Payments News

On The Web

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Risk

MobiKwik Investigating Data Breach After 100M User Records Found Online

“MobiKwik said on Tuesday it was investigating claims of data breach after a website claimed to have exposed private information of nearly 100 million users of the Indian mobile payments startup . Over the weekend, a site on the dark web claimed it had 8.2 terabytes of MobiKwik user data. The data included phone numbers, […]
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Risk

Ticketmaster fined £1.25m over payment data breach

“Ticketmaster UK has been fined £1.25m for failing to keep its customers’ personal data secure. The fine was issued by the Information Commissioner’s Office (ICO) following a cyber-attack on the Ticketmaster website in 2018. The ICO said personal information and payment details had potentially been stolen from more than nine million customers in Europe. Ticketmaster […]
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Regulation

Banking Regulator Fines Capital One $80 Million Over 2019 Hack

“A top banking regulator has fined Capital One Financial Corp. $80 million over a 2019 hack that compromised the personal information of about 106 million card customers and applicants. The Office of the Comptroller of the Currency said the bank failed “to establish effective risk assessment processes“ before transferring information-technology operations to the public cloud […]
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Risk

Tech Unicorn Dave Admits to Security Breach Impacting 7.5 Million Users

“Digital banking app and tech unicorn Dave.com confirmed today a security breach after a hacker published the details of 7,516,625 users on a public forum. In an email to ZDNet today, Dave said the security breach originated on the network of a former business partner, Waydev, an analytics platform used by engineering teams.”
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Risk

Iran Banks Burned, Then Customer Accounts Were Exposed Online

“Iran has been engaged in a cycle of hack and counterhack in a cyberwar against the United States and Israel. Both sides have targeted each other’s financial and sensitive government institutions through cyberattacks for years. The banks affected — Mellat, Tejarat and Sarmayeh — had all been sanctioned more than a year ago by the […]
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