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Understanding the Cyber Risks in Video Communication

VISTA InfoSec

Define who can create and manage meetings and establish procedures for sharing meeting links and passwords to control access. Additionally, conduct regular training sessions to educate staff on recognizing phishing attempts, the importance of using strong, unique passwords, and procedures for reporting suspicious activities.

Risk 277
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PCI DSS Requirement 3 – Changes from v3.2.1 to v4.0 Explained

VISTA InfoSec

Requirement and Testing Procedures 3.2.a a Review policies and interview staff at issuing entities to confirm justified storage of sensitive authentication data. b Inspect data storage and system setups at issuing entities to ensure sensitive authentication data security. Requirement and Testing Procedures 3.2.a

PCI DSS 100
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Banking Execs Must ‘Wake Up’ as Security Measures Fail to Keep Up With Biometric Fraud

The Fintech Times

Presentation or liveness attacks have surged 40 per cent this year, as malicious actors attempt to undermine video-based KYC procedures. Marcotte continued: “Banking KYC processes are still relying on ID card, face, and address verification – these procedures look neolithic against deepfakes and AI-powered identification fraud.

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A Complete Guide to Securely Process Credit Cards in Sage 100

EBizCharge

Role-based access and user authentication: A Sage 100 integration enhances security by enabling role-based access controls for payment data, ensuring only authorized users can process transactions or view sensitive information.

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KeyBank On Fighting APP Fraud During The COVID-19 Pandemic

PYMNTS

KeyBank’s strategy for fighting APP fraud is twofold, consisting of customer education and back-end authentication procedures. On the front end, we protect the front door through user authentication to make sure that the person sending the transaction is the correct individual and authorized to do so.

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How To Prevent Data Breaches: 15 Best Practices

EBizCharge

Therefore, businesses must secure their networks and systems to prevent unauthorized access by deploying strong encryption, setting up firewalls, ensuring accurate user authentication processes, and more. Using this knowledge to create and update your procedures to address new threats is essential.

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Scammers Leveraging ChatGPT to Commit Identity Theft: Is Better Data the Solution?

Fi911

Balance is Needed It is vital for businesses and financial institutions to calibrate the equilibrium between user authentication and transaction friction. This approach requires both an analytical procedure and a degree of finesse. This will ensure a seamless customer journey without compromising trust.