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What Should Merchants Do If They Suspect Credit Card Fraud At Their Business?

Clearly Payments

Isolate and Secure the Affected System Immediately isolate any compromised systems or payment terminals to prevent further unauthorized access. This documentation may be valuable for law enforcement or investigations by financial institutions. Here are specific steps to take if a credit card fraud incident occurs.

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What to do if your company suffers a data breach

VISTA InfoSec

Data breaches are affecting millions of people across the globe, with over 340 million records already compromised in 2023 headline cases and new incidents surfacing every week. You need to know if any data has been compromised and, if so, where it may have been shared. This must be done using the electronic notice forms online.

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Home Improvement Startup Houzz Suffers Data Breach

PYMNTS

It also notified law enforcement authorities, as well as any customers that might have been impacted by the incident. “We do not believe that any passwords were compromised because we do not actually store passwords, except in a one-way encrypted form that is salted uniquely per user,” the company wrote.

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Apple Rehires Encryption Expert

PYMNTS

Apple’s encryption battle against the FBI may have simmered down, but Apple is not backing down on further bolstering the security of its devices. In his time at Apple, Callas built an encryption system to safeguard data stored on Mac computers. and Silent Circle, Reuters reported.

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Hacker Arrested In Capital One Breach Affecting 100M+ 

PYMNTS

The company said it discovered July 19 that there was unauthorized access and fixed the configuration vulnerability, then immediately notified federal law enforcement. The breach impacts about 100 million individuals in the United States and around 6 million in Canada.

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New Yahoo Data Breach

PYMNTS

Yahoo stated that it has taken measures to secure user accounts and is currently working with law enforcement in an investigation. In September of this year, it was revealed that over 500 million Yahoo accounts had been compromised back in 2014. Verizon, which has been in negotiations with Yahoo since July over a $4.83

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Hy-Vee Says Customer Credit Card Info Was Compromised

PYMNTS

We also notified federal law enforcement and the payment card networks. The systems that are being investigated for the data breach use point-to-point encryption, which supposedly makes seeing card data virtually impossible.