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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. In todays article, we are going to learn how PCI DSS compliance protects businesses from data breaches. The financial implications of these breaches are profound.

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Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

A data breach could ruin your business overnight. That’s the harsh aftermath companies face today following high-profile breaches. That’s the harsh aftermath companies face today following high-profile breaches. What Is A Data Breach? Understanding breach avenues helps strengthen protections proactively.

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Cyber Threats Surge in India’s Financial Sector

Fintech News

India is experiencing a rise in deepfake identity fraud, with cases surging by 550% since 2019. Finance is among the sectors most affected by the trend, with deepfake-based identity theft and fraudulent video know-your-customer (KYC) processes, in particular, rising to prominence. billion) in 2024 alone. Approximately 1.1

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Equifax Chief Hit By Identity Theft Three Times

PYMNTS

Equifax CEO Mark Begor revealed that he has been the victim of identity theft three times in the past 10 years during a privacy hearing on Tuesday (February 26). In 2017, Equifax suffered a massive data breach that exposed the personal data of 143 million consumers in the U.S., Begor made the confession after U.S.

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Understanding POS Security: Protecting Your Business and Customer Data

VISTA InfoSec

According to the Identity Theft Resource Center’s (ITRC) 2023 Business Impact Report , 73% of small business owners in the US reported a cyber-attack within the previous year, underlining the growing popularity of small businesses as a target among malicious actors.

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FTC: Active Duty Troops 76 Pct More Likely To Report Identity Theft

PYMNTS

Active-duty service members are 76 percent more likely to report identity theft than most people, according to data from the Federal Trade Commission (FTC). The FTC has said identity theft is a prevalent problem, with over 650,570 cases reported in 2019, or 20.3 percent of the 3.2 million fraud cases reported that year.

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What to do if your company suffers a data breach

VISTA InfoSec

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.