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How PCI DSS Compliance Protects Australian Businesses from Data Breaches?

VISTA InfoSec

million, which is said to have increased by 27% since 2020. Through multi-factor authentication (MFA) and role-based access controls, businesses can limit exposure to potential breaches by restricting access based on job responsibilities.

PCI DSS 165
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Remote Onboarding Boom Being Secured By Multifactor Authentication

PYMNTS

Overtaxing the royal attention span — that of the consumer — is a mistake, so multifactor authentication (MFA) processes are morphing in various ways to reduce onboarding frictions while maintaining rigorous multifactor authentication (MFA) and other fraud-fighting tools. Phone Call For You.

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Deep Dive: How FIs Can Upgrade Authentication Measures To Foil Fraudsters? Open Banking Attacks

PYMNTS

PSD2 was designed with such risks in mind, and its Strong Customer Authentication (SCA) provision — which takes effect in participating countries throughout 2020 and 2021 — compels companies to verify users’ identities with multi-factor authentication (MFA) whenever they attempt to access user accounts or digitally send payments.

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Mongolia’s Fintech Future: Building a Digital Economy in a Land of Contrasts

The Fintech Times

In 2020, it launched an ambitious five-year plan to build a ‘Digital Nation,’ with the goal of achieving 90 per cent digital transformation across the country by this year. However, the financial landscape in Mongolia is undergoing significant transformation.

Economy 115
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B2B APIs Bring Connectivity, Security To The Cloud

PYMNTS

PYMNTS’ June 2020 B2B API Tracker® done in collaboration with Red Hat , observes that recent rapid adoption trends for APIs among banks and financial institutions (FIs) indicate a wolf at the door (Big Tech, challengers), but more so, the realization that customer experience (CX) is the new currency. MFA and APIs Make A Good Pair.

API 52
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Guarding the Gates: Data Compliance and Privacy

Segpay

The Rising Importance of Data Privacy Regulation The implementation of GDPR in the European Union (2018) and CCPA in California (2020) marked an important shift in global data privacy standards. Implementing multi-factor authentication (MFA) for internal data access can add an extra layer of security for data handling.

Privacy 105
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Fraud Fighters Focusing On Better P2P Security

PYMNTS

Companies charged with protecting people’s data lost ground in 2020, after an abysmal 2019 of breathtaking data breaches. Studies have found that using MFA can prevent more than 99.9 There’s no soft version, no smoothing it over. Yes, the pandemic explains a great deal of the new action.

P2P 56