PYMNTS

JANUARY 12, 2020

For example, when one uses Google Autofill, a prompt to fill in the saved password simply appears without any kind of authentication that would only let the user log in. The move, according to Android Central , will attempt to address concerns that Google’s password protection has often been less secure than it could be.

Security 55

Security Authentication Credential Encryption 55

Stax

JULY 9, 2024

Encryption techniques ensure that payment data is transmitted securely between parties, making it difficult for unauthorized individuals to intercept or access sensitive information. Biometric authentication Biometrics can seem a bit daunting, but most people are already using this technology to open their phones dozens of times each day.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

EBizCharge

OCTOBER 25, 2023

Phishing attacks trick individuals into disclosing their login credentials or other sensitive information through deceptive emails or websites. Social engineering Social engineering can occur when attackers gain access to a system or network by convincing users to provide credentials.

Best Practices 52

Best Practices Data Breach Breach Phishing 52

Segpay

OCTOBER 17, 2024

This approach typically involves user-specific credentials and identity checks. Advanced authentication methods such as biometric age verification (e.g., How It Works Users must create accounts on websites or apps, providing personal information including their date of birth.

Verification 104

Verification Privacy Laws Compliance 104

VISTA InfoSec

NOVEMBER 7, 2023

Mutli-Factor Authentication (MFA) isn’t a new concept. What Is Multi-Factor Authentication? Let’s start with another simple definition – multi-factor authentication is any authentication method where more than one criterion has to be satisfied before access is granted to digital assets.

Authentication 130

Authentication MFA Cybersecurity Credential 130

The Fintech Times

MARCH 6, 2024

Thus, it’s vital to strike a balance between providing an excellent customer experience and ensuring confidence in transaction authentication and decisioning. Regulations, particularly those related to tokenisation, data localisation, strong customer authentication, and the EU, continue to be areas of our focus.

Digital Payments 64

Digital Payments Innovation Security Issuers 64

Exact Payments

JANUARY 4, 2024

Network hardware and software, like routers and firewalls, often come with pre-set credentials, making it easy for cybercriminals to breach your network’s security. Encryption and tokenization, the process of replacing sensitive data with a non-sensitive token, should be employed to ensure data security.

PCI DSS 52

PCI DSS Compliance Audit Encryption 52

Fintech News

APRIL 22, 2024

Phishing scams employ social engineering tactics to trick users into revealing login credentials, allowing attackers to hijack accounts. It analyses the authenticity of apps, and allows businesses to flag or block suspicious links or messages, preventing users from falling victim to these deceptive tactics.

Phishing 113

Phishing Security Blocks Cybersecurity 113

Fi911

JULY 8, 2024

Account Takeover Fraud Account takeover fraud involves cybercriminals gaining unauthorized access to a victim’s online account, often through the use of stolen login credentials or phishing schemes. Once they have control, fraudsters can make unauthorized transactions, change account details, and steal sensitive information.

Account Takeovers 87

Account Takeovers Fraud Detection Phishing Fraud Prevention 87

PYMNTS

SEPTEMBER 26, 2016

Authentication methods for payments networks, such as SWIFT, or P2P money transfer apps are still not completely secure. Even banks sending and receiving encrypted data must prove their identity to access the data, and some of these methods are weak.

Online and Mobile Banking 78

Online and Mobile Banking SWIFT Credential Central Bank 78

PYMNTS

APRIL 13, 2017

But the transition to stronger authentication measures has largely been uneven. For the most part, strong authentication measures have been largely leveraged by governments and a few major financial institutions, said Richard Parris, founder and CEO of Intercede , a U.K. Paris gave the timely example of U.K.

Authentication 40

Authentication Credential Law Enforcement Encryption 40

PYMNTS

SEPTEMBER 30, 2019

There are, of course, individuals who want to steal money, find financial information and steal credentials, he said. As he noted, North Korea, acting as a singular cyberthreat, will do what it can to gain access to and compromise the credentials of foreign organizations with money ­— and, in turn, gain access to that money, of course.

Cybersecurity 65

Cybersecurity Credential Encryption Phishing 65

PYMNTS

NOVEMBER 18, 2020

The company confirmed in the post that while its customer’s assets are secure, personal contact information and encrypted passwords might have been compromised in the attack. “We Liquid detected and contained the attack, which occurred Friday (Nov. 13), according to the post, and was able to “mitigate risk to customer accounts and assets.”

Bitcoin 60

Bitcoin Compromise Cryptocurrency NOV 60

PYMNTS

AUGUST 17, 2018

With this in mind, DadeSystems ’ mobile app protects sensitive data with user access and encryption features geared toward the corporate market. DadeSystems — as one of two authentication options — offers a single sign-on that allows employees to access its app with the same credentials they use for their corporate apps.

Encryption 40

Encryption Checks Credential API 40

PYMNTS

OCTOBER 16, 2017

PCI tokens, encrypted card credentials held in vaults by processors, have been part of payments for years. Today, he told PYMNTS’ Karen Webster, consumers who sign up for an account online are prompted to register their card credentials: account number, expiry and CVV. Tokens are nothing new. But version 2.0

Issuers 40

Issuers Credential Online and Mobile Banking Authentication 40

PYMNTS

FEBRUARY 13, 2020

DDLs stored on smartphones are protected by the phone’s encryption and their own anti-theft countermeasures, making digital ID potentially more secure than any other widely available form of identity verification. Digital driver’s license (DDL) programs are popping up in several U.S. Making Social Safe Again.

Verification 60

Verification Card Issuer Phishing Bots 60

PYMNTS

OCTOBER 26, 2016

I can’t tell my mom to go get a new maiden name,” Tinsley pointed out, emphasizing that, once that piece of authentication is compromised, there’s no going back. One piece of this more holistic picture is consumer presence as a factor of authentication, using biometrics, such as fingerprint, eyeball scan, etc., Going Beyond PCI.

Payment Security 81

Payment Security Security Identity Theft Compromise 81

Fintech Labs Insights

MAY 26, 2015

SayPay Technologies uses biometric authentication to give users an easy way to pay bills, checkout online, and log into their online banking website. At FinovateSpring 2015, the Pleasanton, CA-based startup announced a partnership with VoiceVault to leverage the biometric company’s ViGo product for voice authentication.

Authentication 27

Authentication Online and Mobile Banking Payment APIs and Integration Use Case 27

PYMNTS

JANUARY 27, 2020

Phishing attempts threaten many firms’ security operations, often tricking employees into revealing email addresses, login credentials, passwords or other sensitive details. Two-factor authentication (2FA) or encrypting sensitive data can also help. Fighting the Phishers. Ensuring Secure Workplace Practices.

Phishing 99

Phishing Data Breach Breach Fraud Prevention 99

PYMNTS

AUGUST 21, 2019

All data transmission should be encrypted from the start, and manufacturers should handle regular software patches and updates. The biggest concern among IoT adopters is creating strong user authentications (43 percent). And many don’t think the onus should be on the consumer. The Corporate Perspective. Consumer Perception.

Security 66

Security Data Breach Encryption Breach 66

PYMNTS

MARCH 29, 2019

Consider the ride-hailing firm that needs to verify the credentials of a would-be driver (in another country) before adding them to the roster. In reference to security features beyond biometrics, the company has employed public and private key encryptions, as well as blockchain. That’s not easy.

Verification 68

Verification Authentication Cross-Border Risk 68

CB Insights

JULY 20, 2017

These companies address fraud, network access privileges and the management of login credentials, and offer products and services related to authentication. Authentication: Duo Security provides a cloud-based, two-factor authentication. Authentication. Authentication. Credential Mgmt. Sub-Category.

Cybersecurity 30

Cybersecurity Security AML PCI DSS 30

VISTA InfoSec

JUNE 18, 2024

Implement a solid backup strategy to renew your operations after disruptive incidents like ransomware encryptions, hardware failures, or accidental deletions. Encrypt Sensitive Data Scrambling sensitive data into indecipherable code shields it from prying eyes, even if intercepted. Simplistic credentials are entry points for hackers.

Data Security 208

Data Security Security Encryption Cybersecurity 208

PYMNTS

DECEMBER 10, 2018

Encrypting card data creates a more secure online shopping experience. But tokens also create a more convenient online experience, since replacing lost, stolen or expired credentials can be done without the consumer having to physically intervene.

Credential 72

Credential Interoperability Security Checks 72

CB Insights

MARCH 27, 2019

Facebook, for example, disclosed that an unprecedented data breach in September 2018 exposed the social media accounts of up to 90M users — including login credentials — effectively compromising access to any site that lets users log in with their Facebook account. But the company is not alone. The Controversies. Confirm.io

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

PYMNTS

SEPTEMBER 30, 2016

The stolen information includes names, email addresses, telephone numbers, dates of birth, hashed passwords and, in some cases, encrypted or unencrypted security questions and answers. It’s believed that the data was actually compromised in late 2014 but that Yahoo CEO Marissa Mayer was not quick to disclose the information.

Security 76

Security Breach Data Breach Cybersecurity 76

National Merchants Association

JULY 8, 2022

In addition, digital wallets store credit/debit cardholder’s credentials within their mobile device, simplifying the transactional process. Also, mobile wallets often come with built-in security measures such as OTPs (one-time pins) and multi-factor authentication that provide these accounts with added layers of safety.

Debit Card 52

Debit Card Contactless Payments Transactions Security 52

National Merchants Association

JULY 8, 2022

In addition, digital wallets store credit/debit cardholder’s credentials within their mobile device, simplifying the transactional process. Also, mobile wallets often come with built-in security measures such as OTPs (one-time pins) and multi-factor authentication that provide these accounts with added layers of safety.

Debit Card 52

Debit Card Contactless Payments Transactions Security 52

National Merchants Association

JULY 8, 2022

In addition, digital wallets store credit/debit cardholder’s credentials within their mobile device, simplifying the transactional process. Also, mobile wallets often come with built-in security measures such as OTPs (one-time pins) and multi-factor authentication that provide these accounts with added layers of safety.

Debit Card 52

Debit Card Contactless Payments Transactions Security 52

PYMNTS

AUGUST 19, 2019

All data transmission should be encrypted from the get-go and manufacturers should handle regular software patches and updates. . iRobot seeks to prevent potential issues in which one hacked Roomba is leveraged to compromise others, and does so in part by giving each device a unique authentication for connecting to the company’s cloud.

Risk 51

Risk Security Compromise Credential 51

PYMNTS

APRIL 14, 2016

In some cases, like for the WeMo Switch, standard password protection security is done in by the fact that the device’s smartphone-based controller communicates without authentication and in plain text. While the password in question is encrypted, Bitdefender called the 128-bit AES algorithm used to secure it “easily breakable.”

Security 40

Security Ransomware Credential Encryption 40

PYMNTS

JANUARY 20, 2017

With hundreds of encrypting malware types available to cybercriminals today, the individuals perpetrating these malicious attacks are able to leverage various networks and applications to demonstrate their power and capabilities. ” CNP Frauds Shows No Signs Of Slowdown.

Phishing 45

Phishing Ransomware EMV CHIPS 45

Segpay

SEPTEMBER 24, 2024

For authentication, customers are redirected to their familiar online banking portal or mobile banking app. They can then log in using their online banking credentials, such as their username and password, or through biometric authentication (fingerprint, iris, etc.). The customer can select their preferred bank from that list.

Accounts 105

Accounts Online and Mobile Banking Payments Authentication 105

PYMNTS

MARCH 6, 2020

Oversight And Authentication. Companies that offer APIs must have authentication measures in place — such as those requiring legitimate users’ to present credentials, or “API keys” — before granting access to them. . This month’s Deep Dive examines how APIs can be exploited and how companies can combat attacks. .

API 52

API Authentication Security Payment APIs and Integration 52

Segpay

JUNE 25, 2024

Authentication : Customers are redirected to their familiar online banking portal or mobile banking app. They log in using their online banking credentials, such as their username and password, or through biometric authentication (fingerprint, iris, etc.). Most Austrian banks support EPS, which is widely accepted by merchants.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

EBizCharge

JUNE 4, 2024

This process typically involves entering the payment gateway’s credentials into Acumatica and defining the types of credit card transactions your business will manage. Adhering to PCI DSS and employing advanced security measures like encryption and role-based access helps mitigate the risk of fraud and ensure compliance.

Credit Cards 52

Credit Cards Process Payment Gateways Best Practices 52

Seon

JUNE 15, 2023

Despite its versatility, BEC invariably involves the misuse of compromised login credentials, with the aim of accessing sensitive information located in various business accounts (not just email inboxes – fraudsters also target intranet documents, HR records, and plenty of other sensitive archives). Let’s take a look at some of the key ones.

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52