Data Breaches

Fraud Concerns Leave Consumers Skeptical of Payment Data Aggregation Apps
Fraud Concerns Leave Consumers Skeptical of Payment Data Aggregation Apps
January 24, 2024  |  Security & Fraud

Payment fraud incidents have been on the rise, increasing 88% since December 2021, PYMNTS Intelligence research reveals. For instance, 11% of consumers who paid for groceries...

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After-Incident Reports Turn Cyber Breaches Into Blueprints for Future Security
After-Incident Reports Turn Cyber Breaches Into Blueprints for Future Security
December 21, 2023  |  Cybersecurity

In today’s digitized and hyper-fast world, cyberattacks and the threat of security breaches abound. So, what are treasury leaders and companies to do to both...

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MongoDB Reports Security Breach of Its Database Management Company
MongoDB Reports Security Breach of Its Database Management Company
December 18, 2023  |  Security & Fraud

Database management firm MongoDB is investigating a security breach that exposed customer information. In an alert published on its website Saturday (Dec. 16), the company...

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Fidelity National Financial ‘All Locked Up’ After Cyberattack
Fidelity National Financial ‘All Locked Up’ After Cyberattack
November 22, 2023  |  Cybersecurity

Fidelity National Financial (FNF) says a recent cyberattack has disrupted its operations. The company, which provides title insurance settlement services to the real estate and mortgage...

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FTC to Require Non-Banking Financial Institutions to Report Data Breaches
FTC to Require Non-Banking Financial Institutions to Report Data Breaches
October 27, 2023  |  Regulation

The Federal Trade Commission (FTC) will require non-banking financial institutions to report certain data security breaches. In a unanimous decision, the regulator has approved an amendment to the Safeguards...

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Twitter Plans to Subpoena Sen. Warren in Legal Battle Against FTC
Twitter Plans to Subpoena Sen. Warren in Legal Battle Against FTC
July 20, 2023  |  Legal

Twitter is reportedly planning to issue to subpoena Sen. Elizabeth Warren in connection with its ongoing legal battle against the Federal Trade Commission (FTC). The social media platform plans to...

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One Billion Consumers at Risk of India’s COVID Vaccine Data Breach
One Billion Consumers at Risk of India’s COVID Vaccine Data Breach
June 12, 2023  |  Security & Fraud

India’s Ministry of Health and Family Welfare is investigating what it called baseless reports of a data breach of its COVID vaccine database. The ministry...

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PYMNTS Intelligence: How SMBs Can Fight the Fraud Threats of Remote Work
PYMNTS Intelligence: How SMBs Can Fight the Fraud Threats of Remote Work
April 04, 2023  |  Fraud Prevention

Remote working was a boon to businesses during the pandemic, as technology allowed many companies to remain productive when much of the world was shutting down. Along with...

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FTC Takes Action Against Drizly, CEO Following 2020 Data Breach
FTC Takes Action Against Drizly, CEO Following 2020 Data Breach
October 24, 2022  |  Regulation

The Federal Trade Commission (FTC) is taking action against both online alcohol marketplace Drizly and its CEO, James Cory Rellas, pointing to allegations that they...

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