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Encryption vs. Tokenization for Banking and Payment Professionals

Fi911

The rapid rise in cybercrime and data breaches makes robust security frameworks indispensable for financial institutions. Two key technologies, Encryption and Tokenization, are at the forefront of safeguarding sensitive information. What Is Encryption? Faster and often employed for securing large volumes of data (e.g.,

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How PCI DSS Compliance Protects Australian Businesses from Data Breaches?

VISTA InfoSec

(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. This is where PCI DSS (Payment Card Industry Data Security Standard) compliance becomes essential for Australian businesses.

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Tencent and Visa Roll Out Palm Payment Trial in Singapore

Fintech News

Tencent, through its Singapore subsidiary Tencent SenseTech, ensures data localisation and offers technical support, prioritising data security and privacy compliance. The technology uses a dual-layer security approach that combines palm print and vein recognition, providing accuracy even in challenging lighting.

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If encryption keys are vulnerable, so is the point of sale

Payments Source

million from the banking division of the country's post office more than a year ago, it served as a stark reminder that encryption doesn't mean a thing if the key is left unprotected. When South African investigators last week revealed that fraudsters stole more than $3.2

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‘Serenity’ and ‘IDEMIA Secure Transactions’ Launch sAxess Biometric Card for Enhanced Digital Security and Data Recovery

Fintech Finance

This goes beyond current methods of managing sensitive information for individuals and organizations, ensuring data recovery without compromising privacy. “We The launch of sAxess represents a seismic shift in how we approach data security and digital asset management,” said Farsh Fallah, COO of Serenity.

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

VISTA InfoSec

Secure Passwords Enforce complex password requirements, password manager usage, frequent rotation policies, and supporting infrastructure across all accounts with access to sensitive data. Conduct audits periodically post-partnership. Partner with cybersecurity experts and put proven best practices into action this quarter.

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The Holy Grail Of Data Security: Why This Encryption Technique Could Transform Cybersecurity

CB Insights

For companies, the holy grail of data security is being able to operate on encrypted data without compromising its security. Want the full expert post? The post The Holy Grail Of Data Security: Why This Encryption Technique Could Transform Cybersecurity appeared first on CB Insights Research.