Remove Authentication Remove Encryption Remove Multifactor Authentication
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Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

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.

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Bank payment system robbery calls for multifactor authentication

Payments Source

An encrypted website and secure network aren’t very helpful when customers have been unknowingly routed to a criminal’s lookalike site, writes Simon Thorpe, director of product for Authy at Twilio.

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How Dosh Is Tapping 2FA, Email Verification To Keep Onboarding Seamless

PYMNTS

This is why verifying consumers’ identities by authenticating their email addresses and other details must be as seamless as the rest of the onboarding experience, Ryan Wuerch , CEO and founder of cash-back platform Dosh , said in a recent PYMNTS interview. . We have bank-level encryption to ensure information is safe and secure.

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Balancing Innovation and Security: Digital Payments Insights with Valeri Vanourek of Discover® Global Network

The Fintech Times

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.

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PSD2: Ready Or Not? Not, Says Whitepages Pro

PYMNTS

The headlines surrounding PSD2 trumpet the arrival of open banking – where customers and companies have access to data in one place and can share it with third parties through APIs – but there is also the need for strong customer authentication (SCA). PSPs have been steadily gathering more information from merchants.

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GDPR & PSD2: A Silver Lining For Fraudsters?

PYMNTS

Additionally, the strong customer authentication (SCA) mandated by the second Payment Services Directive (PSD2) goes into effect in September of 2019 — and yes, that too counts as “right around the corner.”. As Levin noted, there are ways to try to minimize the fines, such as by instituting technical safeguards like data encryption.

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New York Bolsters Cybersecurity Requirements

Global Fintech & Digital Assets

Technical Controls The Amendments introduce a number of heightened technical controls, including: Multifactor Authentication: With only very limited exceptions, multifactor authentication (MFA) is now required for “any individual” accessing “any information system” of a covered entity.