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PCI Compliance for Banking Professionals

Fi911

Configure them to block unauthorized access and regularly update their settings. Identify and Authenticate Access to System Components: Use multi-factor authentication (MFA) to strengthen access controls. Do Not Use Vendor-Supplied Defaults for Security: Default passwords and settings are a common vulnerability.

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Advanced Data Security: Safeguarding Your Business In The Digital Age  

VISTA InfoSec

In addition to access control, fortify your defenses with Multi-Factor Authentication (MFA). Even if passwords are compromised, those extra identity checkpoints block illicit access attempts. Also, apply need-to-know restrictions.

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Zelle: The Role Of AI In Stopping COVID-Related P2P Payment Scams

PYMNTS

The October Preventing Financial Crimes Playbook explores the latest financial crime developments, including the growing threat of P2P payment app fraud, evolving customer attitudes surrounding multifactor authentication and biometrics, and recent successes in fraud prevention in the United Kingdom. billion) in attacks. About The Playbook.

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New York Bolsters Cybersecurity Requirements

Global Fintech & Digital Assets

Technical Controls The Amendments introduce a number of heightened technical controls, including: Multifactor Authentication: With only very limited exceptions, multifactor authentication (MFA) is now required for “any individual” accessing “any information system” of a covered entity.

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What Are the Risks of Business Email Compromise & How Can You Prevent Them?

Seon

This means that a significant proportion of the surveyed businesses decided that traditional approaches to email security, such as firewalls, were not enough and should be enhanced with authentication processes such as multi-factor authentication (MFA) and encryption technologies.

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5 Common Types of Fraud that Threaten Neobanks

Seon

How to Protect Your Neobank From Fraud Knowing the most common types of fraud in neobanking means you can take a targeted approach to block it. Set up multi-factor authentication (MFA): Add one-time passwords (OTPs) or other types of MFA to all neobank accounts.

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What Is Account Takeover Fraud (ATO)? Detection & Prevention

Seon

Implementing the right fraud prevention and detection solution equips you with the essential tools to proactively monitor user activity and swiftly identify suspicious behavior, effectively blocking account takeover attempts. With ATO fraud on the rise, safeguarding against these costly attacks is a must.