PaySign.com

PaySign a provider of prepaid card programs and integrated payment processing services experienced a significant data breach involving its customer database. The incident involved an unauthorized access to a database containing sensitive personal and financial identifiers of cardholders. The breach occurred due to a vulnerability in a web application that allowed attackers to extract information. The scale of the leak impacted thousands of users who utilize PaySign for corporate disbursements and consumer incentives. The exposed data includes identity details and contact information which could be used for targeted phishing and financial fraud.