iPay88

iPay88 has released a statement, saying that they had recently resolved a cybersecurity incident that began in May. Worryingly, user card data might have ...

To ensure the continued safety of the card data, we have implemented various new measures and controls to strengthen the system’s security against any further incidents. iPay88 also stated that there’s been no further suspicious activity since 20 July, and that there’s new measures in place to prevent further incidents. As such, it’s understandably quite worrying to know then that iPay88 has suffered a cybersecurity breach, and that customer card data may have been compromised.

Local online payment gateway iPay88 today has issued a statement publicly disclosing a cybersecurity incident that occured on 31 May 2022, which resulted in ...

On a somewhat related note, this particular incident harkens back to another breach that the company experienced back in 2020, where its email API was misused to send out phishing emails to unsuspecting customers. The company believes that user personal data in the form of card information may have been compromised by attackers. It added that the containment process was successful and no further suspicious activity has been detected since 20 July 2022.

They say their countermeasures include increased real-time monitoring to detect fraud and out-of-norm card usage behaviour.

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IPAY88 today reported that a cyber security incident has occurred, where card data may have been potentially compromised. “Upon discovery of the issue, we.

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The Association of Banks in Malaysia (ABM) and Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) would like to reaffirm that banks ...

The Association of Banks in Malaysia (ABM) has 26 members comprising the commercial banks that currently operate in Malaysia. The main objective of ABM is to promote the establishment of a sound banking system in Malaysia in cooperation and consultation with the regulators. ABM and AIBIM member banks wish to reassure their cardholders that they may continue to use their bank cards as normal. ABM aims to facilitate and create a conducive yet competitive banking environment while promoting orderliness and ethical banking practices. As usual, cardholders are reminded to closely monitor their bank statements and transaction alerts that they receive from their banks. Guided by ABM's mission statement, "Forging public understanding for a responsible and responsive banking industry", ABM takes on the role of an important intermediary between banking customers and its member banks. These include, but are not limited to, heightening of real-time fraud monitoring to detect fraudulent and out-of-norm card usage behaviour.

Fahmi Fadzil wants inquiry into data breaches and leaks over the past five years, claiming more than 100 million personal data have been stolen.

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Online payment provider iPay88 has confirmed experiencing a cybersecurity breach which may have compromised the card data of users.

“This is why we must amend the Personal Data Protection Act 2010 urgently. In a statement, iPay88 said an investigation was initiated on May 31 with cybersecurity experts roped in to mitigate the issue. Online payment provider iPay88 says an investigation was initiated on May 31 with cybersecurity experts roped in to mitigate the issue.

Lembah Pantai MP Fahmi Fadzil urged the government to amend the Personal Data Protection Act 2010 (PDPA) to compel companies to notify the authorities ...

“Imagine the trauma suffered by... “Imagine the trauma suffered by...

KUALA LUMPUR: IPAY88 has confirmed a possible cyber security incident affecting user card data involving its online payment portal users.

Cardholder should also contact their respective Bank via call centres or branch for assistance related to this," said ABM and AIBIM . "We will continue to monitor the situation closely and ensure the safety of the cardholder's data," the statement said. "The Bank's will contact the Cardholder directly through the Bank's official channel if the Bank detects unusual transactions that may require additional confirmation.

KUALA LUMPUR (Aug 12): In light of the potential data breach incident announced by iPay88 (M) Sdn Bhd, Bank Negara Malaysia (BNM) has instructed banks to ...

“This reduces the risk of fraudulent transactions occurring. For non-authenticated transactions, particularly purchases from overseas merchants, customers will not be liable for any fraudulent or unauthorised transactions that may arise from this incident,” it said. “Customers are advised to immediately notify their banks if they observe any irregular or unauthorised transactions on their cards,” it said in a statement today.

A FORENSIC investigation of a potential data breach involving online payment provider iPay88 (M) Sdn Bhd is still underway. Bank Negara Malaysia (BNM) said ...

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KUALA LUMPUR, Aug 12 — Bank Negara Malaysia (BNM) was made aware of the iPay88 cybersecurity breach which took place around May this year at the end of July ...

Nor Shamsiah was asked as to when BNM was made aware of the leak, and if any sanctions would be enforced upon iPay88 over the incident. "We were made known towards the end of July by iPay88. So iPay88 is not technically supervised by BNM. So like what Jessica had said, it is the payment facilitator function of iPay88 that was the cause of the data breach," she said, referring to her deputy Jessica Chew. KUALA LUMPUR, Aug 12 — Bank Negara Malaysia (BNM) was made aware of the iPay88 cybersecurity breach which took place around May this year at the end of July, Governor Tan Sri Nor Shamsiah Mohd Yunus said during a press conference today.

KOTA BARU: The Communications and Multimedia Ministry will take immediate action regarding the data breach incident that hit online payment service provider ...

The company reportedly issued a statement saying that since May 31, it had engaged a cybersecurity expert to address the issue and that they were working closely with the authorities. The Communications and Multimedia Minister said the Malaysian Communications and Multimedia Commission (MCMC), the Personal Data Protection Department (PDPD) and CyberSecurity Malaysia (CSM) were looking into the matter and met with iPay88 Friday (Aug 12) morning. Media outlets previously reported that iPay88 confirmed that a cybersecurity incident had occurred that may have compromised consumer credit card data.

KOTA BARU, Aug 12 — The Communications and Multimedia Ministry (K-KOMM) will take immediate action regarding the data breach incident that hit online ...

The company reportedly issued a statement saying that since May 31, it had engaged a cybersecurity expert to address the issue and that they were working closely with the authorities. The Malaysian Communications and Multimedia Commission (MCMC), the Personal Data Protection Department (PDPD) and CyberSecurity Malaysia (CSM) were looking into the matter and met with iPay88 this morning, he said. Media outlets previously reported that iPay88 confirmed that a cybersecurity incident had occurred that may have compromised consumer credit card data.