EBizCharge

OCTOBER 25, 2023

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. According to the 2023 IBM Data Breach Report , the global average cost of data breaches was $4.45 What are data breaches?

Data Breach 52

Data Breach Best Practices Breach Phishing 52

Stax

FEBRUARY 19, 2025

Security & compliance Security is a top priority, especially when dealing with sensitive customer data. When selecting an ISV partner, businesses should verify: Data encryption standards to prevent breaches. Compliance with industry regulations , such as GDPR for data protection or PCI DSS for payment security.

ISVS 88

ISVS Payment APIs and Integration API Best Practices 88

VISTA InfoSec

JANUARY 22, 2024

It boils down to minimizing the risk of data breaches and maximizing the security of cardholder information. This is achieved through a multi-pronged approach: Data Encryption: Requirement 3 mandates the use of strong cryptographic controls such as encryption for stored cardholder data.

PCI DSS 100

PCI DSS Encryption Procedures Authorization 100

Basis Theory

OCTOBER 1, 2024

On the other hand, organizations with Levels 2, 3, or 4 use Self-Assessment Questionnaires (SAQs) to audit their compliance program. and assessments, significantly eliminating prep efforts and reducing audit timelines (to as little as 21 days.) Return to Top Who needs to be PCI compliant? The fines range from $50 to $90 per cardholder.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Exact Payments

JULY 1, 2024

By Jeremy Smillie, VP of DevSecOps at Exact Payments In an era where data breaches are not just threats but realities, protecting Personally Identifiable Information (PII) is more crucial than ever. At Exact Payments, we understand the magnitude of the responsibility of handling such sensitive data.

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

Stax

JULY 16, 2024

According to PCI DSS, any organization that transmits, stores, or processes cardholder data must use encryption or tokenization tools to protect data. Apart from monitoring, your business must also track user activity and maintain audit logs. These logs should be of high quality and maintained well.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

FloQast

MAY 13, 2024

From automated bookkeeping and bank reconciliations to AI-driven tax preparation and audit processes, these new technologies enhance efficiency and accuracy and give accountants more time to focus on higher-level, more strategic work. This technology offers an immutable ledger, reducing fraud risks and ensuring a clear audit trail.

Accounts 52

Accounts Technology Cybersecurity Audit 52

EBizCharge

AUGUST 8, 2024

Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data. Encryption, fraud detection systems, and regular security audits protect business financial information and customer payment data.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

Segpay

JUNE 13, 2024

If you fail to fortify your defenses, your business will suffer a lot in the face of a successful breach. PCI DSS compliance sets industry requirements that safeguard payment card data using encryption, firewalls, and regular security audits. Verizon’s 2021 report found that 85% of breaches involved a human element.

Best Practices 40

Best Practices Processors Transactions Security 40

Nanonets

JULY 21, 2023

In addition to accelerating the reconciliation process, reconciliation software also enables an audit trail, significantly improving transparency and accountability. Once approved, the reconciled data is securely stored in a centralized database, ensuring an auditable trail.

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Audit 52

Segpay

MARCH 10, 2025

Tokenization & Encryption All sensitive payment data is encrypted and tokenized, reducing the risk of data breaches. Implement Strong Encryption Using SSL certificates and end-to-end encryption secures payment data during transactions, protecting it from cyber threats.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

The Payments Association

FEBRUARY 17, 2025

Data security: financial institutions should implement robust security measures to protect sensitive data from unauthorised access and breaches. Liability: businesses should establish clear liability frameworks for data breaches and other incidents.

Finance 88

Finance Innovation Payment APIs and Integration API 88

Segpay

DECEMBER 19, 2024

With growing concerns around data breaches, identity theft, and unauthorized access, organizations need to ensure that only authenticated users can access their systems and sensitive information. These adaptive security measures help mitigate potential breaches.

Verification 104

Verification Authentication MFA Compliance 104

Basis Theory

FEBRUARY 25, 2025

Using masked data in applications and databases is a great way to reduce your compliance footprint in your environment, but it doesnt eliminate the compliance obligations or security risks that come with storing the original value. Return to Top Is Encrypting Data the Same as Masking Data?

Encryption 100

Encryption Origination CCPA Returns 100