PYMNTS

JUNE 27, 2017

Wealthy countries with developed financial and payment infrastructures are most likely to have their data encrypted and held for ransom by cybercriminals, according to a recent report by global cybersecurity company Kaspersky Lab. The report also recommends best practices for both individuals and organizations to avoid infection.

Ransomware 72

Ransomware Data Encryption Best Practices Cybersecurity 72

FICO

NOVEMBER 1, 2016

At first blush, the NYDFS proposal appears to establish foundational cybersecurity requirements that are consistent with existing guidelines and industry best practices. Data encryption. The NYDFS requires data encryption not just for data in-transit but also for data at-rest.

Cybersecurity 81

Cybersecurity Regulations PCI DSS Data Encryption 81

Core

MARCH 19, 2024

For compliance managers and auditors , diligence and oversight are essential aspects of the role—and important for ensuring adherence to regulations, policies, and best practices. Powerful Internal Fraud Prevention with CORE City and county governments must take strong precautions against payment fraud.

Fraud Detection 52

Fraud Detection Governance Government Compliance 52

VISTA InfoSec

JUNE 18, 2024

Backup Your Data Regularly Safeguarding your vital data is non-negotiable. Implement a solid backup strategy to renew your operations after disruptive incidents like ransomware encryptions, hardware failures, or accidental deletions. When crisis inevitably strikes, you’ll bounce back with irreplaceable data intact.

Data Security 208

Data Security Security Encryption Cybersecurity 208

Nanonets

APRIL 23, 2024

Ensure that they understand the system's functionality, processes, and best practices for reconciliation. Enhanced Security : NetSuite offers robust security features, including role-based access controls, data encryption, and audit trails, ensuring the confidentiality, integrity, and availability of financial data.

Reconciliation 52

Reconciliation Accounts Multi-Currency Audit 52

The Finance Weekly

DECEMBER 30, 2021

To prevent harm to your network and mitigate risk, consider requiring multi factor authentication to access company data, encrypting email, securing email attachments, and implementing other best practices. Malware attacks, especially ransomware attacks, are on the rise.

Technology 52

Technology MSPS Small Business Data Security 52

Ikajo

NOVEMBER 22, 2023

Vendors with established proficiency in the field have a deep understanding of the complexities, compliance requirements, and industry’s best practices. Look into their payment fraud prevention measures, including data encryption, anti-fraud filters, and adherence to PCI DSS.

Facilitators 52

Facilitators Payment APIs and Integration PCI DSS Payments 52

EBizCharge

JUNE 4, 2024

Regular audits and updates are crucial to maintaining a secure payment environment, as well as educating your team about the best practices for handling sensitive data. Security and fraud prevention Security is paramount in payment processing, and Acumatica provides robust tools and standards to protect sensitive data.

Credit Cards 52

Credit Cards Process Payment Gateways Gateways 52

Nanonets

NOVEMBER 15, 2023

Paperless accounts payable system best practices Going paperless requires discipline and consistency to make it truly effective. Similarly, when transitioning to a paperless system, you should establish certain best practices to maximize your new digital system. Is there additional training required for your team?

Accounts 52

Accounts Payment APIs and Integration Audit Automation 52

Nanonets

SEPTEMBER 21, 2023

Continuous improvement is also essential to ensure that the automated finance processes align with evolving business needs and industry best practices. With automation relying on digitized financial data, businesses must take appropriate measures to protect sensitive information.

Automation 52

Automation Finance Assessments Compliance 52

Nanonets

JULY 21, 2023

Security measures: Two-step authentication, data encryption, secure data centers, and network security Online file storage: Store and manage files securely in the cloud, eliminating the need for physical documents. Multi-currency support: Management of payments, bills, invoices, and quotes in different currencies.

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Audit 52