VISTA InfoSec

SEPTEMBER 5, 2024

In addition, insider threats pose significant risks, as employees may inadvertently or maliciously compromise sensitive information. These tactics can have destructive effects on an organization, leading not only to financial losses but also to a compromise of client trust and brand reputation.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

In addition, insider threats pose significant risks, as employees may inadvertently or maliciously compromise sensitive information. These tactics can have destructive effects on an organization, leading not only to financial losses but also to a compromise of client trust and brand reputation.

Security 130

Security Phishing Ransomware Risk Assessment 130

Segpay

DECEMBER 13, 2024

However, the implementation of strong identity management systems must align with data protection regulations, so that the collection, storage, and processing of data for identification purposes does not compromise individuals’ privacy. If a breach occurs, identity data, once compromised, is hard to restore.

Privacy 105

Privacy Compliance CCPA Authentication 105

VISTA InfoSec

AUGUST 22, 2023

Altering or replacing compromised biometric traits is complex. Addressing these risks necessitates robust security measures, encryption, access controls, and breach response plans. Implementing Protective Measures: Organizations must implement robust measures, such as encryption and access control, to protect biometric data.

Privacy 130

Privacy Legal Best Practices Compliance 130

Seon

JUNE 15, 2023

Business email compromise (BEC) attacks can be a major risk to businesses’ finances and reputations. Let’s look at what business email compromise attacks are and explore some of the many ways you can combat them. What Is a Business Email Compromise Attack? Reported losses in 2020 exceeded $4.2

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

Stax

MARCH 4, 2024

It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place. NFC payments, including digital wallets, are very secure, relying on encryption to mask the card number, further protecting cardholder information.

PCI DSS 88

PCI DSS Payment Security Security MFA 88

VISTA InfoSec

FEBRUARY 16, 2024

a: Verify that software-development processes align with industry standards/best practices. - The software should be developed based on industry standards and/or best practices for secure development. - Insecure Cryptographic Storage: - Protect encryption keys and sensitive data they can access. - PCI DSS v3.2.1

PCI DSS 100

PCI DSS Procedures Best Practices Verification 100

PYMNTS

JUNE 27, 2017

Wealthy countries with developed financial and payment infrastructures are most likely to have their data encrypted and held for ransom by cybercriminals, according to a recent report by global cybersecurity company Kaspersky Lab. The report also recommends best practices for both individuals and organizations to avoid infection.

Ransomware 72

Ransomware Data Encryption Best Practices Cybersecurity 72

Basis Theory

OCTOBER 1, 2024

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

PCI DSS 88

PCI DSS Encryption Compliance Assessments 88

Clearly Payments

MARCH 22, 2024

At the heart of mobile payment systems are Near Field Communication (NFC), Quick Response (QR) codes, and secure elements such as encryption and tokenization. Encryption ensures that data transmitted during a transaction is scrambled and unreadable to unauthorized parties. Security is a critical component of mobile payment technology.

Contactless Payments 105

Contactless Payments Online and Mobile Banking Mobile Payments Payments 105

Fi911

JULY 8, 2024

Social Engineering Social engineering is a manipulation technique used by criminals to deceive individuals into revealing confidential information or performing actions that compromise security. Merchants must combine technology, vigilance, and best practices as part of a broad, multilayered strategy.

Account Takeovers 105

Account Takeovers Fraud Detection Phishing Fraud Prevention 105

Clearly Payments

JANUARY 8, 2024

Chargeback Management Best Practices Chargebacks pose a significant challenge for merchants, impacting both financial stability and reputation. Implementing effective chargeback management practices is essential to minimize their occurrence and address disputes promptly. Read this article on what is a good chargeback rate.

Risk Management 97

Risk Management Risk PCI DSS Process 97

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Compliance Complexities.

Data Breach 82

Data Breach Breach PCI DSS Compliance 82

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. To put it simply, it’s a matter of compromise. In the following sections, we’ll delve into the legal framework, compliance standards, and best practices to navigate the complexities of surcharging.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

PYMNTS

FEBRUARY 28, 2020

The number-one thing that we see is compromised credentials from another service being used against us,” he explained. We’ll then encrypt the passwords so the hash [encrypted password] will match what we’re storing, and if we see a match between a username and a hashed password, [we] will assume that [those] credentials are compromised.”.

Credential 52

Credential Phishing Fraud Prevention Best Practices 52

PYMNTS

SEPTEMBER 30, 2019

As he noted, North Korea, acting as a singular cyberthreat, will do what it can to gain access to and compromise the credentials of foreign organizations with money ­— and, in turn, gain access to that money, of course. As Visner added, North Korea has been persistent and, to some extent, successful in its efforts.

Cybersecurity 65

Cybersecurity Credential Encryption Phishing 65

PYMNTS

NOVEMBER 28, 2016

In the report, BITAG wrote: “Several recent incidents have demonstrated that some devices do not abide by rudimentary privacy and security best practices … Some IoT devices ship ‘from the factory’ with software that either is outdated or becomes outdated over time.

Security 43

Security Cybersecurity Privacy Best Practices 43

EBizCharge

JUNE 6, 2024

Look to payment gateways that offer services such as encryption and tokenization for an extra layer of security. Now that you know how to get started with processing payments in Microsoft Dynamics 365, you should familiarize yourself with some best practices to ensure your system is running smoothly.

Credit Cards 52

Credit Cards Process Payment Gateways Gateways 52

Seon

SEPTEMBER 28, 2023

Network security maintenance : The use of regularly updated firewalls and encryption systems. Office hygiene best practices : Ensuring that file cabinets are locked and used sensitive paperwork is shredded as soon as it’s no longer needed. Threat response, such as a list of who to contact in the event of a data breach.

Security 52

Security Phishing Best Practices Data Breach 52

EBizCharge

JUNE 3, 2024

Best practices for implementing Epicor payment processing Adhering to standard best practices is crucial when implementing Epicor payment processing. Additionally, implementing data encryption for information both in transit and at rest is vital. What are the benefits of processing payments in Epicor?

Process 52

Process Payment APIs and Integration Payments Disputes 52

Exact Payments

JANUARY 4, 2024

Encryption and tokenization, the process of replacing sensitive data with a non-sensitive token, should be employed to ensure data security. Encrypt transmission of cardholder data across open, public networks Even when cardholder data isn’t stored, security threats exist during the data transmission process.

PCI DSS 52

PCI DSS Compliance Audit Encryption 52

Nanonets

DECEMBER 25, 2023

It not only distorts the economic landscape of the healthcare sector but also compromises the trust and integrity of the entire system. This dynamic learning process ensures that AI in healthcare claims processing remains at the forefront of innovation, adapting to evolving regulations, coding standards, and industry best practices.

AI 59

AI Process Payer Fraud Detection 59

BNG Payments

FEBRUARY 4, 2022

They may suggest some best practices, such as don't store account verification data and don't collect or send card information via email. When card data is encrypted, even if its compromised in a breach, it's basically worthless because it cannot be decrypted.

Credit Cards 52

Credit Cards Process Processors Online and Mobile Banking 52

Nanonets

JULY 10, 2024

Fast-track your KVP extraction without compromising accuracy. Best practices and optimization techniques for  Key-Value Extraction Implementing an effective key value pair extraction system isn't just about writing code; it's about optimizing your approach for accuracy, efficiency, and scalability.

Database 74

Database Process Use Case Correspondent 74

Nanonets

DECEMBER 4, 2023

Automated order processing best practices Adopting best practices in automated order processing can steer your business toward remarkable efficiency and customer satisfaction. Educate staff on data security best practices in the context of automated systems.

Automation 52

Automation Process Payment APIs and Integration Returns 52

PYMNTS

APRIL 21, 2017

In an age where consumers turn to the internet for everything from banking to commerce to health care, bill pay and social interaction, password security best practices seem like a no-brainer. As the number of cyberattacks rises on a global scale, password compromise is often to blame.

Authentication 45

Authentication Online and Mobile Banking Risk Security 45

Nanonets

AUGUST 8, 2024

We'll also walk you through the critical steps in the annotation process and share expert tips and best practices to help you avoid common pitfalls. Buying existing tools is often more cost-effective and allows for quicker implementation but may require compromises on customization. What is data annotation?

AI 52

AI Automation Process Best Practices 52

EBizCharge

JULY 22, 2024

This approach minimizes wasteful spending and allows for better negotiation with vendors, reducing costs without compromising quality. Now that you’re familiar with some strategies for making sound financial decisions, you should also familiarize yourself with a few general best practices for improving these decisions.

Risk Assessment 52

Risk Assessment Assessments Risk Mitigation 52

Ikajo

NOVEMBER 22, 2023

At the same time, you won’t compromise on the system’s quality, as PayFac as a Service is provided by experienced vendors with professional expertise in FinTech software development. Look into their payment fraud prevention measures, including data encryption, anti-fraud filters, and adherence to PCI DSS.

Facilitators 52

Facilitators Payment APIs and Integration PCI DSS Payments 52

PYMNTS

AUGUST 5, 2016

What would is encrypting data at the POS. That means that counterfeiting can still be alive and well at the POS – unless merchants also encrypt POS data. So, we all know this – chip cards were not going to fix the problem of fraud at the POS. Sounds like a way to turn a fizzle into a sizzle.

Bitcoin 43

Bitcoin Multi-Currency Push-to-Card Chip Cards 43

VISTA InfoSec

MAY 5, 2025

Implement security controls Deploy required cybersecurity measures like multi-factor authentication (MFA), data encryption, and segregation of duties. Training and Awareness Provide ongoing training for employees on SWIFT CSP requirements and security best practices. Common challenges and solutions to maintain compliance 1.

SWIFT 130

SWIFT Security Compliance MFA 130