PYMNTS

FEBRUARY 2, 2017

And the number of things corporations have to juggle to safeguard their data — from the numerous types of fraud to the copious technologies that combat it all — mean cybersecurity is no easy task. With several types of fraud threatening the business today, spending on cybersecurity measures is spiking — big time. Wishful Thinking.

Security

PYMNTS

DECEMBER 15, 2016

14) that a new cybersecurity breach incident has affected over a billion of its users and their private data. Yahoo stated that it has taken measures to secure user accounts and is currently working with law enforcement in an investigation. In what feels like déjà vu, there’s more bad news for Yahoo users.

Data Breach

PYMNTS

AUGUST 14, 2018

14) put forth a new law that would call on technology companies, including Apple, to provide access to encrypted data if they receive a warrant. Only the device receiving the message can understand the data and Apple doesn’t have access to the encryption code, so as a result they can’t provide access.

Encryption

PYMNTS

APRIL 14, 2016

Tensions between Washington and Silicon Valley may heat up with the circulation of the latest proposal from lawmakers that would force private companies to unlock encrypted devices and technology at the request of a court order. I do not believe, however, that those solutions should be above the law.”.

Encryption

PYMNTS

DECEMBER 16, 2016

At some point in 2013, cybercriminals made off with the records of more than 1 billion users, including names, birth dates, phone numbers, passwords that were encrypted in an easily broken manner, security questions and backup email addresses used to reset lost passwords. What happened to all that data for three years? No one exactly knows.

Law Enforcement

PYMNTS

SEPTEMBER 7, 2018

The marquee names, or sites, that have been the target of law enforcement have been tied to criminal activities. That comes amid a relatively tepid projection for cybersecurity spend, slated to grow 9 percent annually. The darkness comes through encryption: Entire networks are hidden from view.

Law Enforcement

PYMNTS

JANUARY 2, 2020

According to reports , while the malware affected all point-of-sale terminals at Landry’s locations, it was unable to actually steal data from the majority of customers due to the end-to-end encryption technology the chain has employed for years.

Payments Data

Fintech News

FEBRUARY 10, 2025

In 2024, law enforcement traced a series of cryptocurrency transactions to local hawala networks, which facilitated money transfers between terrorist cells. While traditional darknet marketplaces have seen a decline in activity, drug dealers have moved operations to encrypted messaging apps like Telegram and Signal.

Crime

PYMNTS

JANUARY 17, 2017

The college’s electronic files had all been encrypted and campus email, voicemail and computer system services had been interrupted. In consultation with district and college leadership, outside cybersecurity experts and law enforcement, a payment of $28,000 was made by the district.

Bitcoin

PYMNTS

AUGUST 15, 2019

“After recently detecting unauthorized activity on some of our payment processing systems, we immediately began an investigation with the help of leading cybersecurity firms. We also notified federal law enforcement and the payment card networks.

Credit Cards

PYMNTS

AUGUST 10, 2018

All files on each host in the network have been encrypted with a strong algorithm.” The message also included the typical warning not to attempt to break the encryption themselves or they would lose all of their data. According to Cryptovest , the message read, “Your network has been penetrated. However, not everyone agrees.

Ransomware

EBizCharge

OCTOBER 25, 2023

Therefore, businesses must secure their networks and systems to prevent unauthorized access by deploying strong encryption, setting up firewalls, ensuring accurate user authentication processes, and more. Businesses must enforce safe and reliable policies to securely dispose of different data.

Data Breach

PYMNTS

APRIL 13, 2017

Intercede provides cybersecurity products and services globally to governments, financial institutions and enterprises, service providers, and app developers. But it’s not as though today’s mobile devices are incapable of strong encryption. based digital trust company. Paris gave the timely example of U.K.

Authentication

PYMNTS

DECEMBER 16, 2016

As of Wednesday, Yahoo had officially announced that things were much, much worse than one might have thought — as a new cybersecurity breach has managed to release the personal data of over 1 billion users. Yahoo stated that it has taken measures to secure user accounts and is currently working with law enforcement in an investigation.

Breach

Segpay

MAY 1, 2024

Cybersecurity Measures: DORA mandates PSPs to implement robust cybersecurity measures to protect their digital infrastructure, systems, and data from cyber threats and attacks. This will require many contracts to be rewritten or even renegotiated to ensure that security and risk management standards are enumerated and enforced.

Cybersecurity

Core

FEBRUARY 6, 2024

However, ongoing evaluation of their practices, compliance standards, and cybersecurity measures are essential aspects of due diligence. Collaboration with Law Enforcement Government finance teams are not alone in handling fraudulent activity.

Best Practices

FICO

DECEMBER 13, 2017

However, one topic we have not yet broached is the convergence of fraud and cybersecurity. People have hijacked some components attached to the Internet, and built new components, to create another Web within the Internet, through encrypted networks. We frequently talk about how PII data from data breaches is for sale on the dark web.

Bots

PYMNTS

NOVEMBER 9, 2018

According to Nathaniel Gleicher, Facebook’s head of cybersecurity policy, accounts were blocked after a tip from law enforcement raised concerns that they were linked to the Russian state-backed organization and “engaged in coordinated inauthentic behavior, which is banned from our services.”.

Real Time Payments

CB Insights

AUGUST 25, 2017

Cybersecurity. One way blockchain reduces conventional cybersecurity risk is by simply removing the need for human intermediaries — thus lessening the threat of hacking, corruption, or human error. Law Enforcement. Startups are innovating to bring these benefits to law enforcement. education and academia.

Blockchain