VISTA InfoSec

APRIL 28, 2024

It is of utmost importance for banks to ensure the safety and security of the cardholders’ data. The Payment Card Industry Data Security Standard (PCI DSS) compliance 4.0 Installing and maintaining a firewall configuration to protect cardholder data. Protecting stored cardholders’ data.

PCI DSS 130

PCI DSS Compliance Assessments Data Breach 130

PYMNTS

MAY 20, 2020

Home Chef, the Chicago-based meal kit and food delivery company, announced a data breach after a hacker sold information on its 8 million customers on a dark web marketplace, according to Bleeping Computer. In response to a request for comment from PYMNTS, Home Chef sent a link to its Q&A page about the breach.

Data Breach 53

Data Breach Breach Request for Comment Database 53

Stax

MARCH 15, 2024

Compliance with these standards ensures that merchants and payment processors implement robust security measures to safeguard financial data. These standards help prevent card-present fraud by authenticating transactions through dynamic data authentication and cryptographic processes.

Process 88

Process Security PCI DSS Encryption 88

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Owning this data puts FAMGA on the front lines in the fight against the theft and exploitation of our personally identifiable information (PII). Effective data security features are critical to securing this information.

Data Security 58

Data Security Encryption Security Data Breach 58

CB Insights

SEPTEMBER 27, 2018

Just in the last two years there have been at least three separate data breaches in which at least one billion confidential records were stolen or exposed at once. Enterprise data security needs an upgrade. Since 2017, roughly six billion confidential digital records have been stolen from around the world and counting.

Data Security 52

Data Security Encryption Data Breach Security 52

PYMNTS

APRIL 25, 2019

Two consumer websites have settled with the Federal Trade Commission (FTC) over allegations that they did not secure consumers’ data, allowing hackers to breach both sites. This led to a security breach that compromised the data of approximately 2.1 million consumers, including around 500,000 U.S.

FTC 53

FTC Data Security Security Consumer 53

Stax

JULY 16, 2024

If merchants are exposed to security vulnerabilities when processing digital payments, the risk of cardholder data falling into the wrong hands increases exponentially. security requirements are. PCI DSS is a set of protocols to be followed by companies that store, process, and transmit cardholder data.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

Stax

MARCH 4, 2024

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

PCI DSS Payment Security Security MFA 88

PYMNTS

JANUARY 9, 2019

8) that his office, as well as 42 other state attorney generals, have settled with Neiman Marcus over a 2013 breach of customer payment card data at 77 of the retailer’s stores. Of the cards that were breached, at least 9,200 were used for fraudulent purposes, the Maryland AG said in the press release.

Breach 63

Breach Data Breach Settlement Payments 63

Fintech News

APRIL 10, 2024

Entrust, known for its trusted payment and data security solutions, has finalised its acquisition of identity verification company Onfido. Identity-centric security is the starting point for Zero Trust frameworks and ensures a company’s cyber defense is best positioned to meet today’s threats.

Verification 86

Verification Data Breach Encryption Cybersecurity 86

PYMNTS

DECEMBER 31, 2018

So far this year (and there’s still one more day), Verizon reported that there have been 2,216 confirmed data breaches across 65 countries. Even more disturbing, perhaps, is that 68 percent of those breaches took months for the breached companies to discover. According to early reports, the data breach impacted 0.5

Data Breach 92

Data Breach Breach Database Compromise 92

PYMNTS

OCTOBER 25, 2017

Of all the sensitive personal data consumers and businesses would rather not see compromised, financial data is surely toward the top of the list. Nearly one-quarter of those 42 percent said the data breach occurred in the last year, up from 19 percent in 2016. Despite this, though, data security seems to be lagging.

Breach 41

Breach Data Breach Encryption Data Security 41

PYMNTS

DECEMBER 4, 2017

McAfee Labs recently published its 2018 Threats Predictions report , and after a year of high-profile cyberattacks and data breaches, analysts say the threat won’t let up in the new year. If there’s one thing the enterprise has learned this year, it’s that a data breach can happen to any business — including small businesses (SMBs).

Small Business 54

Small Business Data Security PCI DSS Data Breach 54

VISTA InfoSec

JULY 31, 2023

The PCI DSS Checklist is a crucial first step in securing your business. It’s a tool that helps businesses ensure they’re meeting all the requirements of the Payment Card Industry Data Security Standard (PCI DSS). Doing so can help reduce the scope of PCI DSS compliance and minimize the risk of data breaches.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

PYMNTS

OCTOBER 5, 2020

The panel’s standards apply to all entities that accept credit or debit card payments and are intended to ensure that these organizations are working to reduce their risks of security breaches and to minimize the damage of attacks that slip through their defenses.

Data Breach 82

Data Breach Breach PCI DSS Compliance 82

PYMNTS

JULY 20, 2016

Zayo Group Holdings , the cloud infrastructure and communications company, is getting into the encryption market, announcing a new Encryption as a Service product for customers. The new Encryption as a Service, which uses Ciena’s WaveLogic Encryption solution, gives users wavelength services with 10G wire speed encryption at Layer 1.

Encryption 40

Encryption Wires Wire Credit Cards 40

PYMNTS

MAY 4, 2016

Bluefin Payment Systems, which offers point-to-point encryption (P2PE) solutions to several industries, including retail and health care, said on Tuesday (May 3) that it will also add the Visa Data Secure Platform (DSP) to its portfolio, through its Decryption-as-a-Service P2PE Solution.

Data Security 40

Data Security Security EMV Encryption 40

PYMNTS

JUNE 29, 2018

Another day, another (possible) data breach: Adidas revealed that it has come under attack from cybercriminals looking to steal personal information. The breach could potentially affect millions of customers, who were notified on Thursday (June 28) about the incident on the Adidas U.S.

Data Breach 40

Data Breach Breach Compromise Encryption 40

Tearsheet

JULY 1, 2024

Additionally, the conversation touches on important considerations such as data security, implementation challenges for businesses adopting new payment technologies, and potential future developments in the field. Two-factor authentication, encryption and fraud detection are minimum requirements. Continuous monitoring.

BNPL 106

BNPL Online and Mobile Banking Encryption Payments 106

PYMNTS

MARCH 8, 2017

7), Bluefin Payment Systems announced its new partnership with international online payments and fraud and data management solutions provider First Atlantic Commerce (FAC). PYMNTS: How will the partnership help to expand data security in the market? RM: The LAC market experiences the same data breach risks as the U.S.,

Encryption 40

Encryption Payment APIs and Integration Data Breach Point-of-Sale (POS) 40

EBizCharge

JULY 19, 2024

By understanding these pitfalls, businesses can take proactive steps to adopt more secure payment processing solutions. Here are five reasons why PDF forms fall short of the stringent requirements for secure credit card transactions. 1. Insecure storage Storing payment card data requires secure systems to prevent breaches.

PCI DSS 52

PCI DSS Compliance Credit Cards Third-Party Service Provider 52

VISTA InfoSec

JUNE 18, 2024

As cyber threats evolve, safeguarding your organization’s data has become an utmost priority. Whether you’re a small business owner, a corporate leader, or an Information and Communication Technology (ICT) specialist, the consequences of a data breach are severe and far-reaching.

Data Security 208

Data Security Security Encryption Cybersecurity 208

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web.

Transactions 93

Transactions Security Encryption CCPA 93

CB Insights

OCTOBER 18, 2018

Keeping enterprise data secure is one of the biggest challenges corporations now face. Corporations increased the number of times they mentioned cybersecurity on earnings calls nearly three-fold since 2014, according to CB Insights data. CB Insights put together a research series on the future of data security.

Cybersecurity 57

Cybersecurity Encryption Data Breach Data Security 57

PYMNTS

APRIL 24, 2017

Interestingly enough,” McGurk said, “80 percent of all breaches occur because of email threats like phishing and social engineering. So we regularly test our employees and contractors with phishing campaigns” — the timing of which is known only to the CEO, chairman and head of security. “We

Data Security 46

Data Security Security Phishing Due Diligence 46

Fi911

FEBRUARY 29, 2024

The Importance of a VAR Sheet for Banks For banks, the VAR Sheet holds particular significance, offering a multitude of benefits: Risk Management: By detailing security measures and compliance protocols, the VAR sheet helps banks mitigate the risk of fraud and data breaches associated with payment processing.

VARS 67

VARS Payment APIs and Integration Regulatory Compliance Gateways 67

CoinRemitter

JULY 2, 2024

Blockchain Security Blockchain security refers to using cybersecurity methods to protect against attacks and fraud when using blockchain networks. It also depends on a consensus among network participants to validate new information, preventing false or unauthorized data. How Quantum Computing Can Affect Blockchain?

Blockchain 40

Blockchain Security Encryption Transactions 40

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

Payment Savvy

DECEMBER 3, 2020

Encrypt and Back-Up Data. 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

CB Insights

MARCH 27, 2019

Already this year, at least 30 organizations — including coffee chain Dunkin’ and cloud provider Rubrik — experienced major data breaches. Read our future of data security report for more on this topic. ). Cybersecurity is a hot topic today. Most recently, Dow Jones saw over 2.4M The Controversies.

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

Stax

JULY 9, 2024

EFT payments offer a high level of security compared to traditional payment methods. Advanced encryption techniques are used to protect sensitive data during transmission, ensuring that personal and financial information remains confidential. Relatively inexpensive. What is the future of EFTs?

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

Payment Savvy

JANUARY 27, 2021

Store Customer Payment Data Safely. Statistics say 95% of credit card breaches are from the small online business realm. Not surprisingly, this fact is the reason for the hefty regulations on consumer data privacy. Storing cardholder data puts the information at risk of being stolen. Use Encryption and Tokenization.

Security 52

Security PCI DSS Encryption Payments 52

EBizCharge

MAY 24, 2024

Most embedded Sage payment solutions adhere to strict regulations, including PCI-DSS compliance and Secure Sockets Layer/ Transport Layer Security (SSL/TLS) protocols. By securely managing credit card data and transactions, businesses can protect their operations against fraud and data breaches.

Embedded Payments 52

Embedded Payments Process PCI DSS Payments 52

Clearly Payments

MARCH 22, 2024

The Technology Behind Mobile Payments Mobile payments rely on a sophisticated blend of technologies to facilitate seamless, secure, and convenient transactions. At the heart of mobile payment systems are Near Field Communication (NFC), Quick Response (QR) codes, and secure elements such as encryption and tokenization.

Contactless Payments 105

Contactless Payments Online and Mobile Banking Mobile Payments Payments 105

Exact Payments

JANUARY 4, 2024

The Payment Card Industry Data Security Standard (PCI DSS) plays a crucial role in protecting cardholder data for businesses that accept credit card payments. This set of security guidelines is mandated by major credit card associations such as Visa, Mastercard, American Express, and Discover.

PCI DSS 52

PCI DSS Compliance Audit Encryption 52

Segpay

JUNE 13, 2024

This shows that as businesses and customers continue to rely on online payment systems the risk of falling prey to cyber security threats increases too. If you fail to fortify your defenses, your business will suffer a lot in the face of a successful breach. Verizon’s 2021 report found that 85% of breaches involved a human element.

Best Practices 40

Best Practices Processors Transactions Security 40

Stax

MARCH 26, 2024

Secure Transactions: Online terminals incorporate security protocols like SSL encryption, tokenization, and Payment Card Industry Data Security Standards (PCI DSS) compliance. This security infrastructure protects sensitive payment information during transactions, building customer trust.

PCI DSS 88

PCI DSS Encryption Payment Gateways Disputes 88