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What to Know About Tokenization

Basis Theory

Historically, data security has been treated as featureless and burdensome—but a necessary expense incurred by organizations. Today, we can tokenize anything from credit card primary account numbers (PAN) to one-time debit card transactions or social security numbers. The tokenization platform securely stores the sensitive data.

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Encryption vs. Tokenization for Banking and Payment Professionals

Fi911

Data protection is a top priority in banking and payment systems, where sensitive information such as cardholder details and personal data are frequently exchanged. The rapid rise in cybercrime and data breaches makes robust security frameworks indispensable for financial institutions. databases).

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Adyen and JCB launch Card-on-File Tokenization to Enhance Payment Security

Fintech Finance

announced the rollout of JCB’s card-on-file (COF) tokenization service (hereinafter “COF tokenization”), aimed at enhancing the security of credit card transactions for e-commerce merchants. In addition to reducing the risk of data breaches, tokenization offers increased convenience to customers.

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The AI Risk Equation: Delay vs Safety – Calculating the True Cost

Finextra

When the system generates outputs by writing code to extract database information, this transparency, or "explainable AI", approach allows you to verify the results and logic used to arrive at them. The average cost of a data breach reached $4.45 A practical approach is designing your AI to show its work.

AI
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Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

A data breach could ruin your business overnight. Are you prepared to deal with regulatory fines, lawsuits, costly investigations, disrupted operations, and destroyed trust while cybercriminals profit freely from stolen data? That’s the harsh aftermath companies face today following high-profile breaches.

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Advanced Data Security: Safeguarding Your Business In The Digital Age  

VISTA InfoSec

As cyber threats evolve, safeguarding your organization’s data has become an utmost priority. Whether you’re a small business owner, a corporate leader, or an Information and Communication Technology (ICT) specialist, the consequences of a data breach are severe and far-reaching.

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Unencrypted Vistaprint Database Exposed Personal Customer Data

PYMNTS

Printing company Vistaprint left an online database containing customer interactions unencrypted, according to a report. A security researcher named Oliver Hough discovered the unprotected database on Nov. After the report was published, the company quietly took down the database.