Data Breaches news and trends

Fidelity Investments Discloses Data Breach Affecting 77,099 Customers
Security & Fraud // October 10, 2024

Fidelity Investments has disclosed a data breach that affected 77,099 customers. The breach occurred Aug. 17 and was discovered Aug. 19, the financial services company said in data breach notifications filed Wednesday (Oct. 9) with the Office of the Maine Attorney General. “Between August 17...

52% of Gen Z and Millennial Consumers Say They Might Give Community Banks a Try
Credit Unions // October 02, 2024

As digital banking transforms the financial landscape, community banks and credit unions (CUs) are poised to capture Generation Z and millennials. These digital natives are gravitating toward smaller financial institutions (FIs). The PYMNTS Intelligence report “Local Roots: How Community FIs Can Win the Digital-First Generation”...

SolarWinds CISO: World’s Cyber Regulations Still ‘In Flux’
Cybersecurity // September 29, 2024

The information security chief for SolarWinds says the world needs tough cybersecurity laws. Tim Brown made this case in an interview Sunday (Sept. 29) with the Financial Times (FT), his first since a federal court dismissed much of a federal lawsuit against him. Brown was...

CFOs Suit Up for Cyberwar as Risk Management Evolves
Security & Fraud // September 27, 2024

Managing risk effectively is one of the best ways to unlock business growth. Risks range from financial and macro events to geopolitical and supply chain disruptions, and chief financial officers are tasked with stepping up to keep their organizations secure. Traditionally focused on financial risks,...

Interviews & Exclusives
52% of Gen Z and Millennial Consumers Say They Might Give Community Banks a Try

October 02, 2024
As digital banking transforms the financial landscape, community banks and credit unions (CUs) are poised to capture Generation Z and millennials. These digital natives are gravitating toward smaller financial institutions (FIs). The PYMNTS Intelligence report “Local Roots: How Community FIs Can Win the Digital-First Generation” examined how this movement signals a change in which personalized […]

Intellicheck CEO Warns: Every Data Breach Is a Step Closer to Someone Else Stealing Your...

September 03, 2024
In the wrong hands, digital footprints can turn into a blueprint for fraud. Particularly as identity theft proliferates and becomes more sophisticated, data breaches are increasingly turning personal and business...

Decoding Cybersecurity: Understanding FedRAMP and ISO 27001 Standards

August 30, 2024
Contemporary businesses operate in an era marked by surging cyberthreats and data breaches. That’s according to a Thursday (Aug. 29) joint cybersecurity advisory by the FBI, the Cybersecurity and Infrastructure...

Mastercard Executive Urges Companies to Embed Security in Their Business DNA

August 20, 2024
In today’s operating landscape, cybersafety and business success tend to go hand in hand. While understanding the tactics, techniques and procedures (TTPs) employed by a rising cohort of cybercriminals is...

Quick Reads
Fidelity Investments Discloses Data Breach Affecting 77,099 Customers

October 10, 2024
Fidelity Investments has disclosed a data breach that affected 77,099 customers. The breach occurred Aug. 17 and was discovered Aug. 19, the financial services company said in data breach notifications filed Wednesday (Oct. 9) with the Office of the Maine Attorney General. “Between August 17 and August 19, a third party accessed and obtained certain […]

SolarWinds CISO: World’s Cyber Regulations Still ‘In Flux’

September 29, 2024
The information security chief for SolarWinds says the world needs tough cybersecurity laws. Tim Brown made this case in an interview Sunday (Sept. 29) with the Financial Times (FT), his...

Report: China-Connected Hackers Breach US Broadband Networks

September 25, 2024
Hackers with ties to China’s government have reportedly gotten into some American internet service providers. The hacking campaign, dubbed Salt Typhoon by investigators, was targeting sensitive information, the Wall Street...

Report: Disney Cuts Ties With Slack After Data Heist

September 19, 2024
Disney reportedly plans to stop using workplace collaboration platform Slack following a recent data breach. Chief financial officer Hugh Johnston announced the change this week, the Wall Street Journal (WSJ)...