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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. Source – credit card debt statistics 2025 and Australian debit card statistics ) As digital transactions continue to grow, so do the challenges of protecting sensitive customer data.

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What Are Virtual Terminals? A Guide for Businesses

EBizCharge

Secure payment processing: Data encryption ensures that credit card details and payment data are secure, reducing fraud risk. Many small businesses (independent consultants or home-based companies) also use virtual terminal payments to process card and electronic payments without additional hardware or a card reader.

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Hacker Tracker: Yahoo In Hot Water, Selfie Security Risks, US Data Breaches Surge

PYMNTS

Eric Chiu, cofounder and president of HyTrust , joined this week’s Hacker Tracker to share insights on the SEC examining the Yahoo breaches, why a selfie app may cause more harm than good and how the U.S. Yahoo disclosed a breach of 500 million users’ data in Sept. 2013 had compromised even more user data.

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How To Prevent Data Breaches: 15 Best Practices

EBizCharge

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. According to the 2023 IBM Data Breach Report , the global average cost of data breaches was $4.45 What are data breaches?

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Accutive Eyes GDPR Compliance With Encryption Alternative

PYMNTS

Security and technology consulting company Accutive is rolling out a new solution designed to give enterprises an alternative to data encryption to protect sensitive information. 20), Accutive said it is launching its Data Discovery and Data Masking solutions. In a press release on Wednesday (Feb.

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Pragmatically Navigating New Technologies in The New Year

The Finance Weekly

Moreover, how do you ensure data quality, security, and privacy as cybersecurity breaches stubbornly persist? Heightened Data Security A data security breach is one of the CFO’s biggest nightmares. As a small business CFO, how do you navigate toward business recovery?

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What Is Data Tokenization and How Does It Work?

Stax

With payment tokenization, the actual credit card data isn’t stored thereby making digital payment transactions more secure. Besides the enhanced data security, other benefits include reduced risk of breaches, easier regulatory compliance, and compatibility with legacy systems.