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How PCI DSS Compliance Protects Australian Businesses from Data Breaches?

VISTA InfoSec

Protecting cardholder data: Encrypting sensitive data during transmission. As cybercriminals continue to evolve their tactics, businesses must prioritize strong cybersecurity measures to mitigate these risks. Maintaining a vulnerability management program: Regularly updating anti-virus software and conducting vulnerability scans.

PCI DSS 165
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Cybertech: Securing the Foundations of Finance

Fintech Review

In the financial sector, it includes fraud detection, threat intelligence, data encryption, biometric verification, and risk monitoring. Cybertech helps mitigate these risks by securing each layer of the stack from device authentication to back-end systems. It also enables faster, safer innovation.

Finance 59
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What You Need to Know About Singapore’s Most Common Payment Fraud

Fintech News

Adopting multi-layered security protocols beyond two-factor authentication, such as tokenisation, encryption, and biometric authentication, can further strengthen security. For Businesses: Implementing AI and machine learning tools can analyse transaction data, detect suspicious patterns, and flag high-risk transactions before they occur.

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The rise of generative AI in payment security: A double-edged sword for data privacy

The Payments Association

Cohn believes regulation will impose stricter requirements for organisations to assess and mitigate the potential for algorithmic bias in AI-powered payment systems. Mitigating the risks: Best practices for firms One of the most important steps to mitigating the risks is ensuring AI transparency and explainability.

Privacy 88
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A Complete Guide to Securely Process Credit Cards in Sage 100

EBizCharge

PCI-compliant Sage 100 payment software providers must maintain strict security standards and enforce various measures, such as advanced encryption and tokenization, to safeguard sensitive payment data. By adhering to these standards, businesses can reduce data breach risks and maintain regulatory compliance.

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In Conversation With Emirates NBD: Embracing AI, Blockchain and Quantum for Digital Transformation

The Fintech Times

We have already started integrating post-quantum encryption standards to ensure our systems remain secure as these technologies evolve. Our focus is on responsible adoptionensuring transparency, mitigating bias in models, and continuously reviewing outcomes to maintain trust and control.

AI 91
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What Is a Clearinghouse and How Does It Facilitate Safe Transactions?

EBizCharge

Here are four main functions and purposes of clearinghouses: Risk mitigation: The clearinghouse aims to mitigate risk by ensuring each party fulfills its obligations to reduce the chances of a party defaulting. These clearinghouses provide stability and mitigate risk in futures markets.