VISTA InfoSec

MAY 12, 2024

While Type 1 assesses the design of controls at a specific point in time, Type 2 evaluates the effectiveness of these controls over a period, usually upto twelve months. This rigorous assessment involves thorough scrutiny by independent auditors to ensure that the controls are not only in place but also operating effectively.

PCI DSS 269

PCI DSS Compliance Security ISOs 269

VISTA InfoSec

MAY 24, 2024

It helps assess and mitigate security risks systematically by identifying vulnerabilities and implementing controls to address them before they materialize. Assess the environment by identifying where and how cardholder data is stored, processed, or transmitted within your business operations. of PCI DSS. of PCI DSS.

PCI DSS 240

PCI DSS Small Business Assessments Compliance 240

Fintech Review

OCTOBER 16, 2024

This due diligence helps in assessing whether the high yield rates are likely to be maintained or are a temporary phenomenon. The post Yield Farming and Liquidity Mining: Assessing Risks and Rewards appeared first on Fintech Review.

Assessments 98

Assessments Risk Returns Audit 98

Finextra

NOVEMBER 20, 2024

ING has rolled out a new digtial tool that helps businesses in The Netherlands more accurately assess the creditworthiness of their customers and suppliers.

Assessments 72

Assessments 72

VISTA InfoSec

MARCH 28, 2024

Adhering to compliance might involve appointing a data protection officer, conducting impact assessments for new projects, and understanding the rights of individuals regarding their data. Hence, understanding GDPR compliance and other data protection laws is essential in keeping you abreast of regulatory trends.

Data Breach 277

Data Breach Regulatory Compliance Breach Encryption 277

VISTA InfoSec

OCTOBER 21, 2024

Providing advice on and monitoring the performance of impact assessments related to data protection. Proficiency in assessing and managing data protection risks, including conducting Data Protection Impact Assessments (DPIAs). Working closely with the supervisory authority on processing-related matters.

CCPA 178

CCPA Privacy Assessments Laws 178

PCI Security Standards

SEPTEMBER 26, 2023

Below Peggy Nolan , PCIP, CISA, CEO, Payment Card Assessments provides a preview of her presentation on Speaking the Same Language as Your Assessor. Do not pass up the chance to collaborate and gain knowledge on the latest developments in payment security at the upcoming PCI SSC Community Meetings.

Assessments 190

Assessments Payment Security Security Payments 190

Payments Dive

MAY 2, 2024

The payments processor plans to finish an assessment of operations in the next few months, aiming to streamline its business and pare units it can’t scale.

Global Payments 146

Global Payments Processors Assessments Payments 146

VISTA InfoSec

APRIL 28, 2024

Compliance with PCI DSS requirements is typically validated through assessments and audits conducted by Payment Card Industry qualified security assessors ( PCI QSAs) or Payment Card Industry self-assessment questionnaires ( PCI SAQs) depending on the merchant level and the volume of card transactions processed. 5/5 - (2 votes)

PCI DSS 130

PCI DSS Compliance Assessments Data Breach 130

VISTA InfoSec

JUNE 18, 2024

Conduct A Vulnerability Assessment Imagine your business as your house, but instead of gold jewelry, you have customer information and secret formulas on the computer. These cracks leave your fortress exposed. Vulnerability assessment allows you to understand your weaknesses before attackers exploit them. Outdated software?

Data Security 254

Data Security Security Encryption Cybersecurity 254

VISTA InfoSec

OCTOBER 21, 2024

ICT Risk Management The first pillar of the DORA ICT risk management implies that financial entities must implement strong risk management frameworks to identify, assess, and mitigate risks related to Information and Communication Technology (ICT). This ensures that systems can withstand and recover from disruptions.

Compliance 152

Compliance Third-Party Service Provider Risk Assessment Audit 152

VISTA InfoSec

MARCH 6, 2024

assessment, understanding these changes to Requirement 10 will help you strategize your implementation approach. Other Logs Review "periodically" based on the company's risk assessment Periodic review is still required but now explicitly mentioned in Requirement 10.4.2 Maintains the risk assessment step. assessment.

PCI DSS 130

PCI DSS Procedures Best Practices Risk Assessment 130

Fintech Finance

OCTOBER 24, 2024

Set to go live in early 2025, this premiere payments solution will integrate Plaid’s instant account verification (IAV) and network-powered risk assessment capabilities into Dwolla’s pay by bank platform.

Risk Assessment 109

Risk Assessment Payment APIs and Integration Verification Assessments 109

Fintech News

DECEMBER 12, 2023

Credit rating agency S&P Global Ratings has unveiled its new stablecoin stability assessment service, designed to evaluate their capability in maintaining a stable value in comparison to traditional fiat currencies. The assessment methodology employed by S&P Global Ratings is thorough and multifaceted.

Stablecoins 118

Stablecoins Assessments Risk Assessment Risk 118

PCI Security Standards

JULY 10, 2024

The PCI Data Security Standard (PCI DSS) has long included requirements for external vulnerability scans conducted by PCI Approved Scanning Vendors (ASVs), and these requirements have also been included in prior versions of some Self-Assessment Questionnaires (SAQs). For PCI DSS v4.x,

PCI DSS 132

PCI DSS Breach Assessments Data Security 132

VISTA InfoSec

MARCH 5, 2024

Now is the time for organizations to re-evaluate their physical security strategies, conduct updated risk assessments, and refine their protection processes to align with these enhanced standards. certifications too right from scoping to Readiness Assessment, Advisory and Final Certification. We have completed multiple PCI DSS 4.0

PCI DSS 147

PCI DSS Procedures Assessments Checks 147

Fintech Weekly

DECEMBER 6, 2023

For instance, many discussions around emerging payment technologies ease assessment across various PCI standards, as well as conversations about the challenges businesses and assessors face in implementing ongoing changes to the standards regarding the auditing of systems.

PCI DSS 147

PCI DSS Addressing Audit Data Security 147

Fintech Finance

DECEMBER 5, 2024

TreviPay , the most-trusted B2B payments and invoicing network, today announced it has been named a Major Player in the IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 Vendor Assessment 1. The evaluation assesses vendors in two primary categories: strategies and capabilities.

Automation 98

Automation Payment APIs and Integration Accounts Assessments 98

Fintech News

JUNE 23, 2024

Singapore has released its updated Money Laundering (ML) National Risk Assessment (NRA) , highlighting increased risks in the digital payment token (DPT) services sector. The updated assessment highlights increased risks due to economic and geopolitical shifts, as well as the rise in technology-enabled transactions.

Money Laundering 109

Money Laundering Risk Crime Law Enforcement 109

VISTA InfoSec

NOVEMBER 9, 2023

In the world of digital transactions, businesses handling payment cards must demonstrate their data security measures through the Payment Card Industry Self-Assessment Questionnaire (PCI SAQ). Completing the SAQ is a key step in the PCI DSS assessment process, followed by an Attestation of Compliance (AoC) to confirm accuracy.

PCI DSS 130

PCI DSS Assessments Compliance Credit Cards 130

PCI Security Standards

JULY 9, 2024

A QSA company is a data security firm certified by the Council to perform on-site assessments of a company's PCI Data Security Standard compliance. I'm Alicia Malone, Senior Manager of Public Relations for the PCI Security Standards Council. In this episode, we'll meet three Qualified Security Assessors, or QSAs.

Security 115

Security Procedures Data Security Assessments 115

VISTA InfoSec

JUNE 19, 2024

Best Practices for Securing Video Communication Choose the Right Platform When evaluating different platforms, assess their security features comprehensively. The impact can be devastating, leading to significant financial losses, operational disruptions, and reputational damage.

Risk 275

Risk Ransomware Phishing MFA 275

The Payments Association

APRIL 24, 2024

The 2024 assessment reveals evolving financial crime trends, including AI fraud and social media exploitation, providing crucial insights for payment firms to fortify consumer trust and operational security. Read more

Financial Crimes 100

Financial Crimes Crime Assessments AI 100

Fintech News

MAY 29, 2024

Singapore has released an Environmental Crimes Money Laundering National Risk Assessment (NRA), highlighting the primary threats and vulnerabilities associated with it. Financial institutions and DNFBPs are advised to use the findings to assess and enhance their own risk controls.

Money Laundering 111

Money Laundering Crime Risk Law Enforcement 111

The Fintech Times

APRIL 15, 2024

“By analysing big data and rapidly assessing risks, AI empowers financial companies to make well-informed decisions. However, a significant revolution lies ahead – the personalisation of services based on individual user assessments. “Finally, AI is reducing risk in the embedded insurance space.

Embedded Finance 134

Embedded Finance AI Finance Assessments 134

Fintech News

DECEMBER 5, 2024

SCB is now collaborating with Thai regulators to assess the pilot program’s success and secure approval for a broader rollout of the stablecoin wallet. This was enabled through Rubie , a baht stablecoin wallet developed by Siam Commercial Bank (SCB) in collaboration with Base. Stablecoins also address financial inclusion challenges.

Stablecoins 135

Stablecoins Cross-Border Payments Cross-Border Blockchain 135

Fintech News

APRIL 16, 2024

This collaboration aims to introduce AI-led credit risk management to KBZ Bank, enhancing its ability to assess creditworthiness across retail and SME products with greater accuracy and efficiency.

Credit Risk 117

Credit Risk Risk Management Assessments AI 117

VISTA InfoSec

OCTOBER 21, 2024

Powering down the device if it’s showing signs of significant compromise, but only after assessing if it’s safe to do so. These professionals can conduct a thorough risk assessment, identify vulnerabilities, and implement appropriate incident response measures. Documenting any suspicious activity or messages seen prior to isolation.

Security 130

Security Phishing Ransomware Risk Assessment 130

Fintech News

MAY 8, 2024

New measures that will take effect this year include mandatory risk-awareness assessments for customers, bans on trading incentives, and restrictions on providing credit for cryptocurrency transactions. In November last year, MAS had also approved stablecoin issuance aligned with its proposed regulatory framework.

Addressing 113

Addressing Stablecoins Monetary Loss Cryptocurrency 113

Fintech News

JUNE 12, 2024

Key features of the platform include system-wide and institution-level views of financed emissions, consolidation of reported and modeled emissions from key counterparties, and mapping the geographical distribution of assets to assess transition risk exposure from changes in carbon pricing policies and physical hazards.

Authorization 109

Authorization Risk Assessments Central Bank 109

Fintech Finance

JUNE 20, 2024

Adyen , the global financial technology platform of choice for leading businesses, today was recognized as a Leader in the IDC MarketScape: Worldwide Retail Online Payment Platform Software Providers 2024 Vendor Assessment[1] and IDC MarketScape: Worldwide Retail Omni-channel Payment Platform Software Providers 2024 Vendor Assessment[2].

Payment APIs and Integration 96

Payment APIs and Integration Assessments Payments FinTech 96

Fintech Review

JUNE 12, 2024

We explore the innovations in personalised insurance products, the role of IoT devices in data collection and risk assessment, and the challenges faced by established insurance companies integrating new technologies. Enhanced Risk Assessment IoT data provides insurers with a more accurate understanding of risk profiles.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

Fintech News

MARCH 31, 2024

This balance ensures the protection of legitimate customers’ interests while empowering FIs to effectively assess and mitigate risks associated with financial crimes. It complements the industry’s existing close collaboration with MAS and law enforcement authorities to combat financial crime.

Financial Crimes 109

Financial Crimes Crime Money Laundering Law Enforcement 109