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.

Data Security 266

Data Security Security Encryption Cybersecurity 266

Fintech News

NOVEMBER 13, 2024

Citing concerns about online fraud, which occurs at seven times the rate of in-store fraud, Mastercard proposes a system that relies on tokenisation and biometric authentication, such as fingerprints and facial recognition. With this shift we are protecting sensitive data through advanced encryption and tokenisation technologies.

Visa 97

Visa Authentication Issuers Encryption 97

Stax

MARCH 4, 2024

It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place. NFC payments, including digital wallets, are very secure, relying on encryption to mask the card number, further protecting cardholder information. What is SSL/TLS?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

VISTA InfoSec

FEBRUARY 25, 2024

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

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

VISTA InfoSec

JANUARY 22, 2024

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. Key Management: Requirement 3 also covers the secure management of cryptographic keys used for encryption of cardholder data. PCI DSS v4.0

PCI DSS 100

PCI DSS Encryption Procedures Authorization 100

PYMNTS

FEBRUARY 13, 2020

So before we add another layer of authentication , we should ask, is this actually going to serve a purpose or solve our problem?”. What is necessary, said Xie, is a different, more holistic paradigm for fighting fraud – with a broad goal of not adding more authentication steps, but fewer. The Zero-Authentication Future.

Authentication 98

Authentication Bots Identity Theft Mitigation 98

VISTA InfoSec

JANUARY 23, 2024

Malicious individuals often exploit misconfigured wireless networks and vulnerabilities in outdated encryption and authentication protocols to gain access to cardholder data environments (CDE). Protection can be achieved by encrypting the data prior to transmission, the session during transmission, or both.

PCI DSS 130

PCI DSS Encryption Procedures Best Practices 130

Fintech Finance

NOVEMBER 13, 2024

Where passwords or one-time codes are obsolete, and secure on-device biometrics allow seamless authentication across devices and websites, ensuring personal data stays on the device. Imagine a future where no physical card numbers are needed for purchases.

Visa 98

Visa Authentication Payments Issuers 98

Fintech News

NOVEMBER 6, 2024

Brankas’ platform addresses key compliance requirements such as API standardization, authentication, and encryption. These include Indonesia’s BI-SNAP guidelines and the broader Indonesia Payment System Blueprint 2025 (BSPI 2025), as well as regulations being developed by the State Bank of Vietnam and the Bangko Sentral ng Pilipinas.

Compliance 82

Compliance Payment APIs and Integration Fraud Detection Risk Assessment 82

VISTA InfoSec

OCTOBER 21, 2024

This is chiefly due to the fact that quantum computers will be able to hack through current common encryption algorithms like RSA, ECDSA, and ECDH. As it stands, there’s already a potential fix in the form of cloud-based quantum-proof encryption, which is expected to be a larger focus in the coming years.

Cybersecurity 130

Cybersecurity Encryption Scams Cryptocurrency 130

Clearly Payments

OCTOBER 22, 2024

The purpose of a PIN is to authenticate the identity of the cardholder during a transaction. PIN Encryption : Once the customer enters the PIN, it is encrypted immediately to protect the information. Encryption ensures the PIN cannot be intercepted or stolen during transmission. What is a PIN?

Debit Card 82

Debit Card Credit Cards Point-of-Sale (POS) Encryption 82

VISTA InfoSec

APRIL 3, 2024

Encryption is a vital safeguard that transforms data into a format that is unintelligible without the corresponding decryption key. Encrypted data remains safe from prying eyes both in transit and at rest. Implementing strong encryption protocols is a critical step towards securing an organization’s data ecosystem.

Cybersecurity 130

Cybersecurity Encryption Breach Phishing 130

VISTA InfoSec

OCTOBER 21, 2024

Some best practices to ensure robust cybersecurity include: Data Encryption: All sensitive data should be encrypted both in transit and at rest to prevent unauthorized access and ensure efficient data security measures. Authentication: Implement multi-factor authentication (MFA) to add an extra layer of security to your system.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

M2P Fintech

JULY 11, 2023

AES and ECDH To address security challenges, advanced encryption and decryption mechanisms must be integrated into the Android applications. In this blog, our Code Specialist and Lead Software Development Engineer Janarthanan , will guide you through the intricate world of encryption and decryption logic using AES.

Encryption 52

Encryption Security Blocks Correspondent 52

Stax

MARCH 15, 2024

The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing. These include: Passwords.

Process 88

Process Security PCI DSS Encryption 88

VISTA InfoSec

MARCH 28, 2024

Data Security To secure customer data, employ encryption for data at rest and in transit. This means encrypting data on your servers and any data being sent over the internet. Use strong, unique passwords and consider multi-factor authentication for an added layer of data security.

Data Breach 278

Data Breach Regulatory Compliance Breach Encryption 278

VISTA InfoSec

OCTOBER 21, 2024

SMEs can protect themselves by enforcing strong password policies, using two-factor authentication, training employees, updating software regularly, and backing up data. In contrast, ransomware specifically targets the availability of data by encrypting files and demanding payment for their release.

Security 130

Security Phishing Ransomware Risk Assessment 130

The Fintech Times

NOVEMBER 13, 2024

To protect assets, if in manual mode, user keys are encrypted and stored locally on the user’s device. If using Pocket as a backup method, only the encrypted wallet is stored on the Pocket server, meaning only the user has access to their credentials and their wallet at all times.

Encryption 107

Encryption Transactions Credential Audit 107

The Paypers

APRIL 29, 2016

compliance standards which include requirements that merchants and banks must implement in strong encryption and multi-factor authentication. (The Paypers) PCI Council has released PCI DSS 3.2

PCI DSS 28

PCI DSS Encryption Authentication Compliance 28

Segpay

FEBRUARY 21, 2024

Biometric Authentication: Integrating generative AI in digital payments extends to biometric authentication methods, such as facial recognition and fingerprint scanning. Biometric authentication not only enhances security but also simplifies the user experience.

AI 90

AI Innovation Fraud Detection Encryption 90

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web.

Transactions 93

Transactions Security Encryption CCPA 93

VISTA InfoSec

JANUARY 18, 2024

This includes, but is not limited to, default wireless encryption keys, passwords, and SNMP community strings. This includes, but is not limited to: -> Default wireless encryption keys. -> Passwords on wireless access points. -> SNMP defaults. -> Any other security-related wireless vendor defaults.

PCI DSS 289

PCI DSS Procedures Encryption Security 289

PYMNTS

MARCH 18, 2019

Authenticating combines Acuant , National Student Clearinghouse , TransUnion , Equifax Verification Solutions and other authoritative data providers to provide this service without excessive pass through fees and compliance costs. “I For more thorough background check reports, Authenticating will refer customers to trusted industry leaders.

Authentication 43

Authentication Verification Fraud Prevention Encryption 43

Exact Payments

FEBRUARY 5, 2024

Change #1: Sensitive Authentication Data (SAD) Retention In the realm of data security, staying ahead of potential threats and vulnerabilities is paramount. One area that has recently caught the attention of the PCI Council is the handling of sensitive authentication data (SAD). In the previous version, PCI DSS 3.2.1,

ISVS 52

ISVS PCI DSS Encryption Authentication 52

VISTA InfoSec

APRIL 12, 2024

Moreover, proxies can encrypt your data, adding an extra layer of security that shields sensitive information from hackers and eavesdroppers. To mitigate these risks, it’s vital to adhere to best practices, like choosing reputable proxy providers, regularly updating proxy server software, and implementing robust authentication methods.

Cybersecurity 130

Cybersecurity Best Practices Encryption Privacy 130

Exact Payments

JULY 1, 2024

Our software partners transmit merchant data to our APIs using Transport Layer Security (TLS) encryption. TLS encrypts data during transit and offers enhanced security features to combat man-in-the-middle (MiTM) attacks. This approach enhances security and complies with the best data encryption and key management practices.

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

Basis Theory

OCTOBER 1, 2024

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Stax

NOVEMBER 6, 2023

There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. Tokenization vs encryption Data encryption is another popular data security technique where data is transformed into an illegible format. Let’s get started.

Encryption 88

Encryption PCI DSS Data Security Origination 88

PYMNTS

OCTOBER 26, 2016

25) it raised $3 million in financing from RTP, Boldstart and Mesh Ventures to accelerate enterprise deployment of its biometric authentication suite. HYPR encrypts this data so it stays on the device. HYPR, the startup that developed cybersecurity technology to protect biometric data, announced Tuesday (Oct.

Authentication 69

Authentication Encryption RTP Cybersecurity 69

Stax

JULY 16, 2024

As more consumers gravitate online, they risk putting more sensitive authentication data and financial information on the internet. The best way to protect data as it is being transmitted over a network, especially one that is public and open, is to encrypt it. Unfortunately, personal data is most sought-after by criminals.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

Clearly Payments

OCTOBER 30, 2024

PSD2 (Payment Services Directive 2) : Also in the European Union, PSD2 aims to strengthen consumer protection and requires two-factor authentication for payments. Require strong customer authentication : Two-factor authentication can reduce fraud risks, especially in regions where it’s legally required.

International Payments 79

International Payments Process Multi-Currency Cross-Border 79

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

VISTA InfoSec

JULY 31, 2023

Protect Stored Cardholder Data: PCI DSS Requirement 3 reduces risks of storing sensitive data by using encryption, truncation, masking and hashing to protect cardholder data from hackers; thereby ensuring compliance with regulations. Hackers target data in transit, making it important to implement safeguards and encryption measures.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

The Fintech Times

APRIL 27, 2024

We are advocates for comprehensive privacy measures, emphasising end-to-end encryption, robust authentication mechanisms, and user control over data. “One of the strengths of the PSTI Act is its focus on strong authentication mechanisms. ” Where do APIs come into this?

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API Cybersecurity Authentication Security 124

PYMNTS

MARCH 24, 2016

“Encryption is one of the best ways to protect data. With respect to payments specifically, where the encryption of payment information is a vastly different issue than the encryption of communication channels, the balance of having both security and privacy may be more achievable. Department of Justice has demonstrated.

Encryption 41

Encryption Compromise Privacy Credential 41

Tearsheet

JULY 1, 2024

Two-factor authentication, encryption and fraud detection are minimum requirements. Security: These payment solutions come with strong security features like advanced encryption and authentication. Implement strong access controls and encryption/tokenization. BNPL is not your grandma’s layaway.

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BNPL Online and Mobile Banking Encryption Payments 105

Stax

SEPTEMBER 17, 2024

Protect Stored Cardholder Data Organizations must protect stored cardholder data and other credit card information using encryption, masking, hashing, or other methods to make the data unreadable to unauthorized individuals. Additionally, sensitive authentication data must never be stored after authorization, even if encrypted.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88