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How PCI DSS Compliance Protects Australian Businesses from Data Breaches?

VISTA InfoSec

Maintaining an information security policy: Establishing a documented security strategy. Through multi-factor authentication (MFA) and role-based access controls, businesses can limit exposure to potential breaches by restricting access based on job responsibilities. The latest version PCI DSS v.4.0

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Credit Card Processing for Small Business: Everything You Need to Know

Stax

However, other industry best practices apart from PCI compliance are also expected from a quality payment processor and they include: Multifactor authentication: MFA practices help to prevent unauthorized access to sensitive information by adding an extra layer of identity confirmation before the user is allowed to view the relevant data.

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PCI DSS 4.0

Cardfellow

With the Customized Approach, a businesss in-house team can analyze the requirements and the intent behind them, implement equivalent (or better) security, and provide their own documentation with an assessor to prove effectiveness. Required Multi-Factor Authentication (MFA) Version 4.0 This is part of the 4.0

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The Ultimate Guide to Salesforce Payments

EBizCharge

Additionally, integrating with PCI-compliant payment solutions and enabling multi-factor authentication (MFA) adds an extra layer of security, helping businesses meet compliance requirements and safeguard customer payment data.

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Quicken vs QuickBooks: Which is Best for Small Businesses?

Stax

QuickBooks also offers multi-factor authentication (MFA) for added protection. It uses advanced encryption protocols to ensure that all information transmitted between devices and the cloud is secure.

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US Mobile Adopts Digital Identity Protocols To Protect Against SIM Swap Fraud

PYMNTS

Multifactor authentication (MFA) and biometric scans are quickly becoming the norm in numerous fields, including online accounts for banks and other businesses. Digital identity apps are quickly becoming ubiquitous as replacements or supplements to physical identity documents in many countries.

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FinCEN Files Show Banks’ ‘Whack-a-Mole’ Battle Against KYC/AML

PYMNTS

To that end, and as reported by BuzzFeed , documents submitted by banks to the U.S. The documents, officially known as suspicious activity reports (SARs for short) show that the banks had filed more than 2,000 reports across the past 17 years.

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