Remove Continuity Remove Cybersecurity Remove Data Breach
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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. Source – credit card debt statistics 2025 and Australian debit card statistics ) As digital transactions continue to grow, so do the challenges of protecting sensitive customer data.

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Cyber Threats Surge in India’s Financial Sector

Fintech News

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. In India, that amount stood at US$2.35

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Finastra Confirms Breach Amid Hacker’s 400GB Data Theft Claim

Fintech News

Finastra, a major financial software provider that serves many of the world’s leading banks, is grappling with a data breach. The company confirmed the incident to TechCrunch following a hacker’s claim of compromising Finastra ‘s internal file-transfer platform and subsequent attempts to sell the stolen data.

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Artem Lyashanov: a close look on DORA provisions, EU and Ukrainian experience

Fintech Review

Since January 2024, this regulatory framework has been preparing (and now requires) participants in the financial services market to be more reliable in cybersecurity. trillion, and the annual IBM Cost of Data Breach Report claims that one such penetration “costs” the affected business around $4.45

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The rise of generative AI in payment security: A double-edged sword for data privacy

The Payments Association

It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. Firms must adopt transparent AI practices, enhance regulatory frameworks, and continuously train models to navigate the evolving landscape of AI-driven threats. What’s next?

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Beyond the Firewall: Rethinking Payment Data Security

Finextra

Payment details often reside in multiple locations across an organisation — from shared folders to manual payment files — making it hard to track who has access, where data is stored, and how it’s being used. The original bank data stays protected, while the business uses the token for processing payments as if it were the real thing.

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Open banking survey 2025: Insights from 500 UK SMEs

The Payments Association

Mark McMurtie Ambassador, TPA “Recent cybersecurity attacks and data breaches in the retail industry reinforce the need for a more robust and secure retail ecosystem. Regulatory encouragement and fintech excitement alone are not sufficient.”