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What is Click to Pay and How Does It Work?

Stax

Enhanced securitytokenization and two-factor authentication reduces the risk of data breaches As we mentioned earlier, Click to Pay uses a data security approach called tokenization to protect sensitive financial data from malevolent actors. Sensitive data may be stored on servers, increasing the risk of breaches.

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Behind the Vault: How Custodial Infrastructure Powers Crypto and Stablecoin Payments

Finextra

Lastly, the reliance on a few major custodians creates centralization risks, where a breach in the security of one custodian can affect many clients in the cryptocurrency ecosystem. This loss of control is another downside, as businesses may experience delays or restrictions on withdrawing their assets, especially during market volatility.

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Data Blizzard Hits LA Schools: Students data stolen in Snowflake Hack

VISTA InfoSec

In a recent development that has raised concerns across the education sector, Los Angeles Unified School District (LAUSD) has confirmed a significant data breach involving student information. Conclusion The ramifications of this breach extend beyond immediate security concerns. As the situation unfolds, LAUSD and Snowflake Inc.

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Post Equifax breach, enrollments are the front line in the fraud fight

Payments Source

Historically, the industry has placed much greater emphasis on preventing fraud at the point of transaction without doing enough to stop fraudulent account openings, writes Melissa Townsley, co-founder and CEO of GIACT systems.

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CMS Healthcare Portal For Insurance Agents Hacked

PYMNTS

In a press release late Friday, CMS said that earlier in the week staff detected anomalous activity in the Federally Facilitated Exchanges (FFE)’s Direct Enrollment pathway for agents and brokers. CMS said that it believes about 75,000 individuals’ files were accessed via the data breach.

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Healthcare.gov Hack Exposes Consumer Data

PYMNTS

The Centers for Medicare and Medicaid Services ( CMS ) confirmed on its website that it was the victim of a data breach in October — the Marketplace system used for agents and brokers was hacked. Please be assured that all information will be protected during Open Enrollment,” CMS wrote in the letter. “At

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Pearson Breach Exposed Data Of 13K+ Students

PYMNTS

The British company knew of the data breach around November 2018, but only now went public with the details, a person familiar with the matter told WSJ. The data breach mostly affected students in the U.S., The data breach mostly affected students in the U.S., The cyberattack was reported to Pearson by the FBI in March.

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