Fintech News

MAY 8, 2025

Attack vectors across the banking, financial services and insurance industry operations, Source: Digital Threat Report 2024, CERT-In, CSIRT-Fin and SISA Phishing attacks surge In H1 2024, cybersecurity firm Kaspersky recorded more than 135,000 phishing attacks targeting Indias financial sector. In India, that amount stood at US$2.35

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Deepfake Data Breach MFA Phishing 118

VISTA InfoSec

JUNE 19, 2024

On June 17, 2024, the Los Angeles County Department of Public Health (DPH) disclosed a data breach impacting more than 200,000 clients, employees, and other individuals. It, however, did not disclose when the breach was detected. It has also begun training all its employees in email security, especially inbound emails.

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Data Breach Breach Phishing Credential 264

VISTA InfoSec

MAY 12, 2024

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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PCI DSS Security Compromise Best Practices 277

VISTA InfoSec

MAY 20, 2025

If you’re in the cybersecurity world whether you’re a CISO, ethical hacker, compliance pro, or just love staying ahead of cyber threats following the right voices can make all the difference. These aren’t just professionals – theyre the ones who set the tone for the global conversation on cybersecurity.

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PYMNTS

DECEMBER 14, 2020

FireEye has closed on a $400 million investment by Blackstone , barely a week after one of the world’s top cybersecurity firms disclosed that its own files were hacked by what federal authorities suspect was a foreign intelligence service.

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Cybersecurity Breach Authorization Adjustments 110

The Payments Association

DECEMBER 9, 2024

The dual impact of generative AI on payment security, highlighting its potential to enhance fraud detection while posing significant data privacy risks. While AI generally offers significant improvements to payment security, its deployment also raises concerns about protecting sensitive customer information. What is this article about?

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Privacy Payment Security AI Security 88

The Finance Weekly

JUNE 7, 2022

Hack may not be the most comforting word in describing cyber security strategies, but it is nonetheless of paramount importance to defend against cybersecurity breaches. While these threats are an inevitable cancer in the age of digitization, anyone can prevent the potential crises that may emerge from cybersecurity issues.

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Fintech Review

APRIL 20, 2025

This is where cybertech comes in, the application of advanced cybersecurity technologies to protect digital finance. Cybertech sits at the intersection of cybersecurity and fintech. It covers the tools, platforms, and strategies that defend against data breaches, fraud, identity theft, and financial disruption.

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Finance Security Fraud Detection Encryption 59

VISTA InfoSec

APRIL 3, 2024

Big businesses carving out their place in the digital age find themselves in a constant battle against cybersecurity threats. It’s likewise impossible to overstate the importance of cybersecurity for large commercial enterprises since the stakes are very high for such organizations. Let’s get started.

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VISTA InfoSec

JUNE 21, 2023

Not sure where to start if you notice a data breach? Here are seven essential steps to follow Becoming aware that your company has suffered a data breach can be unsettling. Identifying and Containing the Damage Once you have been made aware of a data breach, the first step is to identify and contain the damage.

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Data Breach Breach Law Enforcement Cybersecurity 130

VISTA InfoSec

APRIL 5, 2024

Furthermore, complementing it with a managed security service provider (MSSP) ensures IT systems are secure and protected from malicious software threats. Data privacy and security Protecting your data and taking preventive measures to keep it away from fraudsters is important in the era of remote work. Tainted reputation.

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Best Practices Business Continuity Continuity Compromise 278

PYMNTS

SEPTEMBER 27, 2020

But the Financial Times (FT) reported moving from a furnished office space to a living room table can present cybersecurity risks. IBM reported the average cost of a single breach for a business is nearly $4 million, according to FT. Once rare, telecommuting has become routine during the pandemic.

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Security Cybersecurity Breach Crime 129

VISTA InfoSec

APRIL 12, 2024

Cybersecurity is vital in today’s fast-paced digital world, where keeping your private information safe is as crucial as the technology itself. Dive into the mechanisms of proxies to fully understand how they strengthen cybersecurity defenses. Proxies are key players in this arena, not just for the tech-savvy but for everyone online.

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Cybersecurity Best Practices Encryption Privacy 130

Finextra

JUNE 13, 2025

While enterprise systems like ERP and CRM often have strong security protocols, these systems don’t operate in a vacuum. Why Traditional Defences Fall Short Historically, businesses have relied on layered security controls like encryption, firewalls, and access policies to protect payment information. That’s where the real risk lies.

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VISTA InfoSec

FEBRUARY 13, 2024

Thus, it’s imperative for individuals and organisations navigating the digital world to implement no less than the most robust cybersecurity measures available. The nation’s strategic approach to safeguarding its digital landscape showcases a commitment to innovative and comprehensive cybersecurity mechanisms.

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Cybersecurity Audit Best Practices Mitigation 130

The Fintech Times

JUNE 3, 2024

Using the world’s largest proprietary risk and threat intelligence dataset, SecurityScorecard , the cybersecurity analyser, studied cybersecurity breaches across the UK’s 100 largest companies by market capitalisation, releasing a comprehensive analysis of the landscape of the FTSE 100 in the UK.

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Third Party Vendors Cybersecurity Breach Risk Management 111

The Fintech Times

DECEMBER 18, 2023

Today, we bring you insights from industry leaders regarding the changing dynamics of cybersecurity threats and trends in 2024. “A never-ending stream of data breaches combined with highly sophisticated and technical attacks means the stolen personal information available on the dark web is continuously replenished.

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Cybersecurity Ransomware RDC Credential 139

Fintech Review

JANUARY 30, 2025

According to DORA, market participants must conduct systematic stress tests with the various breach scenarios; Third-party risk management. Since January 2024, this regulatory framework has been preparing (and now requires) participants in the financial services market to be more reliable in cybersecurity.

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Fintech Review

JANUARY 21, 2025

Cybersecurity has become a critical challenge, and artificial intelligence (AI) is emerging as a transformative solution. We explore the role of AI in enhancing cybersecurity within fintech, highlighting its capabilities, limitations, and potential future applications. The use of customer data for AI training raises privacy concerns.

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PYMNTS

FEBRUARY 1, 2021

The Interstate Technology & Regulatory Council (ITRC) released new data on the state of cyberattacks and data breaches with some surprising news: data breaches were actually down in 2020 year-over-year. 19 percent fewer data breaches occurred in the U.S. The campaign is targeting businesses across the U.S.,

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Data Breach Breach Business Email Compromise Scams 136

PYMNTS

NOVEMBER 3, 2020

One of Sweden’s largest private insurers, Folksam Group , says a data breach affected one million of its clients. The firm said it discovered the breach after an internal audit and that it has reported the breach to Swedish regulators. elections or fraudsters looking to take advantage of the pandemic’s eCommerce trends.

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Data Breach Breach Cybersecurity NOV 102

The Fintech Times

JANUARY 10, 2024

Over half of financial organisations (55 per cent) have prioritised cybersecurity above all else for the coming year, according to new research from IT infrastructure provider Softcat. The annual report revealed that, for the second year in a row, the financial sector is prioritising cybersecurity above all technology areas.

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PYMNTS

OCTOBER 30, 2020

Mastercard has unveiled its artificial intelligence (AI)-fueled Cyber Secure tool suite, which lets banks evaluate cyber risk throughout their ecosystems and stop possible breaches from occurring, according to a Friday (Oct. 30) announcement emailed to PYMNTS. Mastercard said the world faces a $5.2

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Bank Automation

FEBRUARY 15, 2024

Financial institutions prioritize investment in cybersecurity technology but no matter how much they spend for protection, their systems and data remain vulnerable. “You could never say any organization is 100% secure and they’ll never be hacked,” Ray Kelly, fellow at cybersecurity company Synopsys Software Integrity Group, told Bank Automation News, (..)

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Data Breach Breach Security Cybersecurity 84

VISTA InfoSec

OCTOBER 21, 2024

They are appointed based on article 37 of GDPR, and help organizations stay compliant with data protection laws by overseeing data security policies, monitoring internal compliance, and providing expert advice for staffs managing the potential data privacy risks.

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CCPA Privacy Assessments Laws 208

Fintech Finance

SEPTEMBER 18, 2024

Tribe Payments, the innovative digital payments and infrastructure orchestrator specialising in issuer and acquirer processing, has achieved ISO 27001 certification, the strongest possible global information security standard.

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PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

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Cybersecurity Payments Breach Privacy 96

Trade Credit & Liquidity Management

JUNE 11, 2025

For example, when you share bank account information that enables your customers to make ACH payments to your company, it can also be exposed in the event of a customer’s data breach. In fact, 60% of SMBs go out of business after a security breach. Is there a dedicated individual responsible for monitoring cybersecurity?

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PYMNTS

APRIL 12, 2019

The General Data Protection Regulation (GDPR) represented a new phase in data security and EU regulators’ approach to it. Nearly one year since GDPR came into effect, there remain uncertainties about issues like accountability in cases of data breaches at data sharing partners.

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Cybersecurity Data Breach Breach Legal Framework 77

PYMNTS

JUNE 13, 2019

Cybersecurity is one of the main tasks in the world of digital commerce and payments, and it’s a task that is getting more attention from consumers, companies, regulators and others. Synack was started about six and a half years ago, he said, with its founders all having cybersecurity experience at the federal government level.

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Cybersecurity Data Breach Consulting Government 86

PYMNTS

OCTOBER 12, 2020

With over 5,000 cybersecurity vendors in the U.S. But that problem could be a thing of the past thanks to the launch of the world’s first B2B cybersecurity marketplace that enables buyers to easily search, compare pricing and purchase the right IT solution in one place. Compliance Is Key. COVID-Era Changes.

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VISTA InfoSec

JUNE 7, 2024

As flexible working arrangements become increasingly common across every industry, companies need secure, dependable ways to grant remote employees online access to company data, services, and applications. As businesses become more digital, their vulnerability to cybersecurity threats like data breaches and ransomware attacks also rises.

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VISTA InfoSec

SEPTEMBER 5, 2024

Small and medium enterprises (SMEs) are especially vulnerable to these attacks due to limited resources and a lack of cyber security expertise. Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. What are the most common cyber security threats for SMEs?

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Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

Small and medium enterprises (SMEs) are especially vulnerable to these attacks due to limited resources and a lack of cyber security expertise. Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. What are the most common cyber security threats for SMEs?

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Security Phishing Ransomware Risk Assessment 130

PYMNTS

MARCH 26, 2020

Cybersecurity insurance company Chubb , which provides aid to companies affected by data breaches, has been hit by one itself, according to a report by TechCrunch. The company said it was looking into a “security incident” that involved unauthorized access with a third-party company. Zack did not say anything beyond that.

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PYMNTS

OCTOBER 22, 2018

Facebook is reportedly gearing up to acquire a cybersecurity company in an effort to assure users that security is a top priority of the social media company. CNET , citing a report from The Information, reported Facebook has reached out to several security companies that could be takeover targets.

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CB Insights

MARCH 27, 2019

Cybersecurity is a hot topic today. Already this year, at least 30 organizations — including coffee chain Dunkin’ and cloud provider Rubrik — experienced major data breaches. Future of Cybersecurity: Trends & Startups To Watch. Read our future of data security report for more on this topic. ).

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