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

Coinbase Says Crypto Exchanges Face Dual Regulations To Meet Differing Authentication Rules
Coinbase Says Crypto Exchanges Face Dual Regulations To Meet Differing Authentication Rules
August 09, 2021  |  Authentication

Authentication represents a critical security challenge for digital businesses of all kinds, with unauthorized access accounting for 43 percent of successful data breaches at companies...

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FBI: Why AI And MFA Provide The Most Effective Fraud Defense
FBI: Why AI And MFA Provide The Most Effective Fraud Defense
July 08, 2021  |  Fraud Prevention

Fraudsters’ use of social engineering and phishing continues to triumph many of the modern-day fraud-fighting techniques. In this month’s Digital Fraud Tracker, PYMNTS talked with...

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FBI: Businesses Need AI to Curb Social Engineering, Phishing Fraud
FBI: Businesses Need AI to Curb Social Engineering, Phishing Fraud
July 07, 2021  |  Fraud Prevention

Digital fraud has been a steadily growing issue over the past few decades, but it was kicked into overdrive during the past year due to...

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How Gemini Balances User Privacy With AML/KYC Compliance
How Gemini Balances User Privacy With AML/KYC Compliance
June 15, 2021  |  AML

Privacy is a chief concern among internet users, with 75% of Americans concerned about their privacy online and 70% believing their data is less secure now...

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Deep Dive: How Dark Web Marketplaces Fuel Fraud And How Merchants Can Fight Back
Deep Dive: How Dark Web Marketplaces Fuel Fraud And How Merchants Can Fight Back
May 14, 2021  |  Fraud Prevention

Bad actors leverage a bewildering variety of schemes, including ATOs, credential stuffing and phishing, against merchants. What all of these attack vectors have in common...

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Hacker Accesses Spanish Delivery Startup Glovo
Hacker Accesses Spanish Delivery Startup Glovo
May 04, 2021  |  Security & Fraud

Glovo, a Spanish startup, was the victim of a hack, although it didn’t specify what information was accessed, Reuters reported Tuesday (May 4). “We can...

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REPORT: 65 Pct Of Consumers Would Abandon Merchant After eCommerce Data Breach
REPORT: 65 Pct Of Consumers Would Abandon Merchant After eCommerce Data Breach
May 04, 2021  |  Security & Fraud

The pandemic has been an undeniable boon for eTailers. More consumers than ever are going online to buy all manner of products, from household goods...

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Facebook Hack Revealed; Data On 533 Million Users Breached
Facebook Hack Revealed; Data On 533 Million Users Breached
April 04, 2021  |  Security & Fraud

The personal data of 533 million Facebook users, including phone numbers and emails, has been leaked, The Verge reported. The leak included “personal information of...

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Deep Dive: How Crypto Exchanges Can Balance Platform Security With Customer Experience
Deep Dive: How Crypto Exchanges Can Balance Platform Security With Customer Experience
March 25, 2021  |  Identity

Cryptocurrency exchange security is being hotly debated as digital assets draw more attention from consumers, investors, regulators and fraudsters. The values of cryptocurrencies are famously volatile and users can...

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