VISTA InfoSec

OCTOBER 21, 2024

Because there is such a clear need for the security they offer, it’s unsurprising that there is a dizzying number of crypto wallet options out in the market, ranging from popular software solutions to more exotic custom hardware storage. In particular, look for wallets that let you customize transaction confirmation settings.

Cryptocurrency 162

Cryptocurrency Multifactor Authentication MFA Blockchain 162

VISTA InfoSec

DECEMBER 19, 2024

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides secure and reliable communication networks for over 11500 connected financial institutions to facilitate cross-border payments and securities transactions. What is SWIFT CSP, and why it was introduced?

SWIFT 173

SWIFT Cybersecurity PCI DSS Compliance 173

VISTA InfoSec

MAY 15, 2025

SWIFT, the global backbone for secure financial messaging, plays a critical role in enabling fast and reliable cross-border transactions. But as cyber threats grow more advanced, financial institutions must implement robust SWIFT security controls to safeguard their systems and prevent fraud. Internal Data Flow Security 2.2

SWIFT 100

SWIFT Security Best Practices PCI DSS 100

Stax

MARCH 4, 2024

To stay ahead of fraud means merchants must understand the threats, use trusted and secure providers, and keep up to date on payment security trends. So, let’s dive into payment security, touching on the basics of what you need to know to ensure secure payments. billion digital wallet users, or 42.6%

PCI DSS 88

PCI DSS Payment Security Security MFA 88

VISTA InfoSec

JULY 29, 2024

Because there is such a clear need for the security they offer,itsunsurprising that there is a dizzying number of crypto wallet optionsoutin the market, ranging from popular software solutions to more exotic custom hardware storage. In particular, look for wallets that let you customize transaction confirmation settings.

Cryptocurrency 130

Cryptocurrency Multifactor Authentication MFA Compromise 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. Conclusion The ramifications of this breach extend beyond immediate security concerns.

FBI 130

FBI Breach MFA Cybersecurity 130

Stax

AUGUST 20, 2024

This has led to an increased need for security measures to protect both merchants and customers. One solution to counter this problem is 3D Secure Authentication. 3D Secure is a fraud prevention solution with an added layer of security that helps protect buyers and merchants from fraudulent online transactions.

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

VISTA InfoSec

DECEMBER 19, 2024

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides secure and reliable communication networks for over 11500 connected financial institutions to facilitate cross-border payments and securities transactions. What is SWIFT CSP, and why it was introduced?

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

Seon

JUNE 15, 2023

Business email compromise (BEC) attacks can be a major risk to businesses’ finances and reputations. Let’s look at what business email compromise attacks are and explore some of the many ways you can combat them. What Is a Business Email Compromise Attack? Reported losses in 2020 exceeded $4.2

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

Segpay

DECEMBER 13, 2024

Traditionally, organizations have employed a range of methods for identity verification, from passwords to multi-factor authentication (MFA) and, increasingly, biometric solutions. If a breach occurs, identity data, once compromised, is hard to restore.

Privacy 105

Privacy Compliance CCPA Authentication 105

VISTA InfoSec

APRIL 3, 2024

This article delves into common pitfalls that can undermine the security efforts of commercial enterprises. Out-of-Date Security Systems The rapid pace at which digital threats evolve demands an equally dynamic approach to cybersecurity. Let’s get started. Encrypted data remains safe from prying eyes both in transit and at rest.

Cybersecurity 130

Cybersecurity Encryption Breach Phishing 130

PYMNTS

JUNE 8, 2020

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or risk getting left behind. FIs therefore cannot afford to drag their feet on implementing open banking, but many may be concerned that third-party access to customer data will exacerbate security challenges.

Authentication 60

Authentication MFA Phishing Scams 60

PYMNTS

OCTOBER 21, 2020

Securing P2P apps as well as other financial accounts will require banks to upgrade their security protocols and customers to take their security more seriously,” per the Playbook. The ubiquity of these apps belies serious security concerns,” the Playbook states. Studies have found that using MFA can prevent more than 99.9

P2P 56

P2P Security MFA Financial Crimes 56

Fintech News

MARCH 25, 2024

However, this surge is being accompanied by a dramatic growth in mobile banking malware, as threat actors increasingly turn their focus on mobile banking applications for illicit financial gain, a new report by mobile security company Zimperium says. Hook is a type of malicious software specifically designed to target mobile banking apps.

Mobile Banking 119

Mobile Banking Online and Mobile Banking Identity Theft Credential 119

Segpay

NOVEMBER 26, 2024

Whether we are setting up a new bank account, making a purchase online, or accessing government services, confirming who we are in the virtual space is crucial to ensuring our security, the protection of our privacy, and the improvement of our user experience. The “2024 U.S. Traditional verification methods are time-consuming.

Verification 111

Verification Identity Theft Money Laundering Due Diligence 111

PYMNTS

JUNE 9, 2020

The surge in interest has challengers and other financial institutions (FIs) moving quickly to secure positions. SCA, MFA, All the Way. Meanwhile, the open banking ecosystem is healthy and growing – but security is a paramount concern during this time of massive transitions. percent ‘less likely to be compromised.’

AML 52

AML MFA Authentication Verification 52

PYMNTS

FEBRUARY 8, 2019

OneLogin Chief Technology Officer and Founder Thomas Pedersen recently told PYMNTS why overcoming corporate security’s password hurdles doesn’t come without its own headaches. ” The security challenges don’t stop there. In one tactic, Pedersen explained, hackers can take the top-500 weakest (i.e.,

Phishing 66

Phishing Credential Payment APIs and Integration MFA 66

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. Next-Level Payments Security. Foiling AP fraud may be tricky, but automation systems can bring payments security to the next level.”.

Scams 63

Scams Automation Phishing Email Compromise 63

Seon

SEPTEMBER 28, 2023

The entry point for fraudsters isn’t just a gap in security software but a gap in training. The answer is security awareness training. Speak with an Expert What Is Security Awareness Training? Security awareness training ensures people (often staff) lower their risk of falling victim to digital attacks.

Security 52

Security Phishing Best Practices Data Breach 52

PYMNTS

JULY 13, 2020

This means banks need to carefully consider how to maximize their defense strategies while presenting minimal interruption to customers and enabling secure, smooth engagement. FIs have adopted numerous security methods as they seek to protect customers’ accounts from falling into the wrong hands with the right login details.

Credential 58

Credential Bots Authentication Online and Mobile Banking 58

Basis Theory

OCTOBER 1, 2024

By outlining, defining, and enforcing standards for storing, processing, and transmitting cardholder data, the Payment Card Industry Security Standard (PCI DSS) gave organizations a security framework that brought trust and commerce to the internet. Findings of non-compliance or a recent security incident may shift your risk profile.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

EBizCharge

JULY 19, 2024

When it comes to processing payments, adhering to the Payment Card Industry (PCI) Standards is crucial to ensuring cardholder data is safe and secure. This article will explore five reasons why using PDF forms for payment collection doesn’t meet PCI DSS requirements, highlighting the risks and security gaps inherent in this method.

PCI DSS 52

PCI DSS Compliance Credit Cards Third-Party Service Provider 52

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. 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 Layer 1 – Cybersecurity Measures.

Cybersecurity 45

Cybersecurity Multi-Currency MFA ATM 45

Stax

JULY 9, 2024

EFT payments offer a high level of security compared to traditional payment methods. Regulatory and Compliance Issues with EFT Payments Regulatory and compliance issues surrounding EFT payments are critical for ensuring the security and integrity of electronic transactions. Are EFT Payments Safe?

Electronic Fund Transfer Act (EFTA) 88

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

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. 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 Layer 1 – Cybersecurity Measures.

Cybersecurity 40

Cybersecurity Multi-Currency MFA ATM 40

PYMNTS

SEPTEMBER 7, 2017

MN: We are a pioneer in applying behavioral analytics in the fraud and security space. MN: As a security company, our main concern is how well our customers are protected against new financial [cybercrime] threats. This new dynamic requires different kinds of technology and products for monitoring and security purposes.

Same Day ACH 46

Same Day ACH Fraud Detection Innovation Fraud Prevention 46

VISTA InfoSec

JUNE 4, 2025

SWIFT, the global backbone for secure financial messaging, plays a critical role in enabling fast and reliable cross-border transactions. But as cyber threats grow more advanced, financial institutions must implement robust SWIFT security controls to safeguard their systems and prevent fraud. Internal Data Flow Security 2.2

SWIFT 130

SWIFT Security Best Practices PCI DSS 130

VISTA InfoSec

MAY 5, 2025

The SWIFT Customer Security Programme (CSP) is a security framework developed by SWIFT to improve the cyber security posture of financial institutions connected to its network. These controls are grouped under three key objectives: Secure Your Environment, Know and Limit Access, and Detect and Respond.

SWIFT 130

SWIFT Security Compliance MFA 130

Fintech News

MARCH 1, 2025

Cryptocurrency was built on the promise of financial autonomy, decentralisation, and security. billion in February shattered previous records, proving that even so-called “secure” cold wallets are not immune to attack. It led to increased scrutiny of bridge security and calls for enhanced protection measures.

Security 109

Security Phishing Breach Audit 109

The Payments Association

FEBRUARY 17, 2025

As AiTM fraud rises, businesses must adopt multi-layered security, biometric authentication, and user education to stay ahead of evolving threats. These techniques exploit system vulnerabilities, emphasising the need for strong security measures to protect sensitive data.

Phishing 88

Phishing Multifactor Authentication Authentication Credential 88

The Fintech Times

MAY 24, 2025

per cent of third-party breaches, with file transfer software and cloud platforms being the most frequent points of compromise. Application Security and DNS Health were the most common weaknesses, with 46.4 per cent of companies scoring lowest in application security. per cent earned an ‘A’ rating.

Cybersecurity 58

Cybersecurity FinTech Breach Third Party Vendors 58