PYMNTS

JANUARY 4, 2019

Following reports of its data breach last year, Marriott said on Friday (Jan. 4) that the total number of guest records involved in a Starwood database security incident was less than initially disclosed. million encrypted passport numbers in addition to the 5.25 million encrypted passport numbers in addition to the 5.25

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Data Breach Breach Encryption Database 70

VISTA InfoSec

JANUARY 18, 2024

As a reminder, the Payment Card Industry Data Security Standard (PCI DSS) is a comprehensive set of security requirements that all organizations handling cardholder data must adhere to. These requirements’ main objective is to safeguard sensitive cardholder information and mitigate data breaches.

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PCI DSS Procedures Encryption Security 289

VISTA InfoSec

MAY 24, 2024

Understanding PCI DSS Developed by the Payment Card Industry Security Standards Council (PCI SSC), it is mandatory for all businesses to be PCI compliant to protect cardholders, companies, the Merchants and Service Providers they do business with from data breaches, fraud, and unauthorized access. of PCI DSS.

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PCI DSS Small Business Assessments Compliance 243

PYMNTS

NOVEMBER 7, 2018

American Express India enabled a database to be accessible to anyone for longer than five days in October, according to a report in The Next Web. According to the report , the Hacken cyber consultancy team’s director of cyber risk research, Bob Diachenko, discovered the unprotected database on Oct. 20, but potentially even longer.

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Database Encryption Adjustments Consulting 67

PYMNTS

MAY 20, 2020

Home Chef, the Chicago-based meal kit and food delivery company, announced a data breach after a hacker sold information on its 8 million customers on a dark web marketplace, according to Bleeping Computer. They provided a sample showing the type of information in the database.

Data Breach 53

Data Breach Breach Request for Comment Database 53

PYMNTS

DECEMBER 6, 2018

The hackers behind that data breach at Marriott International may have been working for the government of China as part of an intelligence-gathering effort, reported Reuters. In what may be among the largest data breaches in history, Marriott International said Friday morning (Nov.

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Data Breach Breach Database Disputes 55

PYMNTS

NOVEMBER 30, 2018

In what may be among the largest data breaches in history, Marriott International said Friday morning (Nov. 30) that as many as 500 million guests’ data was accessed, tied to a breach of the Starwood hotel guest reservation database.

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Data Breach Breach Database Encryption 43

PYMNTS

OCTOBER 17, 2017

In a blog post , the company announced news that the data breach may have happened several years ago, but that it was only recently alerted to the cyberattack. However, the encryption algorithms used to secure passwords back in 2013 aren’t valid anymore because of advancements in computer hardware.

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Data Breach Breach Encryption Cybersecurity 40

VISTA InfoSec

JULY 31, 2023

Segregation of Networks: This involves isolating the cardholder data environment (CDE) from the rest of the business’s network. Doing so can help reduce the scope of PCI DSS compliance and minimize the risk of data breaches. Hackers target data in transit, making it important to implement safeguards and encryption measures.

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PCI DSS Security Encryption Risk Assessment 130

Stax

NOVEMBER 6, 2023

Moreover, companies need to follow data privacy and compliance requirements to stay in business. There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. The resulting token is essentially a proxy and has no real value.

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Encryption PCI DSS Data Security Origination 88

PYMNTS

JULY 30, 2019

Thompson formerly worked for Amazon Web Services, which hosted the Capital One database that was breached. 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.

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Breach Law Enforcement Data Breach Social Security 87

VISTA InfoSec

JANUARY 22, 2024

It boils down to minimizing the risk of data breaches and maximizing the security of cardholder information. This is achieved through a multi-pronged approach: Data Encryption: Requirement 3 mandates the use of strong cryptographic controls such as encryption for stored cardholder data. PCI DSS v3.2.1

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PCI DSS Encryption Procedures Authentication 100

Segpay

DECEMBER 13, 2024

For example, a leaked password can be changed, but a stolen fingerprint cannot, underscoring the need for secure storage and encryption practices in identity management. Right to Deletion: Both GDPR and CCPA provide individuals with the right to request data deletion. What are the important technologies for data privacy?

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Privacy Compliance CCPA Authentication 105

Segpay

OCTOBER 22, 2024

Additionally, companies that store sensitive data are prime targets for cyberattacks. High-profile data breaches have made the risks of storing user IDs clear, with victims suffering from identity theft and financial loss.

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Verification Blockchain Privacy Encryption 105

Segpay

NOVEMBER 26, 2024

passports, driver’s licenses), biometric data (e.g., typing speed, location data), with authoritative databases or records. Blockchain’s decentralized nature helps reduce the risk of identity theft and data breaches, offering a promising future for secure, tamper-proof digital identity verification in payments.

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Verification Identity Theft Due Diligence Money Laundering 111

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?

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Law Enforcement Database Breach Data Breach 66

CB Insights

OCTOBER 18, 2018

Data from the Verizon 2018 Data Breach Investigations Report shows that the attack-paths hackers take from initial compromise to final data breach are shrinking. Attack paths represent the number of steps that hackers have to take between breaking in and stealing an enterprise’s data.

Cybersecurity 57

Cybersecurity Data Breach Encryption Data Security 57

PYMNTS

MAY 19, 2020

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. Meanwhile, BlockFi suffered a “temporary data breach” on May 14 that exposed some customer information, the company reported in an incident report.

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Digital Currency Data Breach eWallet Breach 59

PYMNTS

MARCH 5, 2019

During that time, unauthorized parties had been able to copy and encrypt information that resided in the Starwood database, including around 25.55 million encrypted payment cards were also taken in the attack. An investigation then revealed that the unauthorized access had been happening since 2014. million passport numbers, 5.25

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Breach Encryption Database Data Breach 56

CB Insights

MARCH 27, 2019

Already this year, at least 30 organizations — including coffee chain Dunkin’ and cloud provider Rubrik — experienced major data breaches. Read our future of data security report for more on this topic. ). Cybersecurity is a hot topic today. Most recently, Dow Jones saw over 2.4M The Controversies.

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Cybersecurity Encryption Data Breach Breach 76

PYMNTS

AUGUST 16, 2019

Capital One employees raised red flags over security risks before the company suffered a massive data breach. About five years ago, the company started moving its data to the cloud. The alleged hacker, Paige Thompson, was a former employee of Amazon Web Services, which hosted the Capital One database that was breached. “We

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Caps Security Cybersecurity Breach 67

PYMNTS

JULY 10, 2019

Last year the hotel company revealed that guests’ data was accessed, tied to a breach of the Starwood hotel guest reservation database. The company also stated that credit card data may have been compromised even though it had been encrypted. We deeply regret this incident happened. Marriott generated about $3.6

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Regulations Due Diligence Breach Data Breach 54

PYMNTS

JUNE 19, 2019

“The naïve way to do this would be to take two sensitive data sets, dump them into a single database and do the join and the sum, but then you’ve got everything together and at risk of a data breach.”. This helped with either adding or removing layers of encryption without affecting the computations.

Encryption 46

Encryption Data Breach Privacy Wire 46

Basis Theory

OCTOBER 1, 2024

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

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PCI DSS Compliance Encryption Assessments 88

Exact Payments

JULY 1, 2024

By Jeremy Smillie, VP of DevSecOps at Exact Payments In an era where data breaches are not just threats but realities, protecting Personally Identifiable Information (PII) is more crucial than ever. At Exact Payments, we understand the magnitude of the responsibility of handling such sensitive data. We implement TLS 1.3,

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

Fintech Review

MARCH 18, 2025

This emerging technology holds particular relevance for fintech, which relies heavily on encryption to secure transactions and data. Researchers warn that powerful quantum computers could one day crack traditional encryption methods in a feasible time. Over time, cybersecurity threats pushed fintech security to evolve further.

Security 66

Security Encryption FinTech Breach 66

PYMNTS

DECEMBER 19, 2016

While Yahoo can’t seem to shake the consequences of its massive data breach, Costco may have finally gotten things right with its co-branded credit card, and IBM is keeping its eye on the blockchain prize. This week’s Data Dive takes a look at the turning points for those big names in payments and commerce.

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Credit Cards Breach Blockchain Data Breach 46

Segpay

NOVEMBER 20, 2024

Unlike passwords, which can be reset if compromised, biometric data is permanent. To address this, many systems now use encryption and secure storage techniques such as on-device storage. Furthermore, biometric templates—mathematical representations of the biometric data—are stored instead of the raw data itself.

Security 98

Security Technology Privacy Compromise 98

PYMNTS

JUNE 6, 2019

Fortune 500 company Tech Data left a server with access to customer and billing data unsecured, and it was compromised by security researchers, according to a report by TechCrunch. The server in question was operating a database that was used to log company events for its StreamOne Cloud service.

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Database Credit Cards Encryption Research 46

PYMNTS

MAY 21, 2018

TeenSafe assures parents that the app “employs industry-leading SSL and vormetric data encryption to secure your child’s data. Your child’s data is encrypted — and remains encrypted — until delivered to you, the parent.”. Both of the servers were pulled offline after ZDNet alerted the company. “We

Encryption 43

Encryption Data Encryption Duplicate Credential 43

FICO

DECEMBER 13, 2017

We frequently talk about how PII data from data breaches is for sale on the dark web. For the most part, low-level machines running the Internet do not have entries in DNS databases because typical Internet users have little reason to browse the information on the firewall that protects www.fico.com.

Bots 65

Bots Addressing Encryption Security 65

Exact Payments

FEBRUARY 26, 2024

Tokenization is the process of replacing sensitive cardholder data with algorithmically generated data, ensuring that no actual card information is stored or transmitted, only randomized digits. This additional layer of security blocks fraudsters, making it more difficult to steal credit card data. How does tokenization work?

Fraud Prevention 40

Fraud Prevention Credit Cards Data Breach Payments 40

Nanonets

JUNE 19, 2023

Database Management System: A database management system (DBMS) is a crucial component in on-premise automation. It stores and manages the data required for automation processes, ensuring data integrity, security, and efficient retrieval when needed.

Automation 52

Automation Disaster Recovery Process Security 52

Payment Savvy

SEPTEMBER 5, 2024

Online payment technologies such as encryption and tokenization make them quite secure, eliminating large risks of fraud or theft usually associated with traditional modes of payment. In this case, for example, one may explain Uber as simply scheduling and adding a payment service managed through a complex database.

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cryptocurrency 52

Nanonets

SEPTEMBER 18, 2024

Solutions: Choose a reputed automation tool that adheres to national and global compliance and regulatory standards such as GDPR, HIPAA, SOC2, ISO 27001, FedRAMP (in the U.S.)

Automation 52

Automation Audit Payment APIs and Integration Compliance 52

Nanonets

SEPTEMBER 25, 2024

Open banking and API integrations Efficient bank statement processing relies heavily on integrating financial systems such as accounting software, ERP platforms, and databases. With Open Banking and API integrations , businesses can directly connect their bank statement processing tools with these systems, ensuring seamless data flow.

Process 52

Process AI Best Practices Reconciliation 52

Nanonets

AUGUST 22, 2023

Integration: Excel automation facilitates integration with other software, databases, and systems, ensuring data flows seamlessly. Modernization: Excel automation bridges the gap between legacy processes and contemporary data-driven practices, enabling businesses to evolve.

Automation 52

Automation Process Volume Consulting 52