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 EMV adoption continues globally, with 94.76% of card-present transactions now using chip technology.

Point-of-Sale (POS)

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

Trade Credit & Liquidity Management

JULY 24, 2025

The solution addresses the persistent issue of outbound email risk, such as sending emails to unintended recipients, leaking sensitive data, misattaching files, or falling victim to sophisticated phishing attacks. These incidents are a major cause of data breaches, with human error cited as responsible for 60% of breaches as of 2025.

Risk

Finextra

AUGUST 1, 2025

This minimizes data breaches while simplifying workflows, ensuring privacy standards remain intact across all activities within the offices ecosystem. Cybercriminals continually exploit weak or stolen credentials, making stronger authentication methods essential for family offices. Encryption is a key solution here.

Security

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

FICO

AUGUST 31, 2017

While data breaches and ransomware grab the headlines, we’re still seeing fraud growth due to ATM compromises in the US. The number of POS device and ATM compromises rose 21 percent in the same period. As criminals try to beat the system, we are continually adapting the predictive analytics we use to detect compromises.

Compromise

PYMNTS

SEPTEMBER 21, 2019

“Cybercriminals continue to be creative in their attacks, turning their attention to industries such as manufacturing to retail, and using cloud technology and software like common mobile apps to their advantage,” he said in a statement last week. ” The U.S.

Data Breach

VISTA InfoSec

JULY 19, 2024

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. But not everyone is aware that it all begins with how electronic devices are designed.

Cybersecurity

PYMNTS

MARCH 6, 2018

After its point of sale (POS) systems were reportedly affected by malware designed to capture credit card information, RMH Franchise Holdings is warning that its Applebee’s restaurants in 15 states suffered a data breach. RMH became aware of the breach on Feb. 23, 2017.

Data Breach

Bank Automation

DECEMBER 21, 2023

Fraudsters continue to do damage in the finance industry, evidenced by recent attacks against Fidelity National Financial and Mr. Cooper, and financial institutions must strengthen their systems to avoid hacks and respond to breaches. In 2023, the average cost of a data breach in the financial industry was $5.9

Compromise

PYMNTS

DECEMBER 5, 2017

The public may learn of data breaches much more promptly if three senators get their way on a proposed Senate bill, the Data Security and Breach Notification Act, which was introduced on Thursday, Nov. To be fair, Yahoo did ‘fess up about the breach earlier, but only by a year. customers’ data at risk.

Data Breach

PYMNTS

FEBRUARY 21, 2017

When a company is hit with a data breach that leads to the leak of consumer information, the event will make headlines. Not so much, however, when a breach results in the compromise of sensitive corporate data, like information on M&A plans or intellectual property. ” An Innovative Future. .”

Data Breach

PYMNTS

OCTOBER 5, 2020

Customers’ data is transmitted to various parties when their cards are used at checkout and many hackers seek to compromise these communication flows to steal details. Data security compliance is a moving target as PCI continues to update its standards to stay ahead of fraudsters. Compliance Complexities.

Data Breach

PYMNTS

JUNE 6, 2016

Reports of data breaches and cyberattacks are serious, but what happens when those claims are untrue? According to Krebs on Security , last week, several identity theft protection companies incorrectly named Dropbox as the source of a data breach that compromised nearly 73 million usernames and passwords.

Data Breach

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

VISTA InfoSec

OCTOBER 21, 2024

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. But not everyone is aware that it all begins with how electronic devices are designed.

Cybersecurity

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 contrast, social engineering attacks continue to decline in prevalence.

APACS

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

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. With sensitive information at stake, including customer credit cards and proprietary business data, SMEs must prioritize robust cyber security measures.

Security

VISTA InfoSec

OCTOBER 21, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. With sensitive information at stake, including customer credit cards and proprietary business data, SMEs must prioritize robust cyber security measures.

Security

PYMNTS

JUNE 1, 2020

Google issued a stark warning last week about the state of cybersecurity: Phishing attacks are on the rise and continue to take advantage of vulnerabilities resulting from the global pandemic. Among a lengthy list of attack methods, ransomware and third-party breaches remain common tactics against law firms, the report revealed.

Phishing

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

PYMNTS

FEBRUARY 21, 2020

The deal will take 12 to 15 months to close, but along the way, we can expect the blurring of the lines between FinTechs and traditional FIs (with a digital bent, of course) to continue. Double-digit growth in eCommerce is expected to continue, as the retailer sees 30 percent gains in the current fiscal year. Elsewhere, the U.S.

Online and Mobile Banking

PYMNTS

JUNE 2, 2016

From cybersecurity records gathered via a Freedom of Information Act request, Reuters reported that it remains unclear if the data breaches reported resulted in sensitive data being compromised or funds stolen. Federal Reserve was targeted in more than 50 cyberattacks.

Data Breach

PYMNTS

FEBRUARY 28, 2019

In 2017, Equifax suffered a massive data breach that exposed the personal data of 143 million consumers in the U.S., Begor shared his experience at the hearing to tell consumers what the company has learned from the breach, said Nancy Bistritz, a spokeswoman for Equifax. “We

Identity Theft

PYMNTS

APRIL 29, 2016

Feedback came from 700 firms participating in the council’s network, along with industry reports on data breaches. includes multi-factor authentication as a requirement for any personnel with administrative access into environments handling card data. A significant change in PCI DSS 3.2

Data Breach

PYMNTS

JULY 31, 2018

mobile phone and electronics retailer, disclosed on Tuesday (July 31) an update on a data breach in which it found unauthorized access in the past to some of its data. The company noted there is evidence that data was taken off its servers, but that those records didn’t contain payment card or bank account details.

Data Breach

PYMNTS

MAY 18, 2020

In an online debate with Facebook CEO Mark Zuckerberg , Breton said Zuckerberg, and no one else, would be responsible for Facebook’s fate if no compromises or clarity could be found. He implored the Silicon Valley entrepreneur to “be careful with democracy, be careful with disinformation.”.

Regulations

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

PYMNTS

JANUARY 25, 2021

The data leaked included names, email addresses, phone numbers, bank account details and tax ID numbers, the report stated. No user funds have been compromised in the attack. Stability has continued to be a prevalent issue of digital coins, even despite the recent price surge.

Governance

PYMNTS

JULY 9, 2018

Timehop , the mobile app that gathers photos from social media, disclosed on Monday (July 9) that it was the subject of a data breach. In a blog post, the company said that on July 4 it experienced a network intrusion that led to a breach of some of its customers’ data.

Data Breach

PYMNTS

JULY 30, 2019

The documents said Thompson accessed the data through a “misconfiguration” of a firewall on a web application. . Capital One revealed the massive data breach in a news release on July 29, 2019. The breach impacts about 100 million individuals in the United States and around 6 million in Canada.

Breach

The Fintech Times

OCTOBER 18, 2024

Cyber risks : This risk includes threats such as hardware and software failures, spam, viruses, malicious attacks, and other IT-related issues that can compromise a company’s digital infrastructure. Invest in cybersecurity : Given the high stakes of data breaches, fintech leaders must prioritise investments in cybersecurity.

Risk

Fintech News

JANUARY 17, 2024

As the financial industry continues to evolve, so do the tactics fraudsters employ. Jumio highlights how cybercriminals increasingly compromised these methods using information from social media, data breaches, and phishing attacks. 2024 promises to be crucial in the ongoing struggle against financial cybercrime.

Deepfake

PYMNTS

AUGUST 21, 2018

When it comes to the bond between consumer and financial services, no doubt the relationship is a bit, well, frayed in the age of data breaches and the Dark Web. Beyond the static number, said Pointner, a trend is afoot, one where large institutions are hacked, time and again, and where the data leaks out.

Data Breach

PYMNTS

NOVEMBER 19, 2019

As its website has been hacked with code that steals shoppers’ payment information, Macy’s announced it has experienced a data breach. The website was compromised in early October, and a malicious script was added to the My Wallet and Checkout pages, Bleeping Computer reported.

Compromise