Remove Authentication Remove Multifactor Authentication Remove Procedures
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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. And painful account recovery procedures await all users who must reset passwords across potentially dozens of breached websites.

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FinCEN Files Show Banks’ ‘Whack-a-Mole’ Battle Against KYC/AML

PYMNTS

And in one recent edition of PYMNTS’ KYC/AML Tracker details, the rise of open banking is likely to spur a “fast track” for new AML efforts, including multifactor authentication (MFA) and strong customer authentication (SCA) processes.

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The Corporate Card Faces New Hurdles In AP Departments

PYMNTS

In this week’s look at the latest in Commercial Card Innovation, PYMNTS examines the tactics industry players use to overcome hurdles, including complex strong customer authentication (SCA) compliance requirements and the pain of supplier non-acceptance. Billtrust, REPAY Drive Virtual Card Adoption.

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Deepfakes Threaten To Become The New BEC Scam

PYMNTS

Hackers will either use C-suite executives', finance team members', or suppliers' email addresses, or create ones that look very similar, to send their messages and trick professionals into thinking someone legitimate is making a request to alter payment procedures.

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KeyBank On Fighting APP Fraud During The COVID-19 Pandemic

PYMNTS

KeyBank’s strategy for fighting APP fraud is twofold, consisting of customer education and back-end authentication procedures. On the front end, we protect the front door through user authentication to make sure that the person sending the transaction is the correct individual and authorized to do so. “On

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How The U.S. Government Sets The Benchmark For Digital ID Standards

PYMNTS

NSTIC called out the national need to eliminate PINs and passwords as single authentication factors and to use multifactor authentication for stronger [verification],” Temoshok explained. “It NIST is also a member of the FIDO Alliance , an association of businesses that develops non-password-based authentication solutions.

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New York Bolsters Cybersecurity Requirements

Global Fintech & Digital Assets

Covered entities’ incident response plans must also expressly address procedures for recovery from backups, root cause analysis, evaluation of business impact, and prevention of recurrence of incidents. By November 1, 2025, covered entities must comply with multifactor authentication and asset inventory requirements.