PYMNTS-MonitorEdge-May-2024

Hackers

A computer hacker is any skilled computer expert that uses their technical knowledge to overcome a problem. While "hacker" can refer to any skilled computer programmer, the term has become associated in popular culture with a "security hacker", someone who, with their technical knowledge, uses bugs or exploits to break into computer systems.

Source: en.wikipedia.org

American Express Notifies Customers of Data Breach at Third Party Used by Others
American Express Notifies Customers of Data Breach at Third Party Used by Others
March 04, 2024  |  Security & Fraud

American Express has notified customers of a data breach at a third-party service provider that is used by many merchants. The unnamed service provider “experienced unauthorized...

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Change Healthcare Hack Leaves Smaller Providers Low on Cash
Change Healthcare Hack Leaves Smaller Providers Low on Cash
February 29, 2024  |  Security & Fraud

U.S. health providers are facing financial catastrophe following a week-long cyberattack on Change Healthcare. The ransomware attack has even left some smaller providers running short on cash, Reuters...

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LoanDepot Says 16.9 Million Customers Impacted by January Data Breach
LoanDepot Says 16.9 Million Customers Impacted by January Data Breach
February 26, 2024  |  Security & Fraud

LoanDepot said Friday (Feb. 23) that a data breach that impacted the company in January affected 16.9 million customers. In the breach that occurred Jan....

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Apple Launches Security Upgrade to Combat Potential Quantum Computing Attacks
Apple Launches Security Upgrade to Combat Potential Quantum Computing Attacks
February 21, 2024  |  Apple

In a move to improve the security of its iMessage app, Apple is upgrading its encryption system to fend off potential quantum computing attacks. The new system,...

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OpenAI Stops Hack Attempts by 5 State-Sponsored Cybercrime Groups
OpenAI Stops Hack Attempts by 5 State-Sponsored Cybercrime Groups
February 14, 2024  |  Cybersecurity

OpenAI says it has disrupted state-sponsored hackers attempting to use its technology for malicious purposes. Working with its partner Microsoft, the artificial intelligence (AI) company said in...

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Real-Time Biometric Attendance Trackers Spark Student Safety Concerns
Real-Time Biometric Attendance Trackers Spark Student Safety Concerns
February 09, 2024  |  Biometrics

The increasing attacks on educational institutions, especially in the U.S., has prompted a pressing need for robust security measures to safeguard school campuses.  In response...

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Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
February 02, 2024  |  Security & Fraud

Three individuals have been indicted for their involvement in an identity theft conspiracy, which reportedly included a $400 million hack of cryptocurrency exchange FTX. The...

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Ripple Co-Founder Chris Larsen Reports Personal XRP Accounts Hacked
Ripple Co-Founder Chris Larsen Reports Personal XRP Accounts Hacked
January 31, 2024  |  Cryptocurrency

Ripple Co-founder and Executive Chairman Chris Larsen said Wednesday (Jan. 31) that some of his personal XRP accounts were hacked on Tuesday (Jan. 30). He...

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New X Passkey Feature Signals Ongoing Shift to Passwordless Future
New X Passkey Feature Signals Ongoing Shift to Passwordless Future
January 25, 2024  |  News

The emergence of all-in-one apps promises unparalleled convenience, offering users a one-stop solution for various needs. From managing finances to staying connected with friends, these...

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