Fi911

MARCH 26, 2024

This system then generates a unique token that represents the customer’s original payment data. The intricacy of the algorithm ensures that each token is unique and cannot be reverse-engineered to reveal the actual payment details.

PCI DSS

PYMNTS

AUGUST 5, 2020

Guarding against this method of fraud must therefore represent a top priority for such companies, especially because fraudsters are also using these bots to data scrape personal and financial information from these servers that can be used for identity theft at a later date.

Bots

PYMNTS

JUNE 21, 2016

The payment data of customers who used credit cards to purchase computers on Acer’s website may have been exposed, the company warned. The company also included the following warning for consumers: “If you suspect that you are a victim of identity theft or fraud, you have the right to file a police report.

Compromise

PYMNTS

JANUARY 30, 2017

This week’s data digest is all about, well, data. The latest report from the Identity Theft Resource Center (ITRC) and CyberScout finds a worrying trend: 2016 was a record year for data breaches, with businesses emerging as the largest target for hackers by far. 1,093 data breaches hit entities in the U.S.

Data Security

PYMNTS

OCTOBER 29, 2018

Payments and commerce fraud has its own ecosystem, one that includes criminals, servers and other computing devices, IP addresses, compromised payment cards and stolen personal data, and even houses and other physical locations.

Fraud Prevention

PYMNTS

MARCH 12, 2018

Following the incident, Yahoo faced criticism that it was too slow to alert customers to the breach in data privacy that spanned three years, from 2013 to 2016. The complaint on the part of Yahoo customers was amended in October after Yahoo disclosed the data breach impacted 3 billion users, triple its previous estimate.

Breach

PYMNTS

SEPTEMBER 18, 2018

Discussions about ID theft often involve hackers and cyberattacks gaining access to consumer and payment data. 18) shows how eCommerce can enable other forms of ID theft. But action from the U.S. Federal Trade Commission on Tuesday (Sept. They were shut down for violating unfair practice prohibitions.

FTC

PYMNTS

MAY 30, 2018

Baratov has pleaded guilty to conspiracy to commit computer fraud and identity theft in November, noted Bloomberg. The stolen information didn’t include passwords in clear text, payment data or bank accounts. The report noted that prosecutors wanted to sentence Baratov to 94 months in prison, but he requested 45 months.

Identity Theft

PYMNTS

MAY 13, 2016

It’s time to start extending chip-based security to protect us online and reverse the rapid growth of fraud and identity theft.”.

CHIPS

PYMNTS

OCTOBER 4, 2017

The stolen information didn’t include passwords in clear text, payment data or bank accounts. In addition, the United States has charged two Russian intelligence agents, Baratov and another alleged hacker over the 2014 theft of 500 million Yahoo accounts, marking the first time the U.S. Yahoo is notifying users.

Identity Theft

PYMNTS

OCTOBER 2, 2017

The nationwide lawsuit represents the interests of one billion users, all of whom face the risk of future identity theft thanks to the Yahoo breach. The good news is, if you buy your groceries at Whole Foods, your payment data is safe. It is not yet known how many locations or individuals were affected. Whole Foods.

Cybersecurity

Core

FEBRUARY 6, 2024

This type of government fraud can occur at various levels of the payment process, including the initiation, authorization, processing, and reconciliation of payments.

Best Practices

Stax

APRIL 30, 2024

Digital invoicing and payment collection links to simplify smartphone payments. Easy switch between POS and mobile payments using the Stax app. Highest level of PCI security compliance that keeps payment data secure. Pricing: Stax starts at $99 for their basic, small business package.

Process

EBizCharge

APRIL 26, 2024

Fraud and security risks: AR involves processing sensitive financial information, including customer payment details and transaction data. This makes them a prime target for cybercriminals seeking to steal sensitive information for fraudulent purposes, such as identity theft or unauthorized transactions.

Accounts

VISTA InfoSec

SEPTEMBER 15, 2023

Clause 6(2) ensures that this provision doesn’t override stricter Indian laws governing data transfer. Government notification criteria for prohibiting data transfers are unspecified. Sector-specific data transfer restrictions, e.g., RBI’s payments data localization mandate, continue to apply.

Data Breach