Payments Source

SEPTEMBER 5, 2019

There's equal importance on encrypting data and securing the server, says STEALTHbits Technologies' Adam Laub.

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Payments Source

MAY 21, 2019

In the era of big data, a more thorough, data-centric approach is needed for security than the traditional encryption of the past, argues comforte AG's Jonathan Deveaux.

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Payments Source

MARCH 29, 2018

POS payment encryption products are widely available and have been for many years, from technologies designed to secure card data from the point it is entered into the payment terminal, writes Ruston Miles, founder and chief strategy officer of Bluefin Payment Systems.

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Encryption Breach Security Product 65

Basis Theory

NOVEMBER 12, 2024

As a merchant, to understand tokenization for your own benefit, it’s critical to understand: What tokenization is, why it’s important for payments, and how it compares to encryption. As an additional layer of protection, these systems may encrypt the sensitive data so that it’s protected against unauthorized access.

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Encryption Payment APIs and Integration PCI DSS Returns 157

PYMNTS

FEBRUARY 1, 2019

Home improvement startup Houzz revealed that it suffered a data breach. The company said in a FAQ on its website that the breach was discovered in late December 2018, and that “a file containing some of our user data was obtained by an unauthorized third party.”.

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VISTA InfoSec

OCTOBER 21, 2024

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. The TPM can securely store and generate cryptographic keys, passwords, certificates, and encryption keys. However, manufacturers DO.

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Cybersecurity Encryption Fraud Detection CHIPS 189

PYMNTS

DECEMBER 15, 2016

14) that a new cybersecurity breach incident has affected over a billion of its users and their private data. This billion-user figure means this newest hack is the largest data breach in the digital era. billion buyout of its core assets, said it would review the impact of the latest breach.

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VISTA InfoSec

JANUARY 18, 2024

These requirements’ main objective is to safeguard sensitive cardholder information and mitigate data breaches. This includes, but is not limited to, default wireless encryption keys, passwords, and SNMP community strings. With the impending retirement of PCI DSS v3.2.1

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PCI DSS Procedures Encryption Security 289

VISTA InfoSec

MAY 24, 2024

Understanding PCI DSS Developed by the Payment Card Industry Security Standards Council (PCI SSC), it is mandatory for all businesses to be PCI compliant to protect cardholders, companies, the Merchants and Service Providers they do business with from data breaches, fraud, and unauthorized access. 5 / 5 ( 1 vote )

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Payments Dive

MAY 14, 2018

Don't let a data breach derail your business. Bluefin's PCI-validated P2PE solutions encrypt cardholder data at the point of interaction and are available to all merchants and processors utilizing the TNS network

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Data Breach Encryption Breach Processors 60

VISTA InfoSec

APRIL 3, 2024

Beyond the immediate financial repercussions, a breach can severely damage a company’s reputation and erode the trust it has built with its customers. Encryption is a vital safeguard that transforms data into a format that is unintelligible without the corresponding decryption key.

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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. The breach was believed to have seen 5 million cards compromised.

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Data Breach Breach Database Compromise 92

Payments Source

DECEMBER 24, 2018

Names, email, encrypted passwords and information related to Facebook and other networks are all at risk, according to Marty Puranik, CEO of Atlantic.Net.

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Breach Encryption Risk Data Breach 96

PYMNTS

AUGUST 2, 2019

In a recently reported data breach, Poshmark said it recently learned that an unauthorized third party acquired data from some users. Data involved in the breach includes user profile information specified for public use like first and last name, gender, city and user name.

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Data Breach Breach Encryption Addressing 76

PYMNTS

JANUARY 4, 2019

Following reports of its data breach last year, Marriott said on Friday (Jan. ” However, the company said, “there is no evidence that the unauthorized third party accessed the master encryption key needed to decrypt the encrypted passport numbers.” million encrypted passport numbers in addition to the 5.25

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Data Breach Breach Encryption Database 70

PYMNTS

MAY 19, 2020

BlockFi suffered a “temporary data breach” on May 14 that exposed some customer information, the company reported in an incident report. The company said that a third party breached and used the phone number of a BlockFi staffer to get into a part of the company’s encrypted back-office system without permission.

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Data Breach Breach Digital Currency eWallet 84

Payments Dive

AUGUST 12, 2019

As criminal activity evolves, the challenge is on for companies to keep pace with the latest data breach threats. Download this infographic from TNS which looks at the challenges organizations are facing when developing and evolving their security plans.

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Data Breach Breach Security Encryption 79

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. Data Masking, meanwhile, lets businesses “mask” sensitive data as an alternative to encryption. In a press release on Wednesday (Feb.

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Encryption Compliance Data Breach Data Encryption 51

PYMNTS

OCTOBER 31, 2016

According to the report, the banking regulator said the data breach had to do with a former employee at the agency removing more than 10,000 records without receiving authorization to do so. The data on the thumb drives was encrypted, and there isn’t evidence that shows the data taken was misused or disclosed to anybody.

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Office of the Comptroller of the Currency Data Breach Breach OCC 74

VISTA InfoSec

NOVEMBER 12, 2024

Moreover, it reduces potential financial and reputational damage from data breaches and fines. PCI DSS Requirements for SaaS platforms Network security : SaaS platforms must secure their networks using firewalls, encryption, and other measures to prevent unauthorized access to sensitive data ( Requirement 1.1 ). and 10.2 ).

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PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

Moreover, it reduces potential financial and reputational damage from data breaches and fines. PCI DSS Requirements for SaaS platforms Network security : SaaS platforms must secure their networks using firewalls, encryption, and other measures to prevent unauthorized access to sensitive data ( Requirement 1.1 ). and 10.2 ).

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PCI DSS Compliance Encryption Audit 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. The states’ investigations determined that around 370,000 payment cards were breached, including 8,323 associated with consumers in the state of Maryland.

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PYMNTS

JANUARY 27, 2017

Eric Chiu, cofounder and president of HyTrust , joined this week’s Hacker Tracker to share insights on the SEC examining the Yahoo breaches, why a selfie app may cause more harm than good and how the U.S. Yahoo disclosed a breach of 500 million users’ data in Sept. Yahoo disclosed a breach of 500 million users’ data in Sept.

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Data Breach Breach Security Risk 71

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.

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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.

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Data Breach Breach Request for Comment Database 53

Fi911

MARCH 26, 2024

Once the information is entered, it’s immediately encrypted and sent to the tokenization system. In the event of a data breach, the tokens would be of no value to cybercriminals since they cannot be converted back to the original payment details. Tokenization, on the other hand, replaces sensitive data with a unique identifier.

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PCI DSS Encryption Origination Data Security 97

EBizCharge

OCTOBER 25, 2023

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. According to the 2023 IBM Data Breach Report , the global average cost of data breaches was $4.45 What are data breaches?

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Data Breach Best Practices Breach Phishing 52

PYMNTS

DECEMBER 21, 2016

There was a time when data breaches were not a daily part of consumers’ day-to-day lives. customers found out that their personal information has been in the hands of hackers for the last few years, mostly due to out-of-date encryption and an apparent unwillingness on Yahoo!’ These days, that is just not the world we live in.

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Breach EMV Compromise Push-to-Card 52

PYMNTS

SEPTEMBER 23, 2016

As September is gearing up to go into its last week, the waning warm days of the summer season certainly went out with a bang — care of the largest data breach ever recorded. Sure, Wells Fargo got caught red-handed defrauding and breaching the trust of its customers by creating 2 million fake accounts, but his 8 minute trashing by Sen.

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Data Breach Breach Same Day ACH ACH 68

PYMNTS

DECEMBER 6, 2018

The hackers behind that data breach at Marriott International may have been working for the government of China as part of an intelligence-gathering effort, reported Reuters. In what may be among the largest data breaches in history, Marriott International said Friday morning (Nov.

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Data Breach Breach Database Disputes 55

Payments Source

JULY 30, 2019

Though involving an eye-popping 106 million credit card applicants' information, Capital One's breach was also unusual in a number of ways, including that it was quickly caught via a responsible disclosure program run by the bank.

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Breach Data Breach Credit Cards FBI 68

VISTA InfoSec

JULY 31, 2023

Doing so can help reduce the scope of PCI DSS compliance and minimize the risk of data breaches. Protect Stored Cardholder Data: PCI DSS Requirement 3 reduces risks of storing sensitive data by using encryption, truncation, masking and hashing to protect cardholder data from hackers; thereby ensuring compliance with regulations.

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PCI DSS Security Encryption Compliance 130

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.

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Debit Card Credit Cards Point-of-Sale (POS) Encryption 105

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 v3.2.1 PCI DSS v4.0

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VISTA InfoSec

APRIL 28, 2024

offers essential guidelines and a framework to safeguard cardholders’ data and mitigate any potential data breaches that may occur in banks. Encryption of cardholder’s data across all networks. The Payment Card Industry Data Security Standard (PCI DSS) compliance 4.0 In this blog, we will understand PCI DSS compliance 4.0

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Stax

NOVEMBER 6, 2023

There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. Besides the enhanced data security, other benefits include reduced risk of breaches, easier regulatory compliance, and compatibility with legacy systems.

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Encryption PCI DSS Data Security Origination 88

VISTA InfoSec

APRIL 12, 2024

Moreover, proxies can encrypt your data, adding an extra layer of security that shields sensitive information from hackers and eavesdroppers. Encrypting traffic between the client and the proxy server, especially over public Wi-Fi, ensures that intercepted data remains secure from eavesdroppers, maximizing the security benefits of proxies.

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