Data Breaches

3 Takeaways as Enforcement Actions and Data Breaches Roil BaaS Models
3 Takeaways as Enforcement Actions and Data Breaches Roil BaaS Models
June 02, 2025  |  Banking

As nonbank enterprises offer financial services, aided by traditional financial institutions and FinTechs, the emergence of the banking-as-a-service (BaaS) model has promised to transform lending...

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Credential-Harvesting Blitz Puts Tinder, News Corp, Chick-fil-A on Alert
Credential-Harvesting Blitz Puts Tinder, News Corp, Chick-fil-A on Alert
June 01, 2025  |  Cybersecurity

The hacking group known as “Scattered Spider” has had a busy year. The gang recently breached the systems of British retailer Marks & Spencer (M&S)...

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Victoria’s Secret Shutters Website Over Security Incident
Victoria’s Secret Shutters Website Over Security Incident
May 29, 2025  |  Cybersecurity

Victoria’s Secret’s website remained shut down Thursday (May 29) morning following a security incident. “We have taken down our website and some in-store services as a...

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Banks Want SEC to Rescind Cyberattack Disclosure Requirements
Banks Want SEC to Rescind Cyberattack Disclosure Requirements
May 26, 2025  |  Cybersecurity

American banking groups want the Securities and Exchange Commission (SEC) to revoke its cybersecurity incident disclosure requirements.  These groups, led by the American Bankers Association...

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Adidas: Customer Contact Info Stolen in Data Breach
Adidas: Customer Contact Info Stolen in Data Breach
May 25, 2025  |  Cybersecurity

German sportswear company Adidas has reported a data breach involving a customer service provider. The company announced Friday (May 23) that cybercriminals had accessed customer...

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30% of Data Breaches Involve Victims’ Third-Party Suppliers and Vendors
30% of Data Breaches Involve Victims’ Third-Party Suppliers and Vendors
May 19, 2025  |  Cybersecurity

Thirty percent of data breaches that occurred during the year ended Oct. 31 involved a third party, according to Verizon. That percentage is up from 15%...

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Revisions to GENIUS Act Could Impact US Stablecoin Market
Revisions to GENIUS Act Could Impact US Stablecoin Market
May 16, 2025  |  Cryptocurrency

It can feel as though every week there’s a new stablecoin announcement from a traditional financial player. The one thing they all have in common?...

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The Long Game: How a 6-Year-Old Backdoor Compromised the eCommerce Landscape
The Long Game: How a 6-Year-Old Backdoor Compromised the eCommerce Landscape
May 06, 2025  |  Cybersecurity

In the 21st-century enterprise, cybersecurity is no longer just a matter of firewalls and endpoint protection. It’s about the integrity of every line of code...

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Banks Rethink Cybersecurity Amid Rise of Credential-Based Compromise
Banks Rethink Cybersecurity Amid Rise of Credential-Based Compromise
April 22, 2025  |  Cybersecurity

The image of a hacker furiously typing strings of code to brute-force their way into a corporate server is becoming outdated. Today, the most dangerous...

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