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How PCI DSS Compliance Protects Australian Businesses from Data Breaches?

VISTA InfoSec

million credit card users in Australia, along with 43.77 million actively issued debit cards? These figures reflect Australia’s heavy reliance on digital payments and card-based transactions for everyday purchases and online commerce. Did you know that there are approximately 12.52

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FTC: Active Duty Troops 76 Pct More Likely To Report Identity Theft

PYMNTS

Active-duty service members are 76 percent more likely to report identity theft than most people, according to data from the Federal Trade Commission (FTC). The FTC reported in its newest Consumer Protection Data Spotlight that service members typically report misuse of their credit and debit card data. percent of the 3.2

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

VISTA InfoSec

Payment Information This encompasses full credit/debit card numbers, card verification codes, expiration dates, billing addresses, bank/routing account details, wire transfer logs, and other payment information. Forensics and recovery costs pile up fast while operations get disrupted for weeks investigating the breach.

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How fraudsters prey on children

Payments Source

More fraudsters are seeking out children for identity theft, highlighting another danger of the digital economy.

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Loan Company Employee Got $400K From Stolen Identities

PYMNTS

Huff then sold the information to her co-conspirator James Vernon Battle, who allegedly filed 335 fraudulent tax returns and claimed over $400,000 from the Internal Revenue Service (IRS) in the form of prepaid debit cards and U.S. The government alleges that the two co-conspirators worked together to get away with the tax returns.

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Consumers Embrace Debit Amid Ongoing Uncertainty

PYMNTS

When the chips are down, consumers love and trust their debit cards. Among clear COVID-era trends is the embrace of debit for managing and mastering new realities. Debit cards remain the payment method of choice among U.S. Consumers have clung to debit even as the rest of their shopping behaviors have changed.

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5 Benefits of ACH Payments Over Check Payments

Stax

They are an additional type of payment you can take along with debit card transactions and credit card payments from card networks like Mastercard, Visa, American Express, and Discover. Lower processing fees Compared to other payment methods like credit and debit cards, an ACH payment is far less expensive.

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