EBizCharge

OCTOBER 25, 2023

According to Verizon’s 2023 Data Breach Investigations Report , 74% of all breaches involve a human element, whether it’s due to error, misuse of privileges, the use of stolen credentials, or through social engineering. With roughly 30,000 data breach attacks happening daily, these threats may seem unavoidable.

Best Practices 52

Best Practices Data Breach Breach Phishing 52

Segpay

JUNE 13, 2024

In this post, we’ll discuss the best practices for businesses and customers to secure online payment against cyber attacks. 340,000 people lost personal and financial data. Best Practices for Securing Financial Transactions What can businesses and consumers do to ensure secure payment processing in this digital Wild West?

Best Practices 40

Best Practices Processors Transactions Security 40

VISTA InfoSec

FEBRUARY 25, 2024

Best Practices For Prevention Ultimately, consistent vigilance and proactive security safeguards offer the best breach protections. Secure Passwords Enforce complex password requirements, password manager usage, frequent rotation policies, and supporting infrastructure across all accounts with access to sensitive data.

Data Breach 223

Data Breach Breach Multifactor Authentication Cybersecurity 223

Core

MARCH 19, 2024

Manual payment processing typically lacks sufficient controls when it comes to documentation or audit trails, making it challenging to detect fraudulent transactions. Reliance on Manual Processes Many local governments still rely on manual payment processes, which are prone to human error even without intentional manipulation.

Fraud Detection 52

Fraud Detection Governance Government Compliance 52

Nanonets

APRIL 23, 2024

Audit Trail : NetSuite's account reconciliation module maintains a detailed audit trail of all reconciliation activities, including user actions, transaction changes, and approval history. Ensure that they understand the system's functionality, processes, and best practices for reconciliation.

Reconciliation 52

Reconciliation Accounts Multi-Currency Audit 52

Stax

JULY 16, 2024

However, in 2004, these companies came together to set up best practices to ensure data security for rising digital payments globally. PCI DSS is a set of protocols to be followed by companies that store, process, and transmit cardholder data.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

Nanonets

NOVEMBER 15, 2023

Automate reporting and audit trails With paper-based systems, these tasks often require more time and effort. You'd have to sift through stacks of invoices, receipts, and other documents, manually entering and cross-referencing data to generate reports. This way, you can focus more on strategy and less on manual data entry.

Accounts 52

Accounts Payment APIs and Integration Audit Automation 52