Google quietly bought Mastercard credit and debit card records

The multimillion dollar data buy allows Google to link what we buy in brick-and-mortar stores to what ads we clicked online. Continue reading Google quietly bought Mastercard credit and debit card records

Application Security Attacks: Will New NYDFS Regulation Protect NYC Financial Institutions?

New regulation requires all financial institutions in New York City to conduct thorough risk assessments for application security and other IT issues and implement programs to address those risks.

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Mobile Financial Transactions Are Faster, But Are They Any Safer?

The mobile revolution has made it simpler and faster for banking customers to conduct financial transactions, but it has also expanded the attack surface for fraudsters aiming to steal sensitive data.

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Australia’s Commonwealth Bank Lost Financial Data of 12 Million Accounts

Two magnetic tapes containing transaction details for 12 million accounts that belong to Australia’s Commonwealth Bank are missing. This incident is perhaps the largest data loss in Australia. Curiously, the incident stayed under the radar for tw… Continue reading Australia’s Commonwealth Bank Lost Financial Data of 12 Million Accounts

Is Your Financial Data Protected?

Security breaches are becoming more common. They occur most often in the United States (followed by the UK), exposing businesses and their customers to significant risks. Most recently, in December 2017, Kromtech uncovered a breach at Ai.Type with 577G… Continue reading Is Your Financial Data Protected?

Vulnerabilities Across Verticals: Overcoming Industry-Specific Security Challenges

Security leaders in the health care, financial services, and energy and utilities sectors must pay special attention to industry-specific security risks.

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324,000 Financial Records with CVV Numbers Stolen From A Payment Gateway

Around 324,000 users have likely had their payment records stolen either from payment processor BlueSnap or its customer Regpack; however, neither of the company has admitted a data breach.

BlueSnap is a payment provider which allows websites to take … Continue reading 324,000 Financial Records with CVV Numbers Stolen From A Payment Gateway