Basis Theory

NOVEMBER 12, 2024

Today, we can tokenize anything from credit card primary account numbers (PAN) to one-time debit card transactions or social security numbers. Both are used to mask sensitive payment data, but they do this in different ways and via different partners. credit card or social security numbers).

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

VISTA InfoSec

FEBRUARY 25, 2024

Virtually every industry faces data breach risks today as sensitive information gets digitized and networked across cloud platforms. But some data types see higher breach rates than others. For customers exposed to breaches, identity theft risks skyrocket, leading to bank/credit card fraud plus medical/tax/employment fraud.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

Stax

NOVEMBER 6, 2023

Payment tokenization is a subset of data tokenization where tokens replace confidential payment data such as customer credit card information. With payment tokenization, the actual credit card data isn’t stored thereby making digital payment transactions more secure.

Encryption 88

Encryption PCI DSS Data Security Origination 88

PYMNTS

JANUARY 27, 2017

It’s shocking that a company of Yahoo’s size and long history could fall prey to such attacks and that there were no countermeasures, such as data encryption, in place to prevent them.”. Social Security numbers were exposed in more than half of all breaches last year. million combined cards in health care.

Data Breach 71

Data Breach Breach Security Risk 71

Stax

SEPTEMBER 17, 2024

You can schedule the monthly mortgage payment through your bank on a set schedule instead of manually logging into your lender’s online portal, using your credit card, or sending a check by mail every time a payment is due. They are regulated and protected by various financial industry standards and government regulations.

Wire Transfer 88

Wire Transfer Wires Wire ACH 88

EBizCharge

OCTOBER 25, 2023

An incident is only considered a data breach if the confidentiality of data is compromised. Sensitive or confidential data can include customer data records, bank account numbers, Social Security numbers, healthcare information, intellectual property, etc.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

Segpay

JUNE 13, 2024

Invest in Network Infrastructure Here, you can adopt several strategies: Secure communication protocols Data encryption Regular penetration checking and a vulnerability assessment An incident response plan These strategies don’t come cheap but are necessary for financial services cybersecurity. Check on your accounts.

Best Practices 40

Best Practices Processors Transactions Security 40