PYMNTS-MonitorEdge-May-2024

Data Breach

A data breach is the intentional or unintentional release of secure or private/confidential information to an untrusted environment.

Source: en.wikipedia.org

US Retailers Confront Data Privacy Shifts
US Retailers Confront Data Privacy Shifts
March 27, 2020  |  Regulation

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus, many countries saw business and...

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Hackers Hit Cybersecurity Insurance Co Chubb
Hackers Hit Cybersecurity Insurance Co Chubb
March 26, 2020  |  Fraud Attack

Cybersecurity insurance company Chubb, which provides aid to companies affected by data breaches, has been hit by one itself, according to a report by TechCrunch....

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Banking Bots: The Good, the Bad and the Ugly
Banking Bots: The Good, the Bad and the Ugly
March 25, 2020  |  Fraud Prevention

Digital fraud continues to flourish, with recent surveys finding that security breaches have increased 67% since 2014 and 11% since 2018. Casualties of these breaches...

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Finastra Hacked, Forced To Shut Down Key Systems
Finastra Hacked, Forced To Shut Down Key Systems
March 20, 2020  |  Security & Fraud

Banking technology FinTech Finastra was hit with a security breach on Friday (March 20), and was forced to shutter key systems and send employees home,...

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How Fraudsters Create New Schemes With Social Engineering
How Fraudsters Create New Schemes With Social Engineering
March 18, 2020  |  Mobile Order Ahead

Fraud is a perennial concern for quick-service restaurants (QSRs), and digital channels open ample new avenues for cybercrime, with hackers targeting restaurants for their cash,...

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Princess Cruises Discloses Possible Data Breach
Princess Cruises Discloses Possible Data Breach
March 13, 2020  |  Safety and Security

Princess Cruises disclosed a potential data breach in a notice posted on its website. The travel company said that from April 11 to July 23...

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Payment Data From 2019 Volusion Hack Appears On Dark Web
Payment Data From 2019 Volusion Hack Appears On Dark Web
March 12, 2020  |  Security & Fraud

Last year, credit card data was stolen from online stores hosted by eCommerce software, hosting and support company Volusion. Now, that data has appeared for...

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Data Leak Pushes Samsung Toward Two-Factor Authentication
Data Leak Pushes Samsung Toward Two-Factor Authentication
March 06, 2020  |  Authentication

Samsung has activated two-factor authentication after a data leak showed strangers’ private information, according to reports. The initiative starts this week, after a glitch caused...

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UK’s Virgin Media Exposed 900,000 Customers’ Data
UK’s Virgin Media Exposed 900,000 Customers’ Data
March 05, 2020  |  Security & Fraud

Virgin Media announced Thursday (March 5) that the personal details of 900,000 customers had been accessed by a third party as the company left a...

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