PYMNTS

JUNE 5, 2019

The app, designed for the Jewish community, left the database open without a password, exposing user data and private messages, said security researchers Noam Rotem and Ran Locar, according to reports. In addition, none of the data was encrypted. Dating app JCrush potentially exposed the records of around 200,000 users.

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Database Law Enforcement Request for Comment Encryption 46

VISTA InfoSec

MAY 24, 2024

Implement security measures such as firewalls, encryption, and access controls to protect cardholder data. It refers to an IT security process and technology that tests and checks operating system (OS), database, and application software files to determine whether they have been tampered with or corrupted. of PCI DSS.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

Stax

NOVEMBER 6, 2023

There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. Tokenization vs encryption Data encryption is another popular data security technique where data is transformed into an illegible format. The resulting token is essentially a proxy and has no real value.

Encryption 88

Encryption PCI DSS Data Security Origination 88

VISTA InfoSec

JULY 31, 2023

Protect Stored Cardholder Data: PCI DSS Requirement 3 reduces risks of storing sensitive data by using encryption, truncation, masking and hashing to protect cardholder data from hackers; thereby ensuring compliance with regulations. 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

PYMNTS

MAY 19, 2020

The company said that a third party breached and used the phone number of a BlockFi staffer to get into a part of the company’s encrypted back-office system without permission. In other news, the government of Iran is aiming to limit digital currency exchanges with so-called “currency smuggling” regulations, CoinDesk reported.

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Data Breach Breach Digital Currency eWallet 84

Segpay

OCTOBER 22, 2024

Blockchain technology offers a solution to these concerns, enabling age verification without collecting or storing sensitive data in a centralized database. How Blockchain-Based Age Verification Works After an initial identity check by a trusted authority, the user’s age is securely encrypted and stored on the blockchain.

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Verification Blockchain Privacy Encryption 105

VISTA InfoSec

JANUARY 22, 2024

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. Key Management: Requirement 3 also covers the secure management of cryptographic keys used for encryption of cardholder data. PCI DSS v4.0

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PCI DSS Encryption Procedures Authorization 100

PYMNTS

DECEMBER 1, 2019

An exposed database run by TrueDialog revealed millions of SMS text messages, according to published reports on Sunday (Dec. The exposed database, which contained years of sent and received text messages, wasn’t password protected or encrypted. Vistaprint spokesman Robert Crosland said customers in the U.S.,

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Database Request for Comment Breach Encryption 57

PYMNTS

DECEMBER 31, 2018

For example, Marriott , Facebook and a database marketing firm by the name of Exactis exposed the records of roughly 300 million people. Verification of that data cache found it to contain contact information, usernames and encrypted passwords — though it did not seem to contain any credit card or health and fitness data. “We

Data Breach 92

Data Breach Breach Database Compromise 92

PYMNTS

JANUARY 4, 2019

4) that the total number of guest records involved in a Starwood database security incident was less than initially disclosed. ” However, the company said, “there is no evidence that the unauthorized third party accessed the master encryption key needed to decrypt the encrypted passport numbers.”

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Data Breach Breach Encryption Database 70

Fintech News

APRIL 22, 2024

For signature-based detection, SecIron includes a large database of known malware signatures which ensures that SecIron can protect users from even the latest malware threats. So, when a mobile app is downloaded or launched, SecIron is able to compare the app’s signature to the signatures in its database.

Phishing 119

Phishing Security Blocks Cybersecurity 119

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. In identity management, this right is challenging, particularly if a users information is stored in various authentication databases.

Privacy 105

Privacy Compliance CCPA Authentication 105

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 66

Law Enforcement Database Breach Data Breach 66

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

JULY 30, 2019

Thompson formerly worked for Amazon Web Services, which hosted the Capital One database that was breached. Software engineer Paige Thompson, 33, allegedly boasted about the hack and left crumbs for investigators to follow, The New York Times reported. I’ve basically strapped myself with a bomb vest,” Ms.

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Breach Law Enforcement Data Breach Social Security 87

Fintech News

DECEMBER 5, 2024

. “Smile to Pay” by Alipay uses advanced facial recognition powered by AI to analyse facial features and create a secure biometric template matched with the user’s profile in Alipay’s database. To prevent fraud, it employs 3D sensing technology to distinguish real faces from photos or videos.

CHIPS 98

CHIPS Payment APIs and Integration Payments Privacy 98

Fintech Review

AUGUST 7, 2024

The utilization of advanced encryption technologies and digital signatures ensures the authenticity, integrity, and non-repudiation of the electronic documents. Furthermore, as electronic documents can be stored in a secure, centralized database, retrieving and sharing information becomes significantly more accessible.

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Risk Mitigation Mitigation Facilitators Risk 102

PYMNTS

MAY 20, 2020

They provided a sample showing the type of information in the database. It includes the user’s name, email address, phone number, encrypted password, last four digits of their credit card, gender, age, home address and subscription information, such as frequency of deliveries.

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Data Breach Breach Request for Comment Database 53

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

PYMNTS

OCTOBER 31, 2016

Then, “you can assume that all the transactions that are encrypted into that database in an immutable way are bound to that key.” With other complex technologies, one standout is blockchain, which helps verify that the users are real and onboarded onto the networks and a network key is given to the individual.

Online and Mobile Banking 76

Online and Mobile Banking Database Verification Authentication 76

PYMNTS

JANUARY 26, 2018

Blockchain technology is superior to the current centralized, cloud-based databases for recording digital asset transfer and access by third parties,” the company stated. Unlike centralized databases, a blockchain solution is permanent, immutable, trust-free and perpetually accessible, thus providing risk mitigation.”.

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Blockchain B2B Transactions API 62

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. The agency claims that it seized phones, computer equipment and cash, with the inclusion of U.S. dollars and Ukrainian hryvnias.

Digital Currency 59

Digital Currency Data Breach eWallet Database 59

Exact Payments

JULY 1, 2024

Our software partners transmit merchant data to our APIs using Transport Layer Security (TLS) encryption. TLS encrypts data during transit and offers enhanced security features to combat man-in-the-middle (MiTM) attacks. This approach enhances security and complies with the best data encryption and key management practices.

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

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 Privacy Data Breach Wires 46

PYMNTS

OCTOBER 17, 2017

So far, only information from the company’s user account database was leaked, which included details like email addresses, usernames and encrypted passwords for accounts that were created between 2008 and November of 2013. Currently, the company said it has found no evidence that there were any unauthorized logins or wrongdoing.

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Data Breach Breach Encryption Database 40

PYMNTS

NOVEMBER 7, 2018

American Express might have a database problem, Wells Fargo faces more regulatory issues and Louis Vuitton is beefing up its international commerce efforts. American Express India Database Accessible t o Anyone i n October. The database was mostly encrypted, but certain data sets might have included readable data.

Office of the Comptroller of the Currency 51

Office of the Comptroller of the Currency Cross-Border Payments Cross-Border OCC 51

CB Insights

OCTOBER 18, 2018

The series includes: The Future of Data Security Market Map : we used the CB Insights database to identify 30+ startups enhancing enterprise data security across 8 categories, including homomorphic encryption, data access management, and more.

Cybersecurity 57

Cybersecurity Data Breach Encryption Data Security 57

Segpay

NOVEMBER 26, 2024

typing speed, location data), with authoritative databases or records. Organizations must ensure that they have robust data protection measures in place, including encryption and secure storage solutions, to protect users’ data. This process involves comparing official documents (e.g.,

Verification 111

Verification Identity Theft Money Laundering Due Diligence 111

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.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

FICO

NOVEMBER 1, 2016

The NYDFS proposal requires multi-factor authentication for any users accessing internal systems from an external network and for privileged access to database servers. Data encryption. The NYDFS requires data encryption not just for data in-transit but also for data at-rest.

Cybersecurity 81

Cybersecurity Regulations PCI DSS Data Encryption 81

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.

Regulations 54

Regulations Due Diligence Breach Data Breach 54

PYMNTS

NOVEMBER 30, 2018

30) that as many as 500 million 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.

Data Breach 43

Data Breach Breach Database Encryption 43

PYMNTS

JANUARY 10, 2017

Bluefin Payment Systems, the provider of PCI-validated point-to-point encryption (P2PE) solutions for retail, health care and higher education, announced Tuesday (Jan. Keyed, swiped, and EMV data from point-of-sale systems is protected via PCI-validated controls and encryption, the company said.

PCI DSS 49

PCI DSS EMV Encryption Gateways 49

CB Insights

MARCH 27, 2019

In a post, CEO of Facebook Mark Zuckerberg said: “I believe the future of communication will increasingly shift to private, encrypted services where people can be confident what they say to each other stays secure and their messages and content won’t stick around forever.” The Controversies. Source: Cloudnosys.

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

PYMNTS

AUGUST 16, 2019

The alleged hacker, Paige Thompson, was a former employee of Amazon Web Services, which hosted the Capital One database that was breached. “We About five years ago, the company started moving its data to the cloud. We will incorporate the learnings of this incident to further strengthen our cyber defense,” the bank spokeswoman said.

Caps 67

Caps Security Cybersecurity Breach 67

Wharton Fintech

FEBRUARY 26, 2024

If you have noticed the chip that is on the card to provide encryption of all transactions and payments, when we moved into mobile devices like Apple Pay or Google Pay, we used the chips in your phone to offer similar encryption capabilities. A lot of technology went into securing the payment systems to fight fraud.

Visa 130

Visa Technology Payments Encryption 130

PYMNTS

JUNE 6, 2019

The server in question was operating a database that was used to log company events for its StreamOne Cloud service. The only part of the data that was encrypted were credit card numbers. The database was very large, and the researchers also found private keys and some passwords.

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Database Credit Cards Research Encryption 46