Stax

MARCH 4, 2024

Taking precautions to implement security measures like firewalls and cybersecurity training helps to protect cardholder data and other sensitive information from cybercriminals. It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place.

PCI DSS

Segpay

DECEMBER 13, 2024

The Intersection of Data Privacy and Identity Management Source: ID Management Institute Identity management helps authenticate users and makes sure that only authorized individuals can access certain information. Implementing multi-factor authentication (MFA) for internal data access can add an extra layer of security for data handling.

Privacy

Segpay

NOVEMBER 26, 2024

These platforms often rely on a combination of multi-factor authentication (MFA), which may include passwords, biometric verification (e.g., Blockchain’s decentralized nature helps reduce the risk of identity theft and data breaches, offering a promising future for secure, tamper-proof digital identity verification in payments.

Verification

PYMNTS

FEBRUARY 8, 2019

IBM data said the average cost of a data breach is $3.86 Rising frustrations with passwords have churned up excitement over sophisticated technologies, like biometrics, to safeguard data. . “We have a lot of customers not even employing MFA. million, with U.S. How can you not do that?

Phishing

VISTA InfoSec

JULY 31, 2023

Conduct Periodic Evaluations of Your Configuration Guidelines : Regularly review your configuration rules and flowcharts, at least every six months, to ensure they continue to meet your business needs. Segregation of Networks: This involves isolating the cardholder data environment (CDE) from the rest of the business’s network.

PCI DSS

Stax

SEPTEMBER 17, 2024

While the news may bring breaking headlines about stolen or lost data from large corporations, every business can take the steps necessary to secure sensitive data. TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. So how can your business stay PCI compliant?

Credit Cards

PYMNTS

JULY 13, 2020

The malicious programs can work continuously and rapidly, which boosts the possibility that they will eventually hit the correct combinations. A more focused ATO attack type is known as credential stuffing , which is typically conducted by hackers who possess customer login details that have been exposed in data breaches.

Credential

Seon

SEPTEMBER 28, 2023

Verizon Business estimates that 74% of data breaches are down to individuals being absent-minded or tricked by social engineering attacks such as phishing emails. The Importance of Security Awareness Training The fact that so many data breaches occur due to human error highlights the importance of security awareness training.

Security

Stax

JULY 9, 2024

Since this trend continues to gain traction, many small businesses are also implementing this option for their customers. This payment method is convenient and continues to be a growing trend, especially among younger demographics. This ensures that even if data is intercepted, it cannot be read or used by unauthorized parties.

Electronic Fund Transfer Act (EFTA)

Basis Theory

OCTOBER 1, 2024

Failure to meet these standards could result in fines or bans as a merchant or service, rendering you unable to process payments or send payment data with the major networks. Nearly 20 years later, with more than 300 requirements and sub-requirements, PCI DSS continues evolving. The fines range from $50 to $90 per cardholder.

PCI DSS

EBizCharge

AUGUST 8, 2024

Its commitment to innovation means continuous enhancements in payment functionalities that align with evolving business needs and customer expectations. Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data.

Processors

PYMNTS

NOVEMBER 9, 2017

I don’t think Alexa is road-ready for true voice biometric determination for an MFA [multi-factor authentication], even in-home,” IntraNext CEO Patrick Brown told Karen Webster in a recent interview. The executive said IntraNext isn’t fielding as many questions following the Equifax data breach as might be expected.

Authentication

Nanonets

SEPTEMBER 25, 2024

Ensure compatibility with multiple statement formats for seamless integration (applies to template-based data extraction tools). Monitor extraction accuracy and implement feedback loops to improve the process continuously. Reconciliation This step involves matching the extracted data with the company’s internal records.

Process

PYMNTS

SEPTEMBER 6, 2019

The number of facilities looking for alternatives has doubled since 2018, with 17 percent utilizing MFA to better protect against fraud. This type of MFA will combine certain KBA elements, such as usernames, with alternate authentication measures that are harder to obtain in data breaches.

MFA

VISTA InfoSec

MAY 5, 2025

Implement security controls Deploy required cybersecurity measures like multi-factor authentication (MFA), data encryption, and segregation of duties. Update internal security policies that need to be updated to meet SWIFT CSP standards and set up continuous security monitoring. The Solution: Tackle the challenge step by step.

SWIFT

Segpay

DECEMBER 19, 2024

Identity as a Service, Key to Seamless Digital Transformation As the world continues to digitalize, the need for secure, and scalable identity management systems becomes critical. Benefits of Adopting IDaaS Solutions Enhanced Security One of the primary benefits of IDaaS is the enhanced security it provides.

Verification