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PCI DSS Requirement 8 – Changes from v3.2.1 to v4.0 Explained

VISTA InfoSec

These practices adhere to industry security standards and the NIST Special Publication 800-63 guidelines, supporting the payment ecosystem. In this blog post, we will delve into the changes introduced in PCI DSS Requirement 8 from version 3.2.1 Requirement 8.6.1: (This requirement is a best practice until 31 March 2025.)

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The Role of Generative AI in the Banking Industry: A Call for Cautious Exploration

Fi911

So, before diving headfirst into implementation, institutions must consider these data security best practices: Implement multi-factor authentication (MFA) to add complexity to scammers’ attempts to gain unauthorized access to accounts.

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How to Use AI in Bank Statement Processing

Nanonets

We'll also guide you through setting up an efficient bank statement processing system and share best practices to transform this data flood into a strategic asset. 💡 Best practices:  1.   💡 Best practices:  1. 💡 Best practices:  1.

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Security Awareness Training: What It Is, Its Importance & How to Implement It

Seon

Office hygiene best practices : Ensuring that file cabinets are locked and used sensitive paperwork is shredded as soon as it’s no longer needed. Digital hygiene : Regularly disposing of old computer files and exercising caution when posting on social media. Investing in training for employees can help them feel valued.

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5 Common Types of Fraud that Threaten Neobanks

Seon

Thankfully you have trusted best practices and the team at SEON to support you. Set up multi-factor authentication (MFA): Add one-time passwords (OTPs) or other types of MFA to all neobank accounts. We know the tricks fraudsters use and how to stop them in their tracks.

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What Are the Risks of Business Email Compromise & How Can You Prevent Them?

Seon

This means that a significant proportion of the surveyed businesses decided that traditional approaches to email security, such as firewalls, were not enough and should be enhanced with authentication processes such as multi-factor authentication (MFA) and encryption technologies. This is how you attempt to identify suspicious activity.

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10 Upcoming Fintech Webinars to Attend

Fintech News

Post-COVID-19, webinars continue to thrive, owing to their versatility, accessibility, affordability and effectiveness in engaging and educating audiences in an increasingly digital world. Pedro Martinez and Megan Shamas will explore best practices and real-world examples for implementing passkeys and strong customer authentication (SCA).

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