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Germany Issues First GDPR Fine Following Data Breach at Social Media Company
Nearly 2 million username and password combinations along with 330,000 email and password combinations were exposed in a data breach...
Fraud Practice
Nov 5, 20211 min read
Facebook Data Breach Affecting 30 Million Users Makes Victims More Susceptible to Account Takeover
While nearly 30 million Facebook users had their names and basic contact information stolen, about 14 million of these data breach...
Fraud Practice
Nov 5, 20212 min read
Many Not Ready for GDPR Requirements Including 72 Hour Breach Notification
The European Union’s General Data Protection Regulation (GDPR) goes into effect May 25th and will apply to any collecting and storing...
Fraud Practice
Nov 5, 20212 min read
NYPD Trials New Skimming Detection Device “Skim Reaper”
A computer science professor and two graduate students invented a device used to check ATMs and card readers to detect the presence of a...
Fraud Practice
Nov 5, 20212 min read
124 Data Breaches Were Announced in the First Two Months of 2018 Following a Record-Setting 2017
There were nearly 17 million identity fraud victims in the United States in 2017, more than ever before. This increase is likely...
Fraud Practice
Nov 5, 20212 min read
Number of Records Compromised in U.S...
...Data Breaches Nears All-Time High While Nearly 90 percent Included Victims’ SSNs Nearly 1,600 data breaches occurred in the United...
Fraud Practice
Nov 5, 20212 min read
FTC Chair Nominee and New Federal Reserve Chairman Each Mention Data Breaches as a Critical Concern
As the FTC considers and confirms nominees to fill vacant commission seats, those interviewed speak to the still growing threat of data...
Fraud Practice
Nov 5, 20212 min read
Uber Sat on Data Breach Affecting 57 Million Users for Over 1 Year
Uber, one of the latest companies to suffer a data breach, is suffering backlash not just for the 57 million user accounts compromised...
Fraud Practice
Nov 5, 20212 min read
Over 700 Million Compromised Email and Password Combinations Used to Send Spam
Lists of email addresses with password and other information, used to send phishing emails and spam, were hosted on an open server and...
Fraud Practice
Nov 5, 20212 min read
As SEC Investigates Yahoo Breach, FTC Reiterates Need for Federal Breach Notification Laws
Following a data breach involving over 500 million accounts and a delay in notifying the public or impacted parties, the Securities and...
Fraud Practice
Nov 4, 20212 min read
Black Market Prices for Variety of Login Credentials Show that Fraud Goes Well Beyond the Payment Ca
A recent study cataloging prices across English- and Russian-language fraudster forums examined 320 purchases for stolen payment,...
Fraud Practice
Nov 4, 20212 min read
Average Cost of Data Breach Grows to $4M Globally, $7M in the U.S.
IBM and the Ponemon Institute recently published the latest results of their global study measuring the financial impact of data breaches...
Fraud Practice
Nov 4, 20212 min read
Number of Data Breaches in 2015 Stayed Flat, Number of Compromised Records Doubled
While the number of data breaches that occurred in 2015 stayed nearly the same as from the year before, the number of personal records...
dave82076
Nov 4, 20213 min read
Target and Home Depot Data Breaches Cost Each More Than $250 Million
After completing a $67 million settlement with Visa in August regarding the high profile data breach Target experienced in late 2013, the...
Fraud Practice
Nov 4, 20211 min read
Taxpayer Data Stolen from IRS Used to File Up to $39 Million in Fraudulent Returns
Between February and May fraudsters used compromised consumer information to obtain more detailed tax payer data via the IRS’s “get...
Fraud Practice
Nov 4, 20212 min read
Target Reports Cost of Data Breach was $162 Million
The late 2013 data breach impacting 70 million Target customers continues to cost the company which in their latest financial statements...
Fraud Practice
Nov 4, 20211 min read
Side Effects Expected in 2015 and Beyond as EMV Adoption Grows
2015 will likely bring many changes and developments in the payments and risk industries, but none more anticipated than the EMV...
Fraud Practice
Nov 4, 20214 min read
In 2015 Achieving PCI Compliance Means Meeting the Version 3.0 Standards
The first big change for payments in 2015 took effect on January 1st when the deadline to meet PCI Data Security Standards (DSS) version...
Fraud Practice
Nov 4, 20212 min read
Data Breach Trends to Watch in 2015 Influenced by EMV and the Internet of Things
Credit bureau Experian recently released their second annual Data Breach Industry Forecast report highlighting six trends expected for...
Fraud Practice
Nov 4, 20212 min read
Dairy Queen and at Least 1,000 Other U.S. Businesses Hit by Backoff Malware
According to reports from the U.S. Secret Service and Kaspersky Labs, malware known as Backoff has been used to attack more than 1,000...
Fraud Practice
Nov 4, 20211 min read
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