VISTA InfoSec

MAY 24, 2024

This is where the Payment Card Industry Data Security Standard (PCI DSS) comes into play, serving as a crucial framework for safeguarding sensitive information and protecting both businesses and consumers from the ever-present threat of cybercrime. This assessment will help determine the scope of the compliance efforts.

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PCI DSS Small Business Assessments Compliance 243

PYMNTS

DECEMBER 31, 2018

So far this year (and there’s still one more day), Verizon reported that there have been 2,216 confirmed data breaches across 65 countries. Even more disturbing, perhaps, is that 68 percent of those breaches took months for the breached companies to discover. According to early reports, the data breach impacted 0.5

Data Breach 92

Data Breach Breach Database Compromise 92

VISTA InfoSec

APRIL 28, 2024

The Payment Card Industry Data Security Standard (PCI DSS) compliance 4.0 offers essential guidelines and a framework to safeguard cardholders’ data and mitigate any potential data breaches that may occur in banks. In this blog, we will understand PCI DSS compliance 4.0

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PCI DSS Compliance Assessments Data Breach 130

PYMNTS

OCTOBER 17, 2017

We Heart It , the image sharing website, disclosed late last week that there was a potential cybersecurity breach that may have impacted more than 8 million accounts. In a blog post , the company announced news that the data breach may have happened several years ago, but that it was only recently alerted to the cyberattack.

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Data Breach Breach Encryption Cybersecurity 40

Segpay

OCTOBER 22, 2024

Additionally, companies that store sensitive data are prime targets for cyberattacks. High-profile data breaches have made the risks of storing user IDs clear, with victims suffering from identity theft and financial loss. This blog was written by @SandeCopywriter on behalf of SEGPAY.

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Verification Blockchain Privacy Encryption 105

VISTA InfoSec

SEPTEMBER 5, 2024

The importance of cyber security for SMEs As small and medium enterprises (SMEs) often become prime targets for cyber attacks, resulting in significant financial losses and data breaches, the importance of cyber security cant be emphasized enough.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

The importance of cyber security for SMEs As small and medium enterprises (SMEs) often become prime targets for cyber attacks, resulting in significant financial losses and data breaches, the importance of cyber security can’t be emphasized enough.

Security 130

Security Phishing Ransomware Risk Assessment 130

Segpay

NOVEMBER 26, 2024

In this blog, we will explore the importance of digital identity verification, the technologies involved and the challenges it faces. Blockchain’s decentralized nature helps reduce the risk of identity theft and data breaches, offering a promising future for secure, tamper-proof digital identity verification in payments.

Verification 111

Verification Identity Theft Money Laundering Due Diligence 111

Segpay

FEBRUARY 7, 2024

We have explored recurring subscription payments in several blogs over the past year. Decentralized identity systems ensure individuals have control over their personal information, reducing the risk of data breaches. Subscription-based models, popularized by content streaming services, are now extending to other industries.

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Payments Trends Metaverse Digital Payments Payments 110

Exact Payments

JULY 1, 2024

By Jeremy Smillie, VP of DevSecOps at Exact Payments In an era where data breaches are not just threats but realities, protecting Personally Identifiable Information (PII) is more crucial than ever. At Exact Payments, we understand the magnitude of the responsibility of handling such sensitive data. We implement TLS 1.3,

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

PYMNTS

SEPTEMBER 30, 2016

You don’t have to look far to see security flaws leading to massive data breaches. Security experts believe that may be what happened to Yahoo — the tech giant confirmed that over 500 million user accounts were compromised by hackers, marking what is said to be the largest data breach in U.S.

Security 76

Security Breach Data Breach Cybersecurity 76

PYMNTS

NOVEMBER 18, 2020

In other news, cryptocurrency exchange Liquid alerted its users in a blog post Wednesday that a “malicious actor” was able to gain control of several internal email accounts and access to Liquid’s files. PayPal , for instance, added capability last week for all users to buy, sell and hold cryptocurrency in its app.

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Bitcoin Compromise Cryptocurrency NOV 60

Segpay

NOVEMBER 20, 2024

This blog will explore the key advancements in biometric data security technologies, their impact on cybersecurity and usability, and the measures being implemented to protect user privacy in a world where criminals are always lurking in the dark, inventing new fraud schemes.

Security 98

Security Technology Privacy Compromise 98

Cardfellow

OCTOBER 26, 2022

Breach Insurance We’ve all seen the stories about credit card breaches at major retailers. Breaches can affect small businesses as well. The Data Breach Security Program helps cover costs associated with breach audits, card replacement costs, and industry fines.

Credit Cards 52

Credit Cards Breach Data Breach Push-to-Card 52

PYMNTS

DECEMBER 16, 2016

“The stolen user account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (using MD5) and, in some cases, encrypted or unencrypted security questions and answers. If the billion-user figure holds up, this will be the biggest data breach of the digital era. So Now What?

Breach 63

Breach Online and Mobile Banking Data Breach Fed 63

PYMNTS

DECEMBER 19, 2016

While Yahoo can’t seem to shake the consequences of its massive data breach, Costco may have finally gotten things right with its co-branded credit card, and IBM is keeping its eye on the blockchain prize. This week’s Data Dive takes a look at the turning points for those big names in payments and commerce.

Credit Cards 46

Credit Cards Breach Blockchain Data Breach 46

PYMNTS

NOVEMBER 9, 2018

“Almost all the Facebook pages associated with these accounts appear to be in the French or Russian languages, while the Instagram accounts seem to have mostly been in English — some were focused on celebrities, others political debate,” Gleicher said in a blog post. government and other technology companies to stay ahead.”.

Real Time Payments 61

Real Time Payments Data Breach Breach Blocks 61

Stax

JANUARY 15, 2024

The PCI Security Standards Council (PCI SSC) has robust measures to protect cardholder information and prevent unauthorized access, fraud, and data breaches. End-to-end encryption. Implementing end-to-end encryption helps protect sensitive customer data throughout its lifecycle—i.e., Contact us to get started!

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Exact Payments

FEBRUARY 5, 2024

While this may seem like a significant adjustment, it is, in fact, a positive step toward bolstering security measures and mitigating the potential fallout of any data breach. Change #2: Primary Account Number (PAN) Encryption The security of sensitive information, such as primary account numbers (PANs), is of utmost importance.

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ISVS PCI DSS Encryption Authentication 52

FICO

DECEMBER 13, 2017

In our blog series exploring application fraud, we have explored the drivers behind the rapid acceleration of identity-based fraud and the considerations that must be balanced in setting a fraud risk appetite. We frequently talk about how PII data from data breaches is for sale on the dark web.

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Bots Addressing Encryption Security 65

M2P Fintech

NOVEMBER 7, 2024

In this blog post, we will explore the essential features of loan origination systems that every lender must have. Security & Confidentiality Lenders handle vast amounts of personal and confidential information, making robust security measures essential to protect against data breaches, fraud, and unauthorized access.

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Origination PCI DSS API Underwriting 52

Exact Payments

FEBRUARY 26, 2024

Tokenization securely maintains the link between a token and sensitive card data in a database known as a token vault, which is safeguarded with encryption. Unlike encryption, which can be reversed with the correct key, tokenization does not allow for reverse engineering to obtain the original data from the token.

Fraud Prevention 40

Fraud Prevention Credit Cards Data Breach Payments 40

M2P Fintech

JANUARY 22, 2024

More than 6 million data records were exposed worldwide through data breaches and the average cost of a breach reached $ 6.41 Among all the compromised data types, Personally Identifiable Information (PII) is considered the costliest and most vulnerable. Cybersecurity threats are on the rise. So, let’s begin!

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Correspondent Origination Breach Security 52

Segpay

JUNE 13, 2024

Compliance with Industry Standards Your business should comply with industry bare minimums like Payment Card Industry Data Security Standard (PCI DSS). PCI DSS compliance sets industry requirements that safeguard payment card data using encryption, firewalls, and regular security audits. Use secure payment methods.

Best Practices 40

Best Practices Processors Transactions Security 40

FICO

JANUARY 5, 2021

It’s no surprise that COVID-19 would be one of the subjects that drew readers to the FICO Blog last year, but for the Fraud Protection and Compliance category it wasn’t the only top draw. Trust in passwords is diminishing due to data breaches, and while one-time passwords are still popular they have also been compromised.

Financial Crimes 52

Financial Crimes Crime Posting Scams 52

Nanonets

JUNE 19, 2023

With on-premise automation, you hold the keys to a kingdom fortified against external threats, ensuring that your sensitive data remains safe and sound. In this blog post, we will explore the benefits of on-premises automation, how some industries require it and what the future holds. What is On-Premises Automation?

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Automation Disaster Recovery Process Security 52