VISTA InfoSec

APRIL 28, 2024

The Payment Card Industry Data Security Standard (PCI DSS) compliance 4.0 offers essential guidelines and a framework to safeguard cardholders’ data and mitigate any potential data breaches that may occur in banks. Protecting stored cardholders’ data.

PCI DSS 130

PCI DSS Compliance Assessments Data Breach 130

Basis Theory

NOVEMBER 12, 2024

The ciphertext is a computed value, based on a key and plaintext data. To retrieve the original sensitive data within the ciphertext, you’ll need to use a key capable of converting the ciphertext data back into plaintext data. Encryption and tokenization are more different than they are similar.

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

Payments Source

SEPTEMBER 2, 2019

Many companies have tools in place alerting them to possible security issues, but if companies get a large volume of issues, this quickly overwhelms the ability for security and risk professionals to analyze, prioritize, and remediate, writes DivvyCloud's Chris DeRamus.

Data Encryption 80

Data Encryption Encryption Volume Risk 80

EBizCharge

JANUARY 14, 2025

Data encryption is crucial for a payment gateway since it converts sensitive information, like credit card details, into a secure format to prevent unauthorized access during online payments. Strong encryption builds trust with customers and reduces the risk of data breaches. How much does a payment gateway cost?

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 52

Segpay

FEBRUARY 21, 2024

Tokenization: Generative AI contributes to the implementation of tokenization, a technique that replaces sensitive data, such as credit card numbers, with unique tokens. These tokens are generated for each transaction, reducing the risk of data breaches. This provides digital payment methods with an additional level of security.

AI 105

AI Innovation Fraud Detection Encryption 105

PYMNTS

FEBRUARY 21, 2019

Security and technology consulting company Accutive is rolling out a new solution designed to give enterprises an alternative to data encryption to protect sensitive information. 20), Accutive said it is launching its Data Discovery and Data Masking solutions. In a press release on Wednesday (Feb.

Encryption 51

Encryption Compliance Data Breach Data Encryption 51

Stax

FEBRUARY 19, 2025

Security & compliance Security is a top priority, especially when dealing with sensitive customer data. When selecting an ISV partner, businesses should verify: Data encryption standards to prevent breaches. Compliance with industry regulations , such as GDPR for data protection or PCI DSS for payment security.

ISVS 88

ISVS Payment APIs and Integration API Best Practices 88

VISTA InfoSec

SEPTEMBER 5, 2024

The importance of cyber security for SMEs As small and medium enterprises (SMEs) often become prime targets for cyber attacks, resulting in significant financial losses and data breaches, the importance of cyber security cant be emphasized enough.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

The importance of cyber security for SMEs As small and medium enterprises (SMEs) often become prime targets for cyber attacks, resulting in significant financial losses and data breaches, the importance of cyber security can’t be emphasized enough.

Security 130

Security Phishing Ransomware Risk Assessment 130

Stax

NOVEMBER 6, 2023

With payment tokenization, the actual credit card data isn’t stored thereby making digital payment transactions more secure. Besides the enhanced data security, other benefits include reduced risk of breaches, easier regulatory compliance, and compatibility with legacy systems. What are the benefits of data tokenization?

Encryption 88

Encryption PCI DSS Data Security Origination 88

VISTA InfoSec

JANUARY 22, 2024

It boils down to minimizing the risk of data breaches and maximizing the security of cardholder information. This is achieved through a multi-pronged approach: Data Encryption: Requirement 3 mandates the use of strong cryptographic controls such as encryption for stored cardholder data.

PCI DSS 100

PCI DSS Encryption Procedures Authorization 100

Clearly Payments

JUNE 7, 2024

Payment Gateway Tokenizes Data Action : The payment gateway API tokenizes the sensitive payment information. Details : Tokenization replaces the sensitive card information with a secure token, reducing the risk of data breaches. Details : The acquiring bank forwards the request to the card network (e.g.,

Payment Gateways 59

Payment Gateways Gateways API Payment APIs and Integration 59

Exact Payments

JULY 1, 2024

By Jeremy Smillie, VP of DevSecOps at Exact Payments In an era where data breaches are not just threats but realities, protecting Personally Identifiable Information (PII) is more crucial than ever. At Exact Payments, we understand the magnitude of the responsibility of handling such sensitive data.

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

EBizCharge

JANUARY 21, 2025

Secure payment processing: Data encryption ensures that credit card details and payment data are secure, reducing fraud risk. Virtual terminals should implement strong payment security measures like encryption, tokenization, address encryption, address verification, and secure gateways to prevent fraud and data breaches.

Credit Cards 52

Credit Cards Encryption ACH Process 52

Basis Theory

OCTOBER 1, 2024

Return to Top Risk of Non-Compliance Each PCI requirement acts as a proactive measure to protect cardholder data, and as a legal framework to isolate and financially penalize non-compliance. Legal Action : Breached organizations subject themselves to expensive litigation from impacted customers, cardholders, and banks.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

CB Insights

OCTOBER 2, 2018

For example, Facebook recently disclosed that an unprecedented data breach, discovered on September 25, exposed the social media accounts of up to 90 million users — including login credentials — effectively compromising access to any site that lets users log in with their Facebook account.

Data Security 58

Data Security Encryption Security Data Breach 58

EBizCharge

NOVEMBER 27, 2024

Data encryption: Data is encrypted and sent to the payment processor. Utilize tools like encryption, tokenization, and SSL certificates to encrypt sensitive data and ensure compliance with PCI requirements to meet industry standards for secure payment processing.

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

Payment Savvy

DECEMBER 3, 2020

An effective cyber fraud strategy should prevent physical access to sensitive data and render that data useless in case it falls into the wrong hands by encrypting it. Data encryption is the most effective way of protecting yourself from cyber fraud.

Encryption 52

Encryption Data Encryption Identity Theft Cybersecurity 52

Fintech Review

MARCH 18, 2025

As banking services went digital, encryption became increasingly important for protecting information. In the late 20th century, banks began adopting cryptographic algorithms to shield data. The Data Encryption Standard (DES) emerged in the 1970s, followed by the RSA algorithm for secure communications.

Security 66

Security Encryption FinTech Breach 66

Stax

JULY 16, 2024

According to PCI DSS, any organization that transmits, stores, or processes cardholder data must use encryption or tokenization tools to protect data. This will make it easier for you to identify issues, catch and stop data breaches, and find those responsible. PCI DSS requires an annual review of the policy.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

EBizCharge

AUGUST 8, 2024

Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data. Encryption, fraud detection systems, and regular security audits protect business financial information and customer payment data.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

Segpay

JUNE 13, 2024

If you fail to fortify your defenses, your business will suffer a lot in the face of a successful breach. PCI DSS compliance sets industry requirements that safeguard payment card data using encryption, firewalls, and regular security audits. Verizon’s 2021 report found that 85% of breaches involved a human element.

Best Practices 40

Best Practices Processors Transactions Security 40

Exact Payments

FEBRUARY 5, 2024

ISVs will now be required to incorporate SAD within their data retention policies, necessitating the removal of users who have remained inactive during the specified retention period. Change #2: Primary Account Number (PAN) Encryption The security of sensitive information, such as primary account numbers (PANs), is of utmost importance.

ISVS 52

ISVS PCI DSS Encryption Authentication 52

PYMNTS

MAY 21, 2018

TeenSafe assures parents that the app “employs industry-leading SSL and vormetric data encryption to secure your child’s data. Your child’s data is encrypted — and remains encrypted — until delivered to you, the parent.”.

Encryption 43

Encryption Data Encryption Duplicate Credential 43

Nanonets

OCTOBER 1, 2023

When evaluating security measures, look for features such as data encryption, fraud detection and prevention, and customer authentication. In addition, find out what steps the PSP takes in the event of a data breach.

Payment Service Provider (PSP) 52

Payment Service Provider (PSP) Service Provider Payments Payment APIs and Integration 52

Segpay

MARCH 10, 2025

Tokenization & Encryption All sensitive payment data is encrypted and tokenized, reducing the risk of data breaches. Implement Strong Encryption Using SSL certificates and end-to-end encryption secures payment data during transactions, protecting it from cyber threats.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

The Payments Association

FEBRUARY 17, 2025

Data security: financial institutions should implement robust security measures to protect sensitive data from unauthorised access and breaches. Liability: businesses should establish clear liability frameworks for data breaches and other incidents.

Finance 88

Finance Innovation Payment APIs and Integration API 88

Segpay

DECEMBER 19, 2024

With growing concerns around data breaches, identity theft, and unauthorized access, organizations need to ensure that only authenticated users can access their systems and sensitive information. These adaptive security measures help mitigate potential breaches.

Verification 104

Verification Authentication MFA Compliance 104