Remove Bots Remove Data Breach Remove MFA
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Deep Dive: Reducing The Security Risks Of Open Banking

PYMNTS

These credential abuse attacks come in a variety of forms, with some hackers choosing to overwhelm API defenses with simultaneous logins from a host of bots and others using more targeted techniques like phishing individual API developers and using their login credentials. There were 85.42 million were aimed at the financial industry.

MFA 96
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Payment Security: Everything You Need to Know About Secure Payments

Stax

Taking precautions to implement security measures like firewalls and cybersecurity training helps to protect cardholder data and other sensitive information from cybercriminals. It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place.

PCI DSS 88
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Deep Dive: Why Leveraging Biometrics Can Ease FIs’ $4B ATO Problem

PYMNTS

A popular brute force method used to accomplish this is credential cracking , which involves fraudsters using bots to automatically plug potential usernames and passwords into login screens in the hopes of stumbling across the correct credentials.

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PCI DSS Checklist: Secure Your Business

VISTA InfoSec

Segregation of Networks: This involves isolating the cardholder data environment (CDE) from the rest of the business’s network. Doing so can help reduce the scope of PCI DSS compliance and minimize the risk of data breaches. Avoid default settings for servers, software applications, and network devices.

PCI DSS 130
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What Is Account Takeover Fraud (ATO)? Detection & Prevention

Seon

Educate your users: Remind users to prioritize password security, encourage the use of multi-factor authentication (MFA), and suggest the use of VPNs on public Wi-Fi networks. Exploiting security vulnerabilities : This is where unpatched security holes are used to gain unauthorized access to a system.

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Why Alexa Won’t Replace Call Center Agents Just Yet

PYMNTS

I don’t think Alexa is road-ready for true voice biometric determination for an MFA [multi-factor authentication], even in-home,” IntraNext CEO Patrick Brown told Karen Webster in a recent interview. The executive said IntraNext isn’t fielding as many questions following the Equifax data breach as might be expected.