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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. This is where PCI DSS (Payment Card Industry Data Security Standard) compliance becomes essential for Australian businesses. 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. The company confirmed the incident to TechCrunch following a hacker’s claim of compromising Finastra ‘s internal file-transfer platform and subsequent attempts to sell the stolen data.

Breach 117
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Understanding POS Security: Protecting Your Business and Customer Data

VISTA InfoSec

Given this recent wave of cyberattacks, all small businesses must do their part to secure their Point of Sale (POS) systems from unauthorized parties. To keep your business secure, only engage with payment processors and vendors that comply with PCI DSS.

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‘Serenity’ and ‘IDEMIA Secure Transactions’ Launch sAxess Biometric Card for Enhanced Digital Security and Data Recovery

Fintech Finance

Serenity , a tech and blockchain solution provider, and IDEMIA Secure Transactions (IST), a global leader in payment and connectivity solutions, announced the launch of sAxess , a biometric security card to improve data access control, security, and recovery.

Security 116
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Cyber Threats Surge in India’s Financial Sector

Fintech News

The technology is enabling large scale impersonation scams, including executive-level business email compromise (BEC) attacks and misinformation campaigns. Credential theft: a key attack vector Credential theft is highlighted as one of the most effective tactics for attackers to breach organizational networks. million in 2024, up 7.8%

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Advanced Data Security: Safeguarding Your Business In The Digital Age  

VISTA InfoSec

Whether you’re a small business owner, a corporate leader, or an Information and Communication Technology (ICT) specialist, the consequences of a data breach are severe and far-reaching. Keep Software And Systems Updated Software updates fortify your digital defenses, patching security loopholes that cyber crooks exploit.

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The rise of generative AI in payment security: A double-edged sword for data privacy

The Payments Association

The dual impact of generative AI on payment security, highlighting its potential to enhance fraud detection while posing significant data privacy risks. However, as payment services rely more heavily on these AI technologies, they face a growing challenge: how to harness the power of LLMs without compromising data privacy.

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