Payments News

On The Web

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Companies

Facebook Login Update

“Any developer using our official Facebook SDKs — and all those that have regularly checked the validity of their users’ access tokens – were automatically protected when we reset people’s access tokens. However, out of an abundance of caution, as some developers may not use our SDKs — or regularly check whether Facebook access tokens […]
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Risk & Fraud

Facebook Data Breach – 50 Million Accounts

“On the afternoon of Tuesday, September 25, our engineering team discovered a security issue affecting almost 50 million accounts. We’re taking this incredibly seriously and wanted to let everyone know what’s happened and the immediate action we’ve taken to protect people’s security.”
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Risk & Fraud

2018 Payment Security Report

“Lack of sustainable control environments remains a top contributor and precursor to ineffective controls, which in turn become susceptible to data breaches. Organizations achieve sustainable PCI Security compliance when they demonstrate a consistent capability to maintain ongoing operation of all required security controls within their compliance environment.”
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Global

‘Almost all’ Pakistani banks hit by hackers

“FIA director Mohammad Shoaib told local media about the breach shortly after cybersecurity firm Group-IB warned that a dump of Pakistani credit and debit card details has been doing the rounds of carder forums. According to Geo News, six banks have suspended the use of their debit cards outside of Pakistan. Last week, hackers got away […]
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Risk & Fraud

Private messages from 81,000 hacked Facebook accounts for sale

“Hackers appear to have compromised and published private messages from at least 81,000 Facebook users’ accounts. The perpetrators told the BBC Russian Service that they had details from a total of 120 million accounts, which they were attempting to sell, although there are reasons to be skeptical about that figure.”
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Global

Credit bureau TransUnion urged to tighten online security after local newspaper says it easily obtained data on Hong Kong Chief Executive Carrie Lam and Financial Secretary Paul Chan

“Hong Kong’s Monetary Authority and privacy watchdog have called on major international credit bureau TransUnion to improve its online authentication procedures after a local newspaper claimed it could easily access the personal credit files of public figures in the city, including Chief Executive Carrie Lam Cheng Yuet-ngor and Financial Secretary Paul Chan Mo-po. According to its […]