EBizCharge

OCTOBER 25, 2023

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. According to the 2023 IBM Data Breach Report , the global average cost of data breaches was $4.45 million this year, up 15% over the last three years.

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Best Practices Data Breach Breach Phishing 52

Segpay

JUNE 13, 2024

SMBs also fall victim to cyber criminals, as many lack the resources and knowledge to set up threat mitigation strategies, leaving them vulnerable to attacks. In this post, we’ll discuss the best practices for businesses and customers to secure online payment against cyber attacks. The Travelex ransomware attack. million ransom.

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Best Practices Processors Transactions Security 40

VISTA InfoSec

FEBRUARY 25, 2024

Best Practices For Prevention Ultimately, consistent vigilance and proactive security safeguards offer the best breach protections. Secure Passwords Enforce complex password requirements, password manager usage, frequent rotation policies, and supporting infrastructure across all accounts with access to sensitive data.

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Data Breach Breach Multifactor Authentication Cybersecurity 223

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.

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Fraud Detection Governance Government Compliance 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

Risk mitigation Given that PayFacs handle the most sensitive information of customers – their payment data – they must keep it secure and detect unauthorized transactions. Vendors with established proficiency in the field have a deep understanding of the complexities, compliance requirements, and industry’s best practices.

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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. The system’s efficiency mitigates late and missed payments, contributing to a steady and predictable cash flow.

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