Articles with tag: data breaches

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Instacart blames reused passwords for a recent series of data breaches

27 Jul 2020 | Digital Identity, Security & Online Fraud

US-based grocery delivery and pick-up service company Instacart has stated that the reused passwords are to blame for a recent series of data breaches. 

Instacart, US, reused passwords, data breaches, dark web, third-parties, two-factor authentication, 2FA, Google

SEON exposes the cybercrime problem the UK is currently facing

30 Jun 2020 | Digital Identity, Security & Online Fraud

SEON has announced insight into the scale of the cybercrime problem UK SMEs face, estimating that there may be 6,500 preventable cybercrimes committed against UK SMEs every day. 

fraud fight, SEON, cybercrime, UK, US, SME, cybercriminals, fraud, hackers, ATO, phishing, merchants, data breaches, bot attacks, ID theft, synthetic ID fraud, PSD2, Open Banking, APAC

Breach Clarity reveals data breaches with great risk of COVID-19 scams

02 Jun 2020 | Digital Identity, Security & Online Fraud

Amid predictions that the pandemic will generate a wave of financial and identity crime, Breach Clarity has released an analysis of recent data breaches, which identifies risks for COVID-19 scams. 

data breaches, risk, COVID-19, scams, financial crime, identity crime, Breach Clarity, risk rating, credentials, security, personal data, credit card, debit card, phishing, cybercriminals, payment fraud

Cross-border digital identity and onboarding

19 May 2020 | Digital Identity, Security & Online Fraud

Adam Cooper, ID Crowd, explains why when one considers cross-border use of digital identity, what one really means is recognition of digital identity in other contexts 

Adam Cooper, ID Crowd, cross-border, digital identity, onboarding, digital economies, eIDAS, regulation, EU, equivalence, interoperability, liability, fraud, identity scheme, data breaches, public key, encryption, digital signatures

A look into the future: customer onboarding

13 Apr 2020 | Digital Identity, Security & Online Fraud

As awareness of digital id and the concept of controlling personal data is gaining mainstream momentum, Cameron D’Ambrosi, One World Identity takes a deep dive into customer onboarding

KYC, digital onboarding, digital identity, One World Identity, banking, data breaches, financial services, data privacy, US

What has 2019 taught us? A retrospective on ecommerce fraud

17 Feb 2020 | Digital Identity, Security & Online Fraud

Fraud has become highly sophisticated, continuing to evolve day by day, hour by hour. What are the take ins? Check out the following 2019 retrospective and be prepared for 2020

retrospective, fraud, data breaches, bot attacks, phishing, ATO, identity theft, ecommerce, fraud prevention, account takeover, payments, credentials, chargebacks, friendly fraud, Open Banking, BORIS, BOPIS, click and collect fraud, loyalty fraud, artificial intelligence, machine learning

Fines for privacy breaches reach EUR 114 million in Europe

20 Jan 2020 | Digital Identity, Security & Online Fraud

European regulators have imposed EUR 114 million euros in fines for data breaches since tougher privacy rules came into force in mid-2018, with approaches varying widely from country to country.

GDPR, fines, data breaches, European regulators, fines, DLA Piper

More than half of all leaked records in 2019 exposed by financial services companies

17 Dec 2019 | Digital Identity, Security & Online Fraud

More than 60% of all leaked records in 2019 were exposed by financial services organisations, according to Bitglass’ 2019 Financial Breach Report.

financial services, data breaches, hacking, malware, cybersecurity, data, study, Bitglass, cloud security

ID.me offers identity verification solution for CCPA compliance

06 Dec 2019 | Digital Identity, Security & Online Fraud

ID.me has unveiled an identity proofing and authentication solution for businesses that need to comply with the California Consumer Privacy Act (CCPA).

ID.me, security, identity verification, California Consumer Protection Act, CCPA, compliance, identity spoofing, risks, data breaches, hacks, identity proofing

Hackers infiltrated Macy's ecommerce site and stole customer data

20 Nov 2019 | Digital Identity, Security & Online Fraud

Macy's has communicated a data breach notification, saying hackers infiltrated its ecommerce site and stole customer data, including financial information, ISMG reports.

Macy's, fraud, cybercrime, data breaches, ecommerce

Thousands of Disney+ customers accounts hacked

20 Nov 2019 | Digital Identity, Security & Online Fraud

Thousands of Disney+ customers have had their accounts hacked within days of the service launching, says Mobile Marketing.

Disney+, cybercrime, data breaches

Precise, Infinity Optics Solutions to collaborate on identification biometrics

12 Nov 2019 | Digital Identity, Security & Online Fraud

Precise has signed a collaboration agreement with biometric cryptography company Infinity Optics (“IO”), to develop identification software for fingerprint recognition.

Precise, collaboration, Infinity Optics Solutions, biometrics, cryptography, identification, fingerprint recognition, risks, fraud, security, data breaches

Balancing UX with strong identity verification processes, crucial for businesses

28 Oct 2019 | Digital Identity, Security & Online Fraud

IDology has released a new fraud report revealing the critical need for businesses to balance the digital consumer experience with strong identity verification processes.

IDology, fraud report, consumer trust, synthetic ID, fraud threats, data breaches, security, synthetic identity fraud

Italian client records of UniCredit affected by data breach

28 Oct 2019 | Digital Identity, Security & Online Fraud

UniCredit has announced its cyber security team had identified a data breach involving a file created in 2015 and containing approximately three million records, all regarding Italian clients.

data breaches, UniCredit, fraud prevention, online security, banking, hackers, Italy

Malaysia: 84% of SMEs fell victim to cyber-attacks in 2018

17 Oct 2019 | Digital Identity, Security & Online Fraud

Chubb’s SME Cyber Preparedness Report has revealed that 84% of small and medium enterprises (SMEs) in Malaysia were victims of cyber incidents in 2018.

Chubb, SME, Cyber attacks, Report, Asia, human error, data breaches, ransomware, phishing, fraud prevention

The APAC region to invest more in security market over the next 5 years

20 Sep 2019 | Digital Identity, Security & Online Fraud

Asia Pacific (APAC) is expected to invest more in security spending owing to the increasing number of identity and access breaches, according to a Yahoo Finance report.

data breaches, digital identity, IDaaS, cybercrime, cyber criminals, APAC, fraud prevention, online security, report

Estimated 19 million Canadians had their data breached since November 2018

04 Sep 2019 | Digital Identity, Security & Online Fraud

Over 19 million Canadians have been affected by data breaches between November 2018 and June 2019.

Office of the Privacy Commissioner of Canada, data breaches, Canada, identity theft, financial crime, personal data

Over 1/3 Canadians affected by inadequate data security practices

21 Aug 2019 | Digital Identity, Security & Online Fraud

Over 30% of Canadian consumers have experienced the consequences of a security breach or hack, according to a new research conducted by PCI Pal.

payments security, study, Canada, data breaches, data, online security, GDPR, data privacy, fraud prevention, PCI Pal

Bad guys want your data – a short introduction to Account Takeover fraud

07 Aug 2019 | Expert Opinion

Everyone loves their smartphone. These devices are packed with loads of apps that enable us to enjoy increasingly convenient shopping and banking experiences, organise our daily activities, help us keep fit, entertain us, and more.

DataVisor, account take over, synthetic identity fraud, credit application fraud, data breaches, machine learning, AI, DataVisor Fraud Index Report Q2 2019

NYS AG announces SHIELD Act legislation for data breaches protection

18 Jun 2019 | Digital Identity, Security & Online Fraud

The New York Attorney General has announced the Stop Hacks and Improve Electronic Data Security Act, a new cybersecurity law, which passed the state legislature.

NYS AG, US, legislation, protection, consumers, data breaches, SHIELD Act, cybersecurity, law, regulations, personal data, bill, biometrics, passwords, security