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National Preparedness Month: Enhancing Payment Security and Resilience

Center for Payments

By educating individuals and organizations about the threats they may face, such as cyberattacks, fraud, and system disruptions, they can better understand the importance of being prepared and taking proactive measures to mitigate risks. Business Continuity Disruptions in payment systems can have severe consequences for businesses.

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Cybersecurity Month: Focusing on Financial Inclusion and the Innovation Impact

Center for Payments

To mitigate risks, fintech companies need to implement robust security measures. This includes encryption protocols, multi-factor authentication, and regular security audits. The post Cybersecurity Month: Focusing on Financial Inclusion and the Innovation Impact appeared first on Center for Payments.

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Natural Disaster Planning for Financial Institutions

Center for Payments

Management, while using a business impact analysis and risk management processes to identify and monitor risks, should focus on risk mitigation avoidance and acceptance strategies. The post Natural Disaster Planning for Financial Institutions appeared first on Center for Payments.