Payments News

On The Web

nbsp;

Security

The Company That Processes Payments for Amazon and Swiggy Has Reported a Data Leak of Over 100 Million Debit and Credit Cardholders

“In what could be a major data breach, information of over 100 million debit and credit card users from payments processor Juspay has leaked on the dark web. Juspay processes payments for companies like Amazon, Swiggy, MakeMyTrip among others.The leaked data is in the form of a data dump and has been leaked through a […]
nbsp; nbsp;

Security

Shopify Says Two Support Staff Stole Customer Data from Sellers

“Shopify has confirmed a data breach, in which two “rogue members” of its support team stole customer data from at least 100 merchants. In a blog post, the online shopping site said that its investigation so far showed that the two employees, who have since been fired, were “engaged in a scheme to obtain customer […]
nbsp;

Security

235M Instagram, TikTok, and YouTube profiles exposed in database breach

“A databased containing scraped data of nearly 235 million social media users from Instagram, TikTok, and YouTube was exposed without any password protection. It contained user information such as names, contact info, images, and stats about followers. Web scraping is a technique of gathering data from web pages in an automated manner. While it’s not […]
nbsp;

Security

EU Court Blocks Data Pact Amid Fears Over U.S. Surveillance

“The European Union ’s top court struck down a key method used by Facebook Inc. and other companies to transfer data across the Atlantic amid fears over potential U.S. surveillance. Thursday’s decision by the EU Court of Justice on the so-called Privacy Shield means thousands of businesses that ship commercial data to the U.S. risk […]
nbsp;

Security

Payment App Data Breach Exposes Millions of Indians’ Data

“A major data breach at mobile payment app Bharat Interface for Money ( BHIM ) has exposed the personal and financial data of millions of Indians. The breach occurred after BHIM failed to securely store vast swathes of data collected from users and businesses during a sign-up campaign. On April 23, researchers at vpnMentor made […]
nbsp; nbsp;

Security

New York payments startup exposed millions of credit card numbers

“A massive database storing millions of credit card transactions has been secured after spending close to three weeks exposed publicly to the internet. The database belongs to Paay, a card payments processor based in New York. Like other payment processors, the company verifies payments on behalf of selling merchants, like online stores and other businesses, […]

On The Wires

nbsp; nbsp;

Security

Cross-Industry Coalition Advances Digital Trust Standards

“The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced it will host the Trust over IP (ToIP) Foundation, an independent project to enable trustworthy exchange and verification of data between any two parties on the Internet. The ToIP Foundation will provide a robust, common standard that gives people and businesses […]