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. We have a major security effort at the company that hardens all of our surfaces.”. about a potential data security incident. There were a few noteworthy headliners.

Data Breach

PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”. dollars and Ukrainian hryvnias. dollars and Ukrainian hryvnias.

Data Breach

PYMNTS

JULY 30, 2019

Thompson formerly worked for Amazon Web Services, which hosted the Capital One database that was breached. Capital One stressed that credit card account numbers and login credentials were not compromised, while more than 99 percent of Social Security numbers were not impacted.

Breach

VISTA InfoSec

JULY 5, 2023

Data security has become an essential aspect of our lives and is more crucial than ever before. What is data security in healthcare? To ensure the safety of this sensitive information, data security plays a pivotal role in safeguarding patient data from unauthorized access, illegal data breaches, or accidental deletion.

PCI DSS

Segpay

NOVEMBER 26, 2024

Whether we are setting up a new bank account, making a purchase online, or accessing government services, confirming who we are in the virtual space is crucial to ensuring our security, the protection of our privacy, and the improvement of our user experience. typing speed, location data), with authoritative databases or records.

Verification

PYMNTS

SEPTEMBER 24, 2020

Social Security numbers. ATOs mostly] happen through social engineering,” he said. A major factor in this decline has been the rise of improved authentication and security systems at banks like Axis. It’s like the Social Security number in the U.S.,” Identity fraud accounted for $16.9 Shetty explained.

Account Takeovers

PYMNTS

JANUARY 24, 2019

A server running an Elasticsearch database contained sensitive data from as far back as 2008 that included loan and mortgage agreements, repayment schedules and other financial and tax documents. The database, which is believed to have been exposed for two weeks, was discovered by independent security researcher Bob Diachenko.

Law Enforcement

PYMNTS

JUNE 15, 2018

In one example germane to security and payments, ALTR has emerged from four years of stealth, with $15 million in private and institutional backing and what is being billed as the first commercial software package that it says “unleashes the security benefits of blockchain.”.

Blockchain

PYMNTS

MARCH 27, 2020

The Department Of Homeland Security ( DHS ) is lengthening the enforcement deadline for REAL ID because of the coronavirus pandemic, according to a statement. It sought to increase security standards for drivers’ licenses made by the states. The REAL ID launch serves as the last part of an act Congress ratified in 2005 following 9/11.

Social Security

PYMNTS

JANUARY 7, 2019

Department of Homeland Security (DHS). As of late December, 40 states were compliant with the law (designed to bring a higher level of security, and confidence, to personal ID documents), as Jumio CRO Robert Prigge told Karen Webster in a new PYMNTS interview. However, progress continued, and as of Jan.

Authentication

PYMNTS

JULY 4, 2018

The ETFMG Prime Cyber Security ETF, for example, has risen 18 percent this year, CNBC reported. That projection comes as Oppenheimer Senior Analyst Shaul Eyal noted that “chief information security officers are directing more and more of their budgets toward the most mission-critical [parts] of their network.”. billion last year.

Cybersecurity

PYMNTS

MARCH 31, 2017

Just weeks ago at PYMNTS’ Innovation Project, Alison Connolly, director of strategic partnerships at Owl Cybersecurity , shared how the company is creating an opportunity for dark net big data to be harnessed through a commercially available database. Let The Search Begin. Putting Dark Data To Use.

Database

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

PYMNTS

JUNE 22, 2020

And for the customers, there’s the rabbit hole of trying to prove that the bad guys co-opted their names, social security numbers and other data. Against that backdrop, FIs must walk a tightrope, balancing customer security with the customer experience, minimizing onboarding friction while meeting regulatory requirements.

Identity Theft

Exact Payments

JULY 1, 2024

Recognizing this, we don’t just meet the minimum security standards—we exceed them. At Exact Payments, we have meticulously engineered a multi-layered security architecture to ensure the rigorous protection of user data during the onboarding process. The encrypted data is then written to our database. We implement TLS 1.3,

Data Security

PYMNTS

NOVEMBER 7, 2019

Capital One ’s chief information security officer (CISO), Michael Johnson, is being transferred to a new position following the bank’s colossal cyberattack in July, The Wall Street Journal (WSJ) reported Thursday (Nov. Capital One employees raised red flags over security risks before the company suffered a massive data breach.

Data Breach

PYMNTS

SEPTEMBER 13, 2017

The information includes names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers, though the company also reported U.S. 1,780,000 | Combined dollar amount Equifax execs unloaded before revealing fraudulent activity on company consumer and commercial credit reporting databases.

Data Breach

PYMNTS

APRIL 3, 2019

“A central Georgia Tech database was accessed by an unknown outside entity. The university’s information security officials are working to determine the extent of the breach, as well as identify those who may have been affected by it. However, it’s unknown how long the hacker(s) had access to the database.

Data Breach

PYMNTS

JUNE 29, 2018

Security researcher Vinny Troia discovered the breach earlier this month. It seems like this is a database with pretty much every U.S. citizen in it,” said Troia, founder of Night Lion Security , in the report. The civil case was filed in U.S. Keller is also co-lead counsel in the recent Equifax data breach class action.

Data Breach

PYMNTS

APRIL 23, 2019

At the same time, these providers cannot afford to implement security procedures that slow onboarding processes, as that could risk losing customers to competitors that offer the speed and ease they seek. . It turns to a KYC aggregator to help verify customers’ data by pulling credentials from several different databases.

Money Laundering

Stax

NOVEMBER 6, 2023

There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. With payment tokenization, the actual credit card data isn’t stored thereby making digital payment transactions more secure. Data that is accurate and immune to unwarranted changes is said to have Integrity.

Encryption

Nanonets

APRIL 14, 2023

Traditionally, this term referred to the manual process of examining paper or electronic documents and entering data into databases. These tools can then extract data from these documents and turn them into structured data that can be easily integrated into databases and other systems.

Process

CB Insights

NOVEMBER 21, 2017

One answer: use a database — a ledger. Is Bitcoin really secure? It solves this problem via clever economics: Incentive: The first miner to verify transactions and devote immense computing power to secure the blockchain can append a block of transactions to the chain of previous blocks. Bob has the token, and Alice does not.

Blockchain

PYMNTS

DECEMBER 18, 2019

Under a key provision, companies must give consumers the option to have their information deleted from databases,” the law said. Consumers the right to know what personal information companies collect from them, the California law says.

Laws

PYMNTS

FEBRUARY 1, 2019

The Aadhaar number — a sort of 12-digit confidential Social Security number — was accessible as a file name with the person’s photo. While not completely secret, Aadhaar numbers can be used to verify identities for citizens who want social services, or to do even more everyday tasks, like call an Uber or rent an Airbnb.

Compromise

PYMNTS

DECEMBER 3, 2018

To learn more about how to better authenticate online purchases of those products (the vapes, the liquids), and how to do so in ways that are seamless and secure, PYMNTS spoke with Reinhard Hochrieser, director of product management at Jumio , an authentication solutions provider. Market Growth. First, a word about the stakes involved.

Authentication

PYMNTS

AUGUST 1, 2019

Although the investigation came around at the same time a Seattle woman hacked a database of credit-card issuer Capital One Financial that was stored on the eCommerce giant’s cloud server, examiners were reportedly not aware of the breach when they visited Amazon’s Virginia facility.

Regulations

PYMNTS

DECEMBER 19, 2019

Under a key provision, companies must give consumers the option to have their information deleted from databases,” the law said. Consumers have the right to know what personal information companies collect from them, the California law says.

Laws

PYMNTS

DECEMBER 31, 2019

In data coming into the end of the year, Risk Based Security said hackers had accessed 7.9 According to reports and as noted in this space, the data reportedly may have been accessed through manipulation of the social media giant’s API. Data compromised included email addresses, Social Security numbers and bank information.

Data Breach

CB Insights

MARCH 20, 2018

The government’s ambitious plans hinge on three legs: support from big tech giants like Alibaba and Tencent, strong startup partnerships, and elaborately crafted government policies favoring national security over privacy. A simple keyword search on worldwide patent database Espacenet shows how much emphsais China has put on surveillance.

AI

Nanonets

JUNE 28, 2023

It also includes details about the taxes withheld from the employee's paycheck, including federal income tax, Social Security tax, and Medicare tax. They also need to submit a copy of the W-2 form to the Social Security Administration (SSA) and the IRS. Who Files a W-2 Form?

Automation

PYMNTS

APRIL 5, 2018

According to Reuters , the suit alleges that the credit reporting firm failed to protect its databases or provide prompt notice of the massive data breach that exposed the personal data of 147 million people. These allegations state a viable claim for violation of the data security regulations,” Salinger wrote.

Federal Trade Commission

PYMNTS

FEBRUARY 26, 2019

To join Neon, users must first complete the onboarding process, which requires details such as their names, social security numbers and a selfie. As this information is collected, it is simultaneously verified against several databases. Selfie images are compared to liveness checks to ensure customers are real people.

Authentication

PYMNTS

MARCH 1, 2018

“It’s about sifting through the previously identified stolen data, analyzing other information in our databases that was not taken by the attackers and making connections that enabled us to identify additional individuals.”.

Data Breach

Stax

NOVEMBER 27, 2023

This includes their name, date of birth, address, and identification number (such as a social security number). This can involve comparing the information provided to databases, and ensuring the customer isn’t a politically exposed person (PEP), on any sanctions list, or suspected to be involved in terrorism financing.

Due Diligence

PYMNTS

JUNE 20, 2019

The general idea is the same (solid, as-seamless-as-possible authentication provides security and confidence for vital transactions), but there are major differences between healthcare and financial services, of course, when it comes to digital. For instance, much of healthcare still relies on “outdated IT systems,” Hochrieser told PYMNTS.

Authentication

PYMNTS

MARCH 18, 2020

The government has digital disbursements — for tax refunds, for Social Security payments and the like — but those all require a registration process for consumers that gives the government both access to an email account to reach them and a mechanism to authenticate them and the accounts they want their funds deposited to.

Checks