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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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Cyber Threats Surge in India’s Financial Sector

Fintech News

Credential theft: a key attack vector Credential theft is highlighted as one of the most effective tactics for attackers to breach organizational networks. Many SaaS platforms include client-specific information in URLs, compounding the risk by exposing sensitive data when combined with compromised credentials. million in 2024, up 7.8%

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Payments Security Now Influences Travel Purchase Decisions, Finds New Outpayce Study

Fintech Finance

A new survey of 4,500 travelers across five markets commissioned by travel payments specialist Outpayce from Amadeus , reveals growing demand for robust payment security, with over 70% of travelers stating they would choose a travel company based on its strong reputation for secure commerce.

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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.

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The Top Payment Fraud Trends in 2024

Fintech News

Ransomware and data breaches gain in sophistication Although ransomware and data breaches decreased in H1 2024, these threats continue to pose significant challenges. However, the overall number of individual ransomware and data breach incidents tracked by Visa PFD decreased by 12.3%

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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. It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. What is this article about?

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A Complete Guide to Securely Process Credit Cards in Sage 100

EBizCharge

As data breaches evolve and advance, a robust payment processing system that protects sensitive financial information is essential. For companies using Sage 100, understanding how to process credit cards securely is not just an option it’s a necessity. What is Sage 100?