PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

Stolen Facebook Data Is Leaked and Leaked Again

By Tim Sloane
April 5, 2021
in Analysts Coverage, Data, Emerging Payments, Fraud & Security, Personal Data, Security
0
0
SHARES
0
VIEWS
Share on LinkedIn
Facebook data eCommerce crime, Facebook cryptocurrency

Facebook lost data on 267 million users, so eCommerce crime is likely to spike

This should keep services that report exposed Personally Identifiable Information to consumers busy. If you’re a Facebook user and you don’t get notified of a compromise from your monitoring agency, maybe investigate what it is they do?

It would be nice to think that call centers match existing customers against the compromised data to increase security on compromised accounts, but how would we know:

“Personal information on more than 500 million Facebook users — previously leaked and now made more widely available — was shared online Saturday, according to the news site Insider, worrying experts who said the compromised data could make people more vulnerable to fraud.

Insider said it reviewed a sample of the leaked phone numbers, birth dates, biographical details and more and found that some data matched known Facebook users’ records. The Washington Post has not independently verified the information. Facebook said the leak involved “old” data stemming from a problem resolved in 2019, but the news still sparked renewed scrutiny of a social media giant previously dogged by high-profile concerns about data privacy.

“Bad actors will certainly use the information for social engineering, scamming, hacking and marketing,” tweeted Alon Gal, the co-founder of an Israeli cybercrime intelligence company called Hudson Rock, who flagged the release of the Facebook data Saturday. Social engineering involves getting access to people’s confidential information by gaining their trust rather than overcoming technical barriers — for example, by impersonating a tech support person.” 

Overview by Tim Sloane, VP, Payments Innovation at Mercator Advisory Group

0
SHARES
0
VIEWS
Share on LinkedIn
Tags: DataData BreachFacebookHackersPersonal DataSecurity

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    syria visa mastercard

    Visa’s Stablecoin Platform Marks the Next Phase of Digital Payments

    July 17, 2026
    cross-border payments

    Beyond Pix: The Cross-Border Layer Latin America Is Building Next

    July 16, 2026
    digital euro

    Can the Digital Euro Be the Difference Maker the EU Needs?

    July 15, 2026
    tap-to-pay

    Tap-to-Pay Gives Small Merchants a Big Advantage

    July 14, 2026
    cyber resilience

    Modern Cyber Risk Is Breaking Longstanding Security Assumptions

    July 13, 2026
    Merchants Real-Time Payments, swipe fees, BNPL

    How Software Turned Payments Into a Seamless Part of Commerce

    July 10, 2026
    credit union data, credit union technology

    Inside the Tech Shift Redefining How Credit Unions Operate

    July 9, 2026
    embedded payments

    What Embedded Payments Can Solve for Small Businesses

    July 8, 2026

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2026 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result