VISTA InfoSec

JUNE 18, 2024

These experts are more experienced when it comes to cybersecurity. Staying current across your digital environment is essential for cybersecurity hygiene. Even if passwords are compromised, those extra identity checkpoints block illicit access attempts. A single compromised login could damage your entire network.

Data Security 266

Data Security Security Encryption Cybersecurity 266

VISTA InfoSec

SEPTEMBER 25, 2024

For those wondering how to approach this, make sure to keep reading as well be covering everything you need to know about cybersecurity. This means that cybersecurity is an area that all of us should understand thoroughly to avoid any threats or issues. The most common threat that you might already be aware of is phishing scams.

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Cybersecurity Encryption Scams Cryptocurrency 130

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.

Deepfake 121

Deepfake Data Breach MFA Phishing 121

PYMNTS

JANUARY 3, 2021

The intruders' use of servers within the country made the attack especially potent because of laws that prevent the government's main cybersecurity operations — especially the National Security Agency — from spying on domestic targets, the Times noted. Sources told the Times the matter may have been exacerbated by the focus U.S.

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Cybersecurity Compromise Government Governance 127

VISTA InfoSec

FEBRUARY 13, 2024

These threats are widespread and can also lead to severe consequences, including financial loss, and the compromise of personal and sensitive data. Thus, it’s imperative for individuals and organisations navigating the digital world to implement no less than the most robust cybersecurity measures available.

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Cybersecurity Audit Best Practices Mitigation 130

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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Cybersecurity Encryption Breach Phishing 130

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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Cybersecurity Breach Privacy Risk Management 130

PYMNTS

NOVEMBER 25, 2020

The survey, which will be released in December, reports that 64 percent of executives at financial companies ranked cybersecurity as their top concern in expected budget increases. The survey found that some FIs plan to spend over $3,000 on cybersecurity per employee this year. Bloomberg received part of the survey in advance.

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Cybersecurity Credential Compromise Authentication 121

VISTA InfoSec

APRIL 5, 2024

The following are some of the consequences when data privacy and security are compromised: Productivity loss. Operational interruption happens when cybersecurity is breached. But by educating members on managing their passwords, identifying potential scams, and practicing proper file sharing, cases of compromise will be reduced.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

PYMNTS

APRIL 14, 2020

With the business email compromise (BEC) phishing attack a continuously growing threat for businesses large and small, organizations are exploring how strategic cybersecurity investments can protect them when bad actors attempt to steal company cash or redirect business payments.

Email Compromise 96

Email Compromise Compromise Business Email Compromise Phishing 96

VISTA InfoSec

JULY 1, 2024

Conclusion Conducting comprehensive security audits without compromising on time is possible. Good time management ensures the audit is completed on schedule. Plan breaks to avoid burnout. Review time logs to improve future audits. These tips will help you conduct thorough security audits quickly. Protect your business while saving time.

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Audit Compromise Security Automation 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.

Third Party Vendors 111

Third Party Vendors Cybersecurity Breach Risk Management 111

VISTA InfoSec

MAY 12, 2024

When used, these devices will collect payment details without the merchant’s knowledge, compromising customer data security. This additional step helps prevent unauthorized access even if login credentials are compromised, keeping your data secure.

PCI DSS 277

PCI DSS Security Compromise Best Practices 277

VISTA InfoSec

MAY 23, 2024

These storage resources can be compromised and lead to data leaks similar to the unsecure S3 bucket of THSuite reported in 2020. Threat actors can compromise these and render passwords and other secrets useless. Storage resources are known as S3 buckets in AWS, with the type indicated as aws_s3_bucket.

Compromise 288

Compromise Database Best Practices Shutdown 288

VISTA InfoSec

JUNE 19, 2024

However, this convenience comes with significant cyber risks that can compromise sensitive information and privacy. Malware and Ransomware Malware and ransomware are significant threats in the realm of video communication, with attackers leveraging these tools to compromise devices and networks.

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Risk Ransomware Phishing Encryption 277

PYMNTS

NOVEMBER 28, 2018

They also lack the finances to train staff, adopt cybersecurity technology, and implement sophisticated expertise to protect data. While small and mid-sized businesses (SMBs) must be diligent about data protection and cybersecurity, the professors suggest regulators design legislation proportionate to the size of the business.

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Small Business Cybersecurity Ransomware Compromise 78

PYMNTS

OCTOBER 21, 2016

A new report by Kaspersky Lab finds that, with so many small businesses understanding the threat of cyberattacks, yet with few resources to allocate towards cybersecurity, SMEs are beginning to turn to security outsourcing to safeguard their businesses.

Cybersecurity 75

Cybersecurity Small Business Compromise Security 75

VISTA InfoSec

DECEMBER 19, 2024

But as digital thieves and cyberattacks became more sophisticated targeting the financial sector, it led to the rise of cyber security cases which is why SWIFT introduced the SWIFT Customer Security Programme (CSP), a set of cybersecurity requirements designed to protect the global financial ecosystem.

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SWIFT Cybersecurity PCI DSS Compliance 173

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.

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Cybersecurity B2B Email Compromise Business Email Compromise 83

FICO

OCTOBER 10, 2016

This, in the public domain, is the single largest cyber-breach in history, affecting an estimated 500 million Yahoo users and potentially compromising their personal, demographic, contact and security information. But so is checking the rearview mirror for evidence of any past compromises. Getting ready for future breaches is critical.

Crime 83

Crime Cybersecurity Breach Data Breach 83

Payments Source

FEBRUARY 21, 2019

By using the dark web as a cybersecurity tool, instead of an ungovernable threat, financial institutions can intercede and interdict compromised card data post-breach, pre-fraud, writes Ted Kirk, vice president of strategic partnerships for Advanced Fraud Solutions.

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Compromise Cybersecurity Breach Payments 118

PYMNTS

OCTOBER 17, 2018

Securities and Exchange Commission (SEC) has issued a stern warning to public companies: tighten cybersecurity controls or risk being in violation of federal law. The regulator issued a report based on the SEC Enforcement Division’s investigations of nine public companies that lost millions of dollars as the result of cyber fraud.

Cybersecurity 76

Cybersecurity Email Compromise Law Enforcement Business Email Compromise 76

The Fintech Times

SEPTEMBER 5, 2024

CrowdStrike: A wake-up call On 19 July 2024, a faulty software update from cybersecurity company CrowdStrike hit 8.5 The excessive concentration of executive control and the rigidity of their processes can lead to single points of failure that, when compromised, can bring the entire payment process to a halt.

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Financial Crimes Mitigation Cybersecurity Crime 82

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. Last month, an AT&T survey of 800 cybersecurity professionals revealed 70 percent of those employed by big businesses said remote working leaves them more vulnerable to cyberattacks, FT reported.

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Security Cybersecurity Breach Crime 129

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. Regulators around the world now require financial services to demonstrate cybersecurity readiness, resilience, and reporting capabilities.

Finance 59

Finance Security Fraud Detection Encryption 59

PYMNTS

SEPTEMBER 9, 2019

The cybersecurity world is witnessing a potentially new, dangerous threat: according to insurance firm Euler Hermes, one of its corporates fell victim to cyber fraud after attackers used sophisticated artificial intelligence (AI) technology to impersonate the firm’s chief executive officer by mimicking his voice on the phone.

Cybersecurity 72

Cybersecurity Email Compromise Deepfake Crime 72

PYMNTS

OCTOBER 2, 2017

It was a team of cybersecurity researchers from the firm ERPScan, and not malicious hackers, who discovered that point-of-sale (POS) systems made by SAP had a gaping loophole. No addresses, banking information or social insurance numbers were compromised by the glitch. SAP Point of Sale. EDGAR Database. National Bank of Canada.

Cybersecurity 76

Cybersecurity Breach Point-of-Sale (POS) Authentication 76

Payments Source

JANUARY 4, 2018

Cybersecurity systems, as sophisticated as they are, are clearly not doing the job. And maybe they never will, given that in the end the effectiveness of those systems can be overridden by workers inside the organization, writes Tal Vegvizer, director of research and development for Bufferzone.

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Compromise Security Cybersecurity Research 69

PYMNTS

OCTOBER 18, 2018

First Data’s 2018 Consumer Cybersecurity Study is based on data from 1,767 U.S. In addition, 26 percent of consumers reported that their PII information had been compromised within the last month, and 34 percent experienced a compromise within the last year.

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Compromise Data Breach Breach Cybersecurity 64

Fintech News

SEPTEMBER 16, 2024

Mastercard aims to strengthen its cybersecurity capabilities with this acquisition as cybercrime costs are projected to reach US$9.2 This acquisition complements Mastercard’s services in identity verification, fraud prevention, and cybersecurity, offering enhanced protection for merchants and financial institutions.

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Visa Acquirers Cybersecurity Fraud Prevention 113

PYMNTS

SEPTEMBER 30, 2019

companies via the Business Email Compromise scam, reports in The East African said last week. Through Operation reWired, we are sending a clear message to the criminals who orchestrate these Business Email Compromise schemes that ‘I will keep coming after you, no matter where you are.’”.

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Email Compromise FBI Compromise Business Email Compromise 56

The Fintech Times

FEBRUARY 26, 2025

Small and mid-sized businesses (SMBs) are suffering from a continuing onslaught of cyberattacks as threat actors adopt more efficient targeting and AI-driven attacks, according to a new report from cybersecurity firm SonicWall.

Automation 59

Automation AI Ransomware Email Compromise 59

Nanonets

NOVEMBER 14, 2023

Business Email Compromise (BEC) is a cyber threat that exploits the vulnerabilities of email communication. Perpetrators impersonate trusted entities, such as executives or vendors, employing social engineering techniques to coerce employees into compromising actions. What is Business Email Compromise (BEC)?

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Email Compromise Business Email Compromise Compromise Phishing 52

VISTA InfoSec

JUNE 27, 2024

Upon investigation, it was revealed that personal information such as student names, addresses, dates of birth, and potentially other sensitive details had been compromised. Meanwhile, the incident serves as a stark reminder of the persistent cybersecurity challenges faced by educational institutions in an increasingly digital age.

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FBI Breach MFA Cybersecurity 130

CB Insights

MARCH 27, 2019

Cybersecurity is a hot topic today. Future of Cybersecurity: Trends & Startups To Watch. Future of Cybersecurity: Trends & Startups To Watch. Learn about active cyber defense strategies and what they mean for the future of enterprise cybersecurity. Most recently, Dow Jones saw over 2.4M

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Cybersecurity Encryption Data Breach Breach 76

VISTA InfoSec

DECEMBER 19, 2024

But as digital thieves and cyberattacks became more sophisticated targeting the financial sector, it led to the rise of cyber security cases which is why SWIFT introduced the SWIFT Customer Security Programme (CSP), a set of cybersecurity requirements designed to protect the global financial ecosystem.

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

VISTA InfoSec

JUNE 21, 2023

Data breaches are affecting millions of people across the globe, with over 340 million records already compromised in 2023 headline cases and new incidents surfacing every week. You need to know if any data has been compromised and, if so, where it may have been shared.

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Data Breach Breach Law Enforcement Cybersecurity 130