VISTA InfoSec

OCTOBER 21, 2024

Change Management: Develop a change management strategy to address any resistance or concerns from your team. To mitigate these risks, it’s essential to implement strong cybersecurity measures during the transition to CCaaS. This can help foster a positive attitude toward the new system and ease the transition.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

EBizCharge

MARCH 18, 2025

So, it’s crucial to monitor and address any security issues that may arise. Merchants must address any security challenges associated with credit card processing to protect customer data and prevent fraud. Its important to remember that, as with any form of payment processing, security is paramount.

Credit Cards 52

Credit Cards Process Security Data Breach 52

VISTA InfoSec

DECEMBER 19, 2024

Regularly patch and update software to address known vulnerabilities. Use multi-factor authentication (MFA) for SWIFT interfaces and applications. Test the IRP periodically to ensure its effectiveness in mitigating cyber incidents. b) Physical Security: Restrict physical access to SWIFT-connected infrastructure.

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

PYMNTS

NOVEMBER 17, 2020

The following Deep Dive explores how robust digital identity practices can help mitigate both of these problems. Leveraging advanced digital ID solutions could be the answer to both reducing onboarding frictions and mitigating SIM swap fraud risks. How Onboarding Harshens The New Phone Buzz.

Multifactor Authentication 107

Multifactor Authentication Online and Mobile Banking Checks MFA 107

Stax

MARCH 4, 2024

Multi-factor authentication (MFA) adds additional layers of security by requiring additional verification during the transaction process. Many people use MFA when making purchases through Apple Pay, for example, using Face ID or a passcode to complete a purchase. What is SSL/TLS? Q: What is the most secure online payment method?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

The Payments Association

OCTOBER 22, 2024

Further, it is unclear whether the rules address the complexities and evolving fraud tactics. Benefits vs. concerns of the new regulations The PSR’s new rules are a critical step in addressing this crisis. To effectively mitigate and detect APP fraud, financial institutions should adopt a multi-layered strategy to fight AI with AI.

Rules 88

Rules Fraud Prevention Caps Deepfake 88

Fi911

JANUARY 18, 2024

Multi-Factor Authentication (MFA) Implementing MFA for customer authentication can significantly enhance security. They should also have a robust response plan in place to investigate and address reported cases of third-party fraud swiftly.

Account Takeovers 93

Account Takeovers MFA Fraud Detection Credit Cards 93

Fintech News

MAY 20, 2024

The webinar will address the underutilization of transactional data by banks and its potential to drive customer engagement, increase customer lifetime value, and enhance business impact. However, when this demand slips through gaps in the customer journey, it not only results in lost revenue but also impacts productivity.

FinTech 135

FinTech Embedded Finance BNPL AI 135

VISTA InfoSec

NOVEMBER 12, 2024

System and application security : SaaS providers must develop and maintain secure applications, which include regular code reviews, vulnerability scanning, and penetration testing to catch and address security weaknesses ( Requirements 6.1 Keeping software up to date is important to protect against emerging threats ( Requirement 6.2 ).

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

System and application security : SaaS providers must develop and maintain secure applications, which include regular code reviews, vulnerability scanning, and penetration testing to catch and address security weaknesses ( Requirements 6.1 Keeping software up to date is important to protect against emerging threats ( Requirement 6.2 ).

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

Seon

JUNE 15, 2023

It’s worth noting here that you can always act on your initial suspicions by running a quick email lookup against an address associated with a dubious message. Check out SEON’s address lookup widget below to see this approach in action. This means many instances of BEC can be prevented by mitigating human error through staff training.

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

VISTA InfoSec

JULY 31, 2023

It is then up to the business to engage a consultant or take other appropriate measures to address the areas of non-compliance. Assign Risk Rankings : Newly discovered security vulnerabilities should be assigned a risk ranking of “high,” “medium,” or “low,” and appropriate mitigation measures should be prioritized accordingly.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

VISTA InfoSec

JANUARY 9, 2024

This change accommodates a broader spectrum of technologies that meet the security objectives traditionally addressed by firewalls. This will encompass all technologies categorized under Network Security Controls, including but not limited to WAF, IPS/IDS, DAM, DLP, PIM/PAM, MFA, and so on. PCI DSS v3.2.1 PCI DSS v4.0

PCI DSS 113

PCI DSS Procedures Authorization Security 113

Global Fintech & Digital Assets

DECEMBER 11, 2023

Covered entities’ incident response plans must also expressly address procedures for recovery from backups, root cause analysis, evaluation of business impact, and prevention of recurrence of incidents. Penalties for noncompliance may vary, and an extensive list of considerations and mitigating factors are provided.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

FICO

SEPTEMBER 17, 2018

These attacks emphasize the need for layered fraud defences and controls that effectively mitigate such risks going forward. This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. As the adage says: “There is no silver bullet!”. Layered Fraud Defences. Layer 2 – Authentication.

Cybersecurity 45

Cybersecurity Multi-Currency MFA ATM 45

FICO

SEPTEMBER 19, 2018

These attacks emphasize the need for layered fraud defences and controls that effectively mitigate such risks going forward. This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. As the adage says: “There is no silver bullet!”. Layered Fraud Defences. Layer 2 – Authentication.

Cybersecurity 40

Cybersecurity Multi-Currency MFA ATM 40

Stax

SEPTEMBER 17, 2024

To mitigate this risk, all transmission of cardholder data must be encrypted using strong cryptographic protocols such as TLS (Transport Layer Security) or IPsec (Internet Protocol Security). Organizations must develop and maintain secure systems and applications by implementing a process for identifying and addressing vulnerabilities.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

The Payments Association

DECEMBER 10, 2024

It highlights the urgent need for payments firms to address AI-driven fraud to protect financial security, maintain customer trust, and comply with regulations. The article explores the growing threat of AI-enabled fraud in the payments sector and how firms can combat it with advanced technologies. Why is it important? What’s next?

AI 88

AI Fraud Detection Deepfake Fraud Prevention 88

EBizCharge

FEBRUARY 13, 2025

Trustworthy providers will also secure your payment processing system with multi-factor authentication (MFA) or two-factor authentication (2FA), real-time authentication monitoring, 3D Secure, and more.

Processors 52

Processors Payment Gateways Duplicate Disputes 52