Articles with tag like: data breaches

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MobiKwik suffers major data breach

News | Digital Identity, Security & Online Fraud | 01 Apr 2021

India-based mobile payments service MobiKwik has suffered a data breach.

MobiKwik, data breaches, dark web, cybercrime

How is the ecommerce space influenced by the pandemic?

Voice of the Industry | Digital Identity, Security & Online Fraud | 13 Jan 2021

Kevin J. Sprake, The Fraud Practice: 'It is difficult to put history into words, especially as we are living through it, but the pandemic has influenced ecommerce in a way that will change how we think about everything going forward'

Kevin J. Sprake, The Fraud Practice, ecommerce, pandemic, coronavirus, COVID-19, fraud, risk mitigation, omnichannel, fraud prevention, phishing scams, cybersecurity, data breaches, social engineering, chargebacks

Goodbye passwords, passwordless authentication is here to stay

Voice of the Industry | Digital Identity, Security & Online Fraud | 19 Oct 2020

By 2022, Gartner predicts that 60% of large and global enterprises, along with 90% of mid-size enterprises, will implement passwordless authentication methods in over 50% of use cases, up from 5% in 2018, Srividya Sunderamurthy from Vesta debates.

Srividya Sunderamurthy, Vesta, AML, account takeover, ecommerce, fraud, PII, phishing, credential stuffing, data breaches, merchants, authentication

Konsentus completes funding series to secure the Open Banking environment for FIs

News | Payments General | 17 Sep 2020

Konsentus, a provider of Regulatory Technology (regtech) solutions for Open Banking, has completed pre-series A funding round led by Conviction Investment Partners.

Konsentus, regtech, Open Banking, funding, banks, Open APIs, data breaches, online security

Instacart blames reused passwords for a recent series of data breaches

News | Digital Identity, Security & Online Fraud | 27 Jul 2020

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

News | Digital Identity, Security & Online Fraud | 30 Jun 2020

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

News | Digital Identity, Security & Online Fraud | 02 Jun 2020

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

Voice of the Industry | Digital Identity, Security & Online Fraud | 19 May 2020

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

Voice of the Industry | Digital Identity, Security & Online Fraud | 13 Apr 2020

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

Voice of the Industry | Digital Identity, Security & Online Fraud | 17 Feb 2020

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

News | Digital Identity, Security & Online Fraud | 20 Jan 2020

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

News | Digital Identity, Security & Online Fraud | 17 Dec 2019

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

News | Digital Identity, Security & Online Fraud | 06 Dec 2019

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

Thousands of Disney+ customers accounts hacked

News | Digital Identity, Security & Online Fraud | 20 Nov 2019

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

Disney+, cybercrime, data breaches

Hackers infiltrated Macy's ecommerce site and stole customer data

News | Digital Identity, Security & Online Fraud | 20 Nov 2019

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

fraud, cybercrime, data breaches, ecommerce

Precise, Infinity Optics Solutions to collaborate on identification biometrics

News | Digital Identity, Security & Online Fraud | 12 Nov 2019

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

News | Digital Identity, Security & Online Fraud | 28 Oct 2019

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

News | Digital Identity, Security & Online Fraud | 28 Oct 2019

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

News | Digital Identity, Security & Online Fraud | 17 Oct 2019

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

News | Digital Identity, Security & Online Fraud | 20 Sep 2019

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