VISTA InfoSec

JUNE 3, 2024

The Importance of a Strong Password Policy A strong password policy is a cornerstone of any cybersecurity strategy. Weak or compromised passwords are often the weak link in an organization’s security chain, providing an easy entry point for cybercriminals.

MFA 130

MFA Credential PCI DSS Compliance 130

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.

FBI 130

FBI Breach MFA Cybersecurity 130

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 130

VISTA InfoSec

OCTOBER 21, 2024

Whichever cryptocurrencies you’re trading in, make sure to look for these security features in your next crypto wallet: 1) Multifactor Authentication (MFA) Multifactor authentication adds extra layers of security in addition to the typical username password. This can make it more difficult for hackers to trace transactions back to you.

Cryptocurrency 162

Cryptocurrency Multifactor Authentication MFA Compromise 162

VISTA InfoSec

JULY 29, 2024

Whichever cryptocurrenciesyouretrading in, make sure to look for these security features in yournextcrypto wallet: 1) Multifactor Authentication (MFA) Multifactor authentication adds extra layers of security in addition to the typical username password. Fortunately, most wallet developers take malicious actors seriously.

Cryptocurrency 130

Cryptocurrency Multifactor Authentication MFA Compromise 130

VISTA InfoSec

MAY 15, 2025

The SWIFT Customer Security Programme (CSP) was established to enhance cybersecurity hygiene across its network, helping institutions protect against fraud and cyberattacks. What is SWIFT CSP The SWIFT CSP, launched in 2016, is designed to mitigate cybersecurity risks and enhance the overall security of financial institutions.

SWIFT 100

SWIFT Security Best Practices PCI DSS 100

Stax

MARCH 4, 2024

Taking precautions to implement security measures such as secure firewalls and cybersecurity training helps to protect cardholder data and other sensitive information. It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place. What is SSL/TLS?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

Fintech News

MARCH 25, 2024

It typically operates by infecting a user’s device through various means, such as phishing emails, fake apps, or compromised websites. Hook is a type of malicious software specifically designed to target mobile banking apps. The captured information is then sent to a remote server controlled by cybercriminals.

Mobile Banking 120

Mobile Banking Online and Mobile Banking Identity Theft Credential 120

PYMNTS

JUNE 8, 2020

FIs may need to provide data to FinTech startups without dedicated cybersecurity teams, for example, which could then be more easily compromised by hackers who will steal sensitive bank customer data. MFA requires customers to prove their identities by providing at least two types of credentials. Fighting Phishing.

Authentication 60

Authentication MFA Phishing Scams 60

FICO

SEPTEMBER 17, 2018

They exploited and succeeded in compromising two of the bank’s payment systems – the ATM Switch and the SWIFT payments system. Layer 1 – Cybersecurity Measures. The layer for cybersecurity puts measures in place to monitor the security & internet infrastructure of the organization. Cosmos Bank in India recently had $13.5

Cybersecurity 45

Cybersecurity Multi-Currency MFA ATM 45

PYMNTS

OCTOBER 21, 2020

This means that even one compromised account could threaten all others that rely on the same credentials, potentially costing victims a fortune in stolen money and data.”. Studies have found that using MFA can prevent more than 99.9 P2P Is A Double-Edged Sword. percent of attacks that utilize stolen credentials.”.

P2P 56

P2P Security MFA Financial Crimes 56

PYMNTS

APRIL 21, 2020

Business email compromise (BEC), B2B phishing scams, synthetic identities, fake accounts and trillions of aid dollars flooding out at a time of maximum uncertainty make this a fraudster’s paradise. COVID-19 has afforded internet villains what will certainly go down as the greatest cybertheft opportunity of their shadowy lifetimes.

Scams 63

Scams Automation Phishing Email Compromise 63

FICO

SEPTEMBER 19, 2018

They exploited and succeeded in compromising two of the bank’s payment systems – the ATM Switch and the SWIFT payments system. Layer 1 – Cybersecurity Measures. The layer for cybersecurity puts measures in place to monitor the security & internet infrastructure of the organization. Cosmos Bank in India recently had $13.5

Cybersecurity 40

Cybersecurity Multi-Currency MFA ATM 40

Stax

JULY 9, 2024

Data breaches that compromise consumer payment or sensitive business data, identity theft, and other forms of fraudulent transactions are all current threats of doing business—however, that is simply part of doing business in today’s digital age. Businesses are encouraged to employ comprehensive cybersecurity practices to reduce risk.

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

Seon

SEPTEMBER 28, 2023

Key Topics for a Security Awareness Program A security awareness program should focus on strong, up-to-date cybersecurity compliance, equipment, and measures and ensure a level-headed and well-informed workforce. Password management : Using multi-factor authentication (MFA) and password managers.

Security 52

Security Phishing Best Practices Data Breach 52

PYMNTS

SEPTEMBER 7, 2017

This fundamental shift in approaching and tackling the problem has established us as the clear market leader in the fraud prevention [and cybersecurity] space. At the same time, banks have a strong desire to provide a smoother and more frictionless customer experience without compromising security.

Same Day ACH 46

Same Day ACH Fraud Detection Innovation Fraud Prevention 46

The Fintech Times

MAY 24, 2025

In its report, Defending the Financial Supply Chain: Strengths and Vulnerabilities in Top Fintech Companies, which looked at the cybersecurity posture of 250 fintech companies, SecurityScorecard uncovers that 41.8 per cent of third-party breaches, with file transfer software and cloud platforms being the most frequent points of compromise.

Cybersecurity 58

Cybersecurity FinTech Breach Third Party Vendors 58

VISTA InfoSec

JUNE 4, 2025

The SWIFT Customer Security Programme (CSP) was established to enhance cybersecurity hygiene across its network, helping institutions protect against fraud and cyberattacks. The SWIFT CSP, launched in 2016, is designed to mitigate cybersecurity risks and enhance the overall security of financial institutions. What is SWIFT CSP?

SWIFT 130

SWIFT Security Best Practices PCI DSS 130

VISTA InfoSec

MAY 5, 2025

Understand the SWIFT CSP framework Review the SWIFT Customer Security Controls Framework (CSCF) through the SWIFT CSP portal to understand all the security requirements there related to secure communication, operations, and cybersecurity. Operational Disruption : Delays, errors, and compromised systems.

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SWIFT Security Compliance MFA 130

Fintech News

MARCH 1, 2025

This suggests attackers are refining methods to penetrate offline storage through compromised internal systems or supply chain attacks. Key compromises often happen through phishing attacks, malware, or social engineering tactics. MFA adds another layer of security by requiring multiple verification steps before granting access.

Security 120

Security Phishing Breach Audit 120