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What to Know About Tokenization

Basis Theory

Today, we can tokenize anything from credit card primary account numbers (PAN) to one-time debit card transactions or social security numbers. As a merchant, to understand tokenization for your own benefit, it’s critical to understand: What tokenization is, why it’s important for payments, and how it compares to encryption.

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Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

Accidental data leaks by insiders mishandling information also trigger breaches frequently. User Account Details Usernames, passwords, security questions, login timestamps, failed login attempt logs, password reset tokens, multifactor authentication details, and session IDs.

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Enhancing Data Security: How Exact Payments Protects Onboarding Data

Exact Payments

For cookie hijacking, HSTS enforces secure connections, protecting users from attackers who might steal sensitive cookies sent over insecure links. Cookies often contain session data that can authenticate a user to a website, and securing these is crucial to preventing identity theft.

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Hacker Tracker: Yahoo In Hot Water, Selfie Security Risks, US Data Breaches Surge

PYMNTS

It’s shocking that a company of Yahoo’s size and long history could fall prey to such attacks and that there were no countermeasures, such as data encryption, in place to prevent them.”. Social Security numbers were exposed in more than half of all breaches last year.

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What Is Data Tokenization and How Does It Work?

Stax

Moreover, companies need to follow data privacy and compliance requirements to stay in business. There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. Let’s get started. A token acts as a stand-in for a far more valuable object.

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Securing Financial Transactions: Best Practices Amidst Cyberattacks on Payment Processors

Segpay

Invest in Network Infrastructure Here, you can adopt several strategies: Secure communication protocols Data encryption Regular penetration checking and a vulnerability assessment An incident response plan These strategies don’t come cheap but are necessary for financial services cybersecurity. Personal information is personal.

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How To Prevent Data Breaches: 15 Best Practices

EBizCharge

An incident is only considered a data breach if the confidentiality of data is compromised. Sensitive or confidential data can include customer data records, bank account numbers, Social Security numbers, healthcare information, intellectual property, etc.