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

It’s Not Enough That Businesses Win – Fraudsters Must Also Lose 
It’s Not Enough That Businesses Win – Fraudsters Must Also Lose 
June 08, 2023  |  Security & Fraud

The digital age has brought with it a new, sophisticated twist to traditional fraud threats. But while the threat of cybercrime is constantly evolving, as...

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Report: Hackers Exploit File-Transfer Software MOVEit Security Flaw to Steal User Data
Report: Hackers Exploit File-Transfer Software MOVEit Security Flaw to Steal User Data
June 04, 2023  |  Security & Fraud

Hackers have reportedly stolen data from several users of file transfer tool MOVEit Transfer. That’s according to a Friday (June 2) report by Reuters, citing a disclosure...

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CFPB Data Breach Exposes Data of 250,000 Consumers and 45 Banks
CFPB Data Breach Exposes Data of 250,000 Consumers and 45 Banks
April 19, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has told lawmakers that it suffered a data breach. A CFPB employee, who no longer works there, forwarded to...

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Swiss Prosecutors Looking Into 2022 Credit Suisse Data Leak
Swiss Prosecutors Looking Into 2022 Credit Suisse Data Leak
February 03, 2023  |  Security & Fraud

Switzerland aims to identify and prosecute those behind a 2022 Credit Suisse data leak. Reuters reported Friday (Feb. 3) that the country’s federal prosecutors have launched criminal proceedings and...

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T-Mobile Reports Monthlong Data Breach Affecting 37M Customers
T-Mobile Reports Monthlong Data Breach Affecting 37M Customers
January 19, 2023  |  Security & Fraud

A hacker siphoned customer data from T-Mobile for more than a month. In that time, the bad actor obtained data about 37 million customers, the...

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ShipManager Hack Puts 1,000 Vessels’ Data at Risk
ShipManager Hack Puts 1,000 Vessels’ Data at Risk
January 18, 2023  |  Security & Fraud

ShipManager servers fell victim to a ransomware attack on Jan. 7. DNV, the Oslo-based company that operates the fleet management platform, announced the cybersecurity breach...

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EU Watchdog Probes Twitter for 5.4 Million User Data Breach
EU Watchdog Probes Twitter for 5.4 Million User Data Breach
December 23, 2022  |  Regulation

Ireland’s Data Protection Commission is looking into Twitter after a 5.4 million user data breach. The commission released a statement Friday (Dec. 23) that it...

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FTC Takes Action Against EdTech Provider Chegg After Data Breaches
FTC Takes Action Against EdTech Provider Chegg After Data Breaches
October 31, 2022  |  Regulation

The Federal Trade Commission (FTC) is taking action against educational technology provider Chegg, saying the firm experienced four data security breaches since 2017 but allegedly...

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Toyota Apologizes For Breach of User Info
Toyota Apologizes For Breach of User Info
October 07, 2022  |  Security & Fraud

The world’s biggest carmaker on Friday (Oct. 7) apologized for a breach apparently caused by a third-party vendor that is thought to have leaked close...

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