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Cybersecurity Company Finds TikTok Was Vulnerable To Hackers

PYMNTS

Check Point, a cybersecurity company based out of Israel, recently released research highlighting numerous security flaws in the popular smartphone app TikTok , which is incredibly popular with teenagers and one of the most downloaded apps in the world, according to a report by The New York Times on Wednesday (Jan.

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Sweden’s Folksam Insurance Group Reports Data Breach Involving Big Tech

PYMNTS

Folksam shared client data with Facebook, Google, Microsoft, LinkedIn and Adobe, the Swedish company said in a statement on Tuesday (Nov. Cybersecurity is taking on increasing importance — whether it involves foreign countries seeking to undermine U.S.

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Bitcoin Daily: Bitcoin Crests $19,800; Russian Bank To Launch Sbercoin Crypto In 2021

PYMNTS

Bitcoin saw a new all-time record high on Monday (Nov. In other news, Gutemberg Dos Santos was extradited from Panama to the United States on Nov. 25, on charges of participating in an international money laundering ring, the Southern District of New York’s State Attorney Office said in a press release on Monday (Nov.

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Beyond the Firewall: Rethinking Payment Data Security

Finextra

The Strategic Imperative Tokenisation isn’t just a cybersecurity tactic — it’s a smarter, more resilient way to handle business payment data in a landscape where breaches are inevitable and reputational risk is high. For financial operations teams, it’s a proactive step that protects both reputation and revenue.

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Visa Says EU Proposal On Electronic Payments Could Hurt Online Shopping

PYMNTS

An EU plan to require passwords or codes to authenticate electronic payments is raising the ire of Visa, which said Tuesday (Nov. The rules for electronic payments isn’t the only area that the EU is eyeing when it comes to cybersecurity. 22) the rules could hurt online shopping and may not boost security.

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Office Of The Comptroller Of The Currency Disclosed A Data Breach

PYMNTS

The incident occurred in Nov. which has prompted lawmakers to spend part of 2016 looking into shortfalls in FDIC cybersecurity policies. According to the report, the banking regulator said the data breach had to do with a former employee at the agency removing more than 10,000 records without receiving authorization to do so.

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T-Mobile Data Breach Puts Personal Data Of 1M+ Customers At Risk

PYMNTS

A recent data breach exposed the personal data of more than 1 million prepaid T-Mobile customers, reports said on Friday (Nov. Our cybersecurity team discovered and shut down malicious, unauthorized access to some information related to your T-Mobile prepaid wireless account. We promptly reported this to authorities.