurs.

Credit Cards

PYMNTS

NOVEMBER 22, 2016

These apps can trick unsuspecting consumers into downloading malware and compromising their login credentials and credit card information. According to the research study, cybercriminals leverage five of the leading eCommerce brands to exploit consumers doing Black Friday shopping across mobile and web.

Phishing

PYMNTS

DECEMBER 16, 2016

The report revealed that hackers are moving laterally undetected through networks, which enabled them to compromise asset management servers and subsequently plant malware on POS terminals for either timed or remote activation. With that, Crandall said the number of compromised records will continue to go up as well.

Breach