VISTA InfoSec

FEBRUARY 25, 2024

A data breach could ruin your business overnight. Are you prepared to deal with regulatory fines, lawsuits, costly investigations, disrupted operations, and destroyed trust while cybercriminals profit freely from stolen data? That’s the harsh aftermath companies face today following high-profile breaches.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

EBizCharge

OCTOBER 25, 2023

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?

Data Breach 52

Data Breach Best Practices Breach Phishing 52

Segpay

FEBRUARY 21, 2024

Tokenization: Generative AI contributes to the implementation of tokenization, a technique that replaces sensitive data, such as credit card numbers, with unique tokens. These tokens are generated for each transaction, reducing the risk of data breaches. This provides digital payment methods with an additional level of security.

AI 105

AI Innovation Fraud Detection Encryption 105

VISTA InfoSec

SEPTEMBER 25, 2024

As businesses continue to evolve in their customer service strategies, Contact Center as a Service (CCaaS) solutions have emerged as an effective tool for enhancing customer experience. Compliance: Ensure your CCaaS provider complies with industry regulations, such as GDPR or HIPAA, to protect customer data.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

VISTA InfoSec

OCTOBER 21, 2024

As businesses continue to evolve in their customer service strategies, Contact Center as a Service (CCaaS) solutions have emerged as an effective tool for enhancing customer experience. Compliance: Ensure your CCaaS provider complies with industry regulations, such as GDPR or HIPAA, to protect customer data.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

The Finance Weekly

DECEMBER 30, 2021

Moreover, how do you ensure data quality, security, and privacy as cybersecurity breaches stubbornly persist? The following are a few practical considerations as waves of new technology continue coming our way. Heightened Data Security A data security breach is one of the CFO’s biggest nightmares.

Technology 130

Technology MSPS Small Business Data Security 130

VISTA InfoSec

SEPTEMBER 5, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. With sensitive information at stake, including customer credit cards and proprietary business data, SMEs must prioritize robust cyber security measures.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. With sensitive information at stake, including customer credit cards and proprietary business data, SMEs must prioritize robust cyber security measures.

Security 130

Security Phishing Ransomware Risk Assessment 130

Basis Theory

OCTOBER 1, 2024

Failure to meet these standards could result in fines or bans as a merchant or service, rendering you unable to process payments or send payment data with the major networks. Nearly 20 years later, with more than 300 requirements and sub-requirements, PCI DSS continues evolving. The fines range from $50 to $90 per cardholder.

PCI DSS 88

PCI DSS Encryption Compliance Assessments 88

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.

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

Payment Savvy

DECEMBER 3, 2020

Some of the steps to take include: Continuously monitor your systems to see whether there are any problems. An effective cyber fraud strategy should prevent physical access to sensitive data and render that data useless in case it falls into the wrong hands by encrypting it.

Encryption 52

Encryption Data Encryption Identity Theft Cybersecurity 52

Fintech Review

MARCH 18, 2025

As banking services went digital, encryption became increasingly important for protecting information. In the late 20th century, banks began adopting cryptographic algorithms to shield data. The Data Encryption Standard (DES) emerged in the 1970s, followed by the RSA algorithm for secure communications.

Security 66

Security Encryption FinTech Breach 66

EBizCharge

AUGUST 8, 2024

Its commitment to innovation means continuous enhancements in payment functionalities that align with evolving business needs and customer expectations. Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

The Fintech Times

MARCH 18, 2024

Key benefits of digital fraud prevention tools Real-time monitoring leveraging fraud detection algorithms The power of modern fraud detection tools lies in their ability to monitor transactions and user behaviour continuously, in real time. This commitment instils trust and fosters a deep sense of loyalty among customers.

Fraud Prevention 59

Fraud Prevention AI Fraud Detection Payments 59

M2P Fintech

JULY 11, 2023

By implementing robust encryption algorithms such as AES (Advanced Encryption Standard), and incorporating secure key exchange protocols like the Elliptic Curve Diffie-Hellman (ECDH) algorithm, developers can fortify their apps against potential breaches.

Encryption 52

Encryption Security Blocks Correspondent 52

Segpay

JUNE 13, 2024

This shows that as businesses and customers continue to rely on online payment systems the risk of falling prey to cyber security threats increases too. If you fail to fortify your defenses, your business will suffer a lot in the face of a successful breach. Verizon’s 2021 report found that 85% of breaches involved a human element.

Best Practices 40

Best Practices Processors Transactions Security 40

FloQast

MAY 13, 2024

Integrating these tools into your workflows can help you eliminate routine data entry and repetitive tasks, improve efficiency, and remain competitive. Continuous Learning with Digital Transformation As digital technologies evolve, continuous learning is essential for accounting teams.

Accounts 52

Accounts Technology Cybersecurity Audit 52

Exact Payments

FEBRUARY 5, 2024

ISVs will now be required to incorporate SAD within their data retention policies, necessitating the removal of users who have remained inactive during the specified retention period. Change #2: Primary Account Number (PAN) Encryption The security of sensitive information, such as primary account numbers (PANs), is of utmost importance.

ISVS 52

ISVS PCI DSS Encryption Authentication 52

Nanonets

SEPTEMBER 21, 2023

Streamlining with EDI Payment Solutions As businesses continue to seek ways to optimize their operations, the adoption of electronic data interchange (EDI) payment solutions has become increasingly popular. Another essential factor to consider when integrating EDI payment is data security.

Payment Solutions 52

Payment Solutions Payee Payments Payer 52

Segpay

MARCH 10, 2025

Real-Time Confirmation: Once authorized, the payment gateway finalizes the transaction, instantly updating the player and allowing them to continue gaming without delays. Tokenization & Encryption All sensitive payment data is encrypted and tokenized, reducing the risk of data breaches.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

Fintech News

MARCH 10, 2024

From compromised financial data to stolen identities, a single breach can shatter user trust and cripple business operations. SecIron being a leading provider of mobile app security solutions, equips organisations to safeguard mobile apps and data against mobile malware and a multitude of other threats.

Digital Payments 119

Digital Payments Security Data Encryption Encryption 119

VISTA InfoSec

MAY 5, 2025

Implement security controls Deploy required cybersecurity measures like multi-factor authentication (MFA), data encryption, and segregation of duties. Update internal security policies that need to be updated to meet SWIFT CSP standards and set up continuous security monitoring.

SWIFT 130

SWIFT Security Compliance MFA 130

VISTA InfoSec

APRIL 23, 2025

As a SaaS company, you are handling a vast number of customer data from personal information to financial records. Now data breaches and mishandling of those information cannot only impact your reputation but can also lead to the loss of your client’s trust. Why SaaS companies need SOC 2?

Compliance 113

Compliance Audit Assessments ISOs 113

Segpay

DECEMBER 19, 2024

Identity as a Service, Key to Seamless Digital Transformation As the world continues to digitalize, the need for secure, and scalable identity management systems becomes critical. These adaptive security measures help mitigate potential breaches.

Verification 104

Verification Authentication MFA Compliance 104