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Harry Potter And The Credit Card Scam?

Expense card scams can impact even beloved authors if a recent court case is any indication -- and in this case, JK...

What An NSA Breach Says About Cybersecurity

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What An Alleged NSA Hack Reveals About Payments Cybersecurity

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks...

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Microsoft: India Cos Lose $10.3M From Cyberattacks Annually

A new study has revealed that a large-sized company in India loses an average of $10.3 million each year due to cyberattacks,...

Marriott CFO Talks Cost of Massive Data Breach

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Marriott CFO On Data Breach Cost: Too Soon To Say

After one of the largest data breaches in history, affecting an estimated 500 million guests, Marriott International Chief Financial Officer Leeny Oberg...

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The Security Threat Of Bank-FinTech Collaboration

When the data of 15 million T-Mobile customers was stolen in 2015, the mobile firm’s CEO immediately went into damage control mode....

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Quora’s 100M Users Affected By Data Breach

Question and answer site Quora announced that it has been hit with a massive data breach that impacted 100 million of its...

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Today In Data

Today In Data: The Most Wonderful Time Of The Year (For Cybercrime)

A tidal wave of consumers hit the stores (online and real world) for the kick-off weekend of the holiday shopping season, trying...

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2015 Marriott Breach: Prelude To 2018 Cyberattack?

Marriott International, which announced last week it was the victim of a hack in which the bad guys accessed its reservation database...

Why Consumers Won’t Bail on Marriott Post-Breach

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Why Consumers Will Shrug Off The Marriott Breach

In 1954, mathematician L.J. Savage published research about how consumers process information when making decisions. Dubbed the sure-thing principle, Savage’s work showed...

Hackers Use Crypto Mining Software To Attack Cos

Hackers might have another way to steal data from corporations: cryptomining software. Troy Kent, a threat researcher at Awake Security, presented his...

Cyber-Insurance-cyberattacks-data-breaches

Cyber Insurance Disputes Rise With Attacks

With cyberattacks on the rise, corporate victims find themselves battling it out with cyber insurance companies over protection from the damage done...

Startups (And Their Investors) Offer Enterprise Processes A Digital Overhaul

With more than $370 million raised by B2B startups this week, investors are showing their support for companies that help other businesses...

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OfferUp CEO On Making Marketplace Authentication Smarter

The world is constantly getting faster. As a result, the speed of commerce and payments is coming closer to real time. This...

US Charges Iranian Hackers For SamSam Cyberattack

The United States has indicted two Iranians for launching a major cyberattack using the ransomware “SamSam.” According to Reuters, the six-count indictment...

Google, FBI Help Shut Down Online Ad Fraud Scam

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Google, FBI, Cybersecurity Firms Shut Down Online Ad Fraud Scam

Google, the FBI and White Ops, along with a handful of cybersecurity companies, recently collaborated to shut down a digital ad fraud...

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GoDaddy Highlights Small Business Cybersecurity Paradox

Earlier this week, reports said two researchers from Bloomsberg University of Pennsylvania made their case for safe harbor rules and overall easing...

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Safety and Security

Atrium Health Patient Database Breached

Atrium Health revealed that the data of about 2.65 million patients may have been compromised in a breach at its third-party provider...

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USPS API Security Flaw Exposed 60 Million Users’ Data

A flaw on the website of the U.S. Postal Service (USPS) reportedly exposed account data for an estimated 60 million users, KrebsOnSecurity...

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Glitch Exposes Amazon Customer Emails

In what it described as a “technical error,” Amazon confirmed Wednesday (Nov. 21) that some of its customer names and emails have...

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PODCAST: Why Fraudsters Are So Ready To Feast On Marketplaces This Holiday Season

Experts are predicting big things for the 2018 holiday shopping rush. eMarketer predicts that 2018 will be the first year in U.S. history that holiday spending...

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Italian Certified Email Accounts Targeted In Cyberattack

The government of Italy was hit with a major cyberattack, violating data privacy by exposing thousands of Italian certified email accounts, including around...

Third-Party Data Breaches Rising in U.S.

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Third-Party Data Breaches Rise To 61 Pct In US

Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. 15) the results of the third annual Ponemon Institute’s...

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Safety and Security

Kaspersky Opens ‘Transparency Center’ In Switzerland

Kaspersky Lab has announced the opening of its first Transparency Center, located in Zurich Switzerland. The Transparency Center will allow authorized partners...

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Authentication

Diebold Nixdorf On Why Banks Could Be Digital Identity’s Future

Digital identity in the last few years has gotten a major boost — as of 2018, 60 nations worldwide have embraced some version...

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Retail And The Long Fought Cybercrime Battle

Stopping cybercriminals takes more than just money — those funds must be directed at the right tools, technologies and techniques if retailers...

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Business

Top Biz Risks: Cyberattacks, Governance, Changes In Oil Prices

The World Economic Forum (WEF) revealed that cybersecurity, changing energy prices and the ability for countries to provide proper governance were among...

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How Neiman Marcus Safeguards Purchases When Sales Surge

Cyberattacks targeting retailers have more than doubled in the last year, leading merchants to invest in AI and machine learning to protect...

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B2B Startups Welcome Another Unicorn With TripActions Funding

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools....

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TRENDING: Neiman Marcus On Why AI Isn’t Enough To Outsmart Cybercriminals

For retailers, the holiday season is both a busy and profitable time, but it’s also when cybercriminals seize the opportunity and target...

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Recent Bout Of SMB Cyberattacks Only The Beginning, Warns Zeguro

Recent years have forced many business owners to wake up to not only the threat of cyberattacks, but the massive repercussions if...

Survey Shows How Consumers Protect Their Data

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Ping Identity Survey Shows Consumers Will Go To Great Lengths To Protect Their Data

Ping Identity, the Identity Defined Security (IDS) company, announced on Wednesday (Nov. 7) that it has released the results of the Ping...

Amex India Database Accessible in October

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Partnerships / Acquisitions

Amex Suffers Breach In India

American Express India enabled a database to be accessible to anyone for longer than five days in October, according to a report...

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Symantec Potential Buyout Offer Boosts Shares

Private equity firm Thoma Bravo has reportedly approached Symantec about acquiring the U.S. cybersecurity software company. CNBC cited a source familiar with the...

HSBC Discloses Hack of U.S. Consumers' Accounts

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HSBC Suffers US Hack

HSBC, the U.K. bank, disclosed on Tuesday (Nov. 6) that some of its U.S. customers had their accounts hacked in October. Reuters, citing...

Wells Fargo: OCC Issues Tech, Security Warning

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Bank Regulation

OCC Warns Wells Fargo Over Tech, Security Issues

Wells Fargo’s regulatory woes continue. According to a report in The Wall Street Journal on Wednesday (Nov. 7), the bank in “recent weeks” has...

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How Open Banking Will Test Banks’ Data Security Strategies

Whether driven by regulation or market competition, the financial services sector in several jurisdictions is progressing toward open banking, interconnectivity and a...

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Equifax Offers Free Credit Monitoring — Via Rival Experian

Equifax has extended its free credit monitoring to all Americans affected by last year’s massive data breach, but this time, it’s using...

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Safety and Security

Microsoft CEO: Data Privacy Is A ‘Human Right’

Microsoft CEO Satya Nadella recently called data privacy a “human right,” urging tech companies to do all they could to protect users...

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Experts May Overestimate SMBs’ Understanding Of Cyber Threats

Corporate cybersecurity is an ever-increasing focus of government entities, with the U.S. Federal Trade Commission (FTC) the latest to place emphasis on the...

FinTech Tackles Cyber Threats With Agile Dev

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Startup Check-In

How FinTech Startups Tackle Cyber Threats With Agile Development

Privacy is not an afterthought with the “privacy by design” mindset, and FinTech startups may take a similar approach with data security....

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Data Dive

Data Dive, Halloween Edition: Fines And Fraudsters

There will be no shortage of ways to try to scare yourself through the first half of this week — scary movies,...

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How PSD2 And Open Banking Impact Security

In the latest Digital Fraud Tracker Deep Dive, PYMNTS examines the authentication challenges posed by PSD2, GDPR and other data sharing initiatives.

Two Alleged Hackers Indicted for Lynda Breach

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Two Alleged Hackers Indicted In Florida For Lynda Breach

Following a data breach at learning platform Lynda in 2016, two hackers were indicted in Florida this month on charges of extortion...

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Govt Eyes BEC, Govt Slammed By BEC

Even as the SEC wants companies to be vigilant about cybersecurity, BEC claims new victims, among them DC government officials. Elsewhere,...

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The Rising Tide Of Loyalty Fraud — And How To Stop It

Would one lock a Ducati to a lamppost with a loop of dental floss? Well, that’s about the equivalent of what’s protecting...

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SEC Urges Corporate Accounting Changes Amid Rising BEC Scam Threat

As U.S. public companies brace for wide-ranging changes to accounting standards, the U.S. Securities and Exchange Commission (SEC) wants corporate accountants and...

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TRENDING: Flimsy PINs, The Stalwart Protectors Of Billions Of Loyalty Rewards Dollars?

As data theft continues to surge, companies are looking to bolster their defenses to protect customers and prevent fraudsters from committing cybercrimes....

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Legal

Yahoo Fined $50M Over Data Breach

Yahoo has agreed to pay $50 million in damages over the biggest security breach in history. According to the Washington Post, the...

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