Remove Data Breach Remove Disaster Recovery Remove Mitigation
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Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

The necessity of tokenisation in digital payments The traditional view of tokenisation as a fraud mitigation tool is outdated. It often goes unnoticed during regular operations but becomes a major operational challenge during business continuity or disaster recovery (DR) scenarios.

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HIPAA Disaster Recovery Planning

VISTA InfoSec

However, ePHI is vulnerable to threats like cyber attacks and natural disasters, making disaster recovery planning (DRP) vital. Healthcare organizations must implement HIPAA-compliant DRPs to protect ePHI, ensuring continued operation during disasters. Why Is Disaster Planning Important for Healthcare Organizations?

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6 Benefits of AI Insurance Claims Processing

Nanonets

#1: Increased Accuracy and Reduced Errors AI in insurance claims processing plays a pivotal role in enhancing accuracy and reducing errors by automating various tasks and mitigating the risks associated with manual processes. AI's ability to consistently enforce security measures helps prevent unauthorized access and data breaches.

AI
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Understanding Risk Management Strategies as a PayFac

Stax

Identity theft, data breaches, and chargeback fraud are some of the most common types of risks. To mitigate some of the financial risks, you can look into retaining a portion of the funds and creating reverse accounts. Review your risk mitigation and risk acceptance policies regularly and update them.

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Keeping Third-Party Risk First On The Cybersecurity (Risk) List

PYMNTS

All of this takes place against a backdrop where what was once spectacular acts of cybertheft have become commonplace, as seen in the brave new worlds of data breaches, which came just a few years ago with Target and Netflix. And yet, even as technology advances, one size does not fit all, the duo agreed.

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What is document digitization and how can it improve productivity?

Nanonets

In an era where data breaches can have severe consequences, digitizing documents can help mitigate the risk and potential financial losses associated with unauthorized access to sensitive information. Implement OCR and data extraction Leveraging OCR technology is crucial to unlocking the full potential of document digitization.

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FCA Authorisations: How are things changing? Are things improving?

Neopay

Risk management framework: Develop a robust risk management framework that identifies, assesses and mitigates key risks associated with your business operations. Provide a clear overview of your risk appetite and mitigation strategies to demonstrate a proactive approach to risk management.