PYMNTS

OCTOBER 17, 2018

Bluefin, the PCI-validated point-to-point encryption (P2PE) solutions company announced on Wednesday (Oct. 17) that it has partnered with TokenEx for data security. TokenEx fights data theft while also helping companies reduce the costs associated with PCI compliance. ”

Data Security 62

Data Security Security Data Breach Encryption 62

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

Fi911

MARCH 26, 2024

Tokenization is a security measure that swaps sensitive data with a random number or “token.” This token holds no traceable connection to the real data, offering optimal data security for merchants and cardholders alike. Meanwhile, sensitive cardholder data is swapped with a unique, single-use token.

PCI DSS 98

PCI DSS Encryption Origination Data Security 98

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

Fintech Finance

NOVEMBER 28, 2024

“We are looking to a new era in data security, with increasingly complex and frequent digital threats targeting individuals and organizations of all sizes,” said Venket Naga, CEO of Serenity. It offers something that goes beyond encryption alone, empowering users to take control of their digital assets.”

Security 116

Security Transactions NFTs Blockchain 116

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

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

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.

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Breach Data Breach Settlement Payments 63

Stax

NOVEMBER 6, 2023

Loss, corruption, improper use, and unwanted access to a company’s data assets can lead to immense negative publicity, which in turn can cause irreparable reputation damage, fines, sanctions, and loss of profits. Moreover, companies need to follow data privacy and compliance requirements to stay in business.

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 v4.0

PCI DSS 100

PCI DSS Encryption Procedures Authorization 100

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. We implement TLS 1.3,

Data Security 52

Data Security Security Encryption Payment APIs and Integration 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

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 108

Verification Data Breach Encryption Cybersecurity 108

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

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

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

VISTA InfoSec

APRIL 12, 2024

Businesses deploy proxy servers to monitor and regulate their employees’ internet usage, ensuring data security and blocking access to harmful sites. Moreover, proxies can encrypt your data, adding an extra layer of security that shields sensitive information from hackers and eavesdroppers.

Cybersecurity 130

Cybersecurity Best Practices Encryption Privacy 130

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

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

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

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.

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Breach Data Breach Encryption Data Security 41

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

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 Wire Wires Breach 40

Basis Theory

NOVEMBER 12, 2024

Historically, data security has been treated as featureless and burdensome—but a necessary expense incurred by organizations. Today, we can tokenize anything from credit card primary account numbers (PAN) to one-time debit card transactions or social security numbers.

Encryption 88

Encryption Payment APIs and Integration PCI DSS Returns 88

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 Data Breach Encryption Data Security 57

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.

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Cybersecurity Encryption Data Breach Breach 76

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

VISTA InfoSec

OCTOBER 21, 2024

Some best practices to ensure robust cybersecurity include: Data Encryption: All sensitive data should be encrypted both in transit and at rest to prevent unauthorized access and ensure efficient data security measures.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

Fintech News

MARCH 10, 2024

However, a challenge presents itself: the ever-evolving threat to mobile app security. From compromised financial data to stolen identities, a single breach can shatter user trust and cripple business operations. So, how can Indonesian financial institutions navigate this challenging landscape and build secure mobile usage?

Digital Payments 113

Digital Payments Security Data Encryption Encryption 113

Stax

SEPTEMBER 17, 2024

While the news may bring breaking headlines about stolen or lost data from large corporations, every business can take the steps necessary to secure sensitive data. TL;DR PCI compliance is essential because it helps prevent data breaches, ultimately cultivating customer trust. What is PCI Compliance?

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Clearly Payments

OCTOBER 22, 2024

PIN Encryption : Once the customer enters the PIN, it is encrypted immediately to protect the information. Encryption ensures the PIN cannot be intercepted or stolen during transmission. Verification : The encrypted PIN is sent to the card issuer’s system, where it is matched against the cardholder’s stored PIN.

Debit Card 93

Debit Card Credit Cards Point-of-Sale (POS) Encryption 93

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 Data Breach Payment APIs and Integration Point-of-Sale (POS) 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 105

BNPL Online and Mobile Banking Encryption Payments 105

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

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

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

FICO

NOVEMBER 1, 2016

Look no further than the US presidential debates , where our two candidates have highlighted the need to address hackers, security breaches and even foreign nations that may be using sophisticated cyber tactics to influence the outcome of the upcoming November elections. Data encryption.

Cybersecurity 81

Cybersecurity Regulations PCI DSS Data Encryption 81