PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

Stolen Facebook Data Is Leaked and Leaked Again

Tim Sloane by Tim Sloane
April 5, 2021
in Analysts Coverage, Data, Personal Data, Security
0
Facebook lost data on 267 million users, so eCommerce crime is likely to spike

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

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

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

Tags: DataData BreachFacebookhackersPersonal DataSecurity
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    live shopping, ebay

    Q&A: eBay Exec on Live Shopping and the Future of Payments

    March 24, 2023
    AI and Biometrics in Regulatory Compliance in Finance

    The Importance of AI and Biometrics in Regulatory Compliance in Finance

    March 23, 2023
    Everyone Benefits from the Real-Time Payment Networks  

    Everyone Benefits from the Real-Time Payment Networks  

    March 22, 2023
    commercial payments

    Optimizing Commercial Payments in the Digital Age

    March 21, 2023
    cross-border payments

    Cross-Border Payments: Fighting
    E-Commerce Fraud Using Data

    March 20, 2023
    fraud, ChatGPT-4

    How to Fight Fraud While Still Enabling a Great Online Customer Experience

    March 17, 2023
    RTP

    Financial Institutions Without an RTP Strategy Risk Being Left Behind

    March 16, 2023
    visa chargeback

    New Visa Chargeback Guidelines Will Be a Game Changer

    March 15, 2023

    Linkedin-in Twitter

    Advertise With Us | About Us | Terms of Use | Privacy Policy | Subscribe
    ©2023 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    Menu
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • Recent News
    • Resources
    Menu
    • Industry Opinions
    • Recent News
    • Resources
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the Payoneer eBook: