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How PCI DSS Compliance Protects Australian Businesses from Data Breaches?

VISTA InfoSec

However, with this widespread adoption comes an equally significant risk which is the growing threat of data breaches and payment fraud. In todays article, we are going to learn how PCI DSS compliance protects businesses from data breaches. The financial implications of these breaches are profound.

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Finastra Confirms Breach Amid Hacker’s 400GB Data Theft Claim

Fintech News

Finastra, a major financial software provider that serves many of the world’s leading banks, is grappling with a data breach. Cybersecurity journalist Brian Krebs first brought the breach to public attention when a hacker, on a known cybercrime forum, offered 400 gigabytes of data allegedly plundered from Finastra.

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Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

A data breach could ruin your business overnight. That’s the harsh aftermath companies face today following high-profile breaches. That’s the harsh aftermath companies face today following high-profile breaches. What Is A Data Breach? Understanding breach avenues helps strengthen protections proactively.

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Risk-based authentication: The secret to meeting PSD2 compliance without sacrificing convenience

The Payments Association

Outdated security methods like OTPs and siloed authentication methods dont provide the strong security or seamless customer experience needed to stay competitive post-PSD2. Heres why financial institutions must rethink their authentication strategies to remain competitive. Static authentication is a major vulnerability for FIs.

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Cyber Threats Surge in India’s Financial Sector

Fintech News

These advanced impersonations, which use convincing AI-generated audio and video, trick users into revealing multi-factor authentication (MFA) codes or approving unauthorized authentication requests. The 2025 Verizon Data Breach Investigations Report underscores the continued rise in vulnerability exploitation.

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G-Knot Prepares Launch of Biometric Crypto Wallet Backed by Finger Vein Authentication

The Fintech Times

G-Knot is preparing to launch a flagship crypto wallet that uses finger vein biometrics for authentication, a move the company says could eliminate the need for recovery phrases and private keys. Notable breaches include Phemex , which lost $85million to a hot wallet exploit and UPCX , which lost $70million due to a compromised private key.

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The Mastercard Payment Passkey Service Debuts in Latin America with Sympla and Yuno

Fintech Finance

Using device-based biometrics, such as fingerprints or facial scans, payment passkeys replace other authentication methods like one-time passwords (OTPs) to make online transactions not only faster and more convenient, but also more secure against fraud and scams. Upon successful authentication, the transaction is completed.

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