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 130

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. This is particularly vital for businesses handling sensitive customer information, necessitating strict privacy law adherence and further emphasizing the multifaceted role of proxies in cybersecurity.

Cybersecurity 130

Cybersecurity Best Practices Encryption Privacy 130

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.

Encryption 51

Encryption Compliance Data Breach Data Encryption 51

Fintech Finance

NOVEMBER 28, 2024

This goes beyond current methods of managing sensitive information for individuals and organizations, ensuring data recovery without compromising privacy. “We It offers something that goes beyond encryption alone, empowering users to take control of their digital assets.”

Security 97

Security Transactions NFTs Blockchain 97

Stax

NOVEMBER 6, 2023

Moreover, companies need to follow data privacy and compliance requirements to stay in business. There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. The resulting token is essentially a proxy and has no real value.

Encryption 88

Encryption PCI DSS Data Security Origination 88

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 )

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

Segpay

NOVEMBER 26, 2024

Whether we are setting up a new bank account, making a purchase online, or accessing government services, confirming who we are in the virtual space is crucial to ensuring our security, the protection of our privacy, and the improvement of our user experience. Regulatory compliance is crucial in ensuring data privacy.

Verification 56

Verification Identity Theft Money Laundering Due Diligence 56

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. Our software partners transmit merchant data to our APIs using Transport Layer Security (TLS) encryption. We implement TLS 1.3,

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

Stax

MARCH 15, 2024

The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing.

Process 88

Process Security PCI DSS Encryption 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

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

Data Breach 70

Data Breach Breach Encryption Database 70

EBizCharge

MARCH 18, 2024

From names and addresses to medical insurance and social security, this information must be handled with the utmost care to ensure privacy and security. The Health Insurance Portability and Accountability Act of 1996 (HIPAA) is a federal law that protects the privacy and security of individuals’ health information. What is HIPAA?

Venmo 52

Venmo Zelle Identity Theft Privacy 52

Fintech Review

NOVEMBER 28, 2024

This goes beyond current methods of managing sensitive information for individuals and organizations, ensuring data recovery without compromising privacy. “We It offers something that goes beyond encryption alone, empowering users to take control of their digital assets.” Click here for more information.

Security 52

Security Transactions Privacy Data Security 52

Tearsheet

JULY 1, 2024

Two-factor authentication, encryption and fraud detection are minimum requirements. Security: These payment solutions come with strong security features like advanced encryption and authentication. This reduces fraud risk and addresses data privacy concerns, which, again, helps to build trust between merchants and consumers.

BNPL 105

BNPL Online and Mobile Banking Encryption Payments 105

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.

Data Breach 92

Data Breach Breach Database Compromise 92

Segpay

NOVEMBER 20, 2024

However, pressing concerns about privacy and fraud by cybercriminal networks must be addressed. However, this also brings up critical concerns about privacy, which we will explore later. To address this, many systems now use encryption and secure storage techniques such as on-device storage.

Security 87

Security Technology Privacy Compromise 87

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

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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Breach Data Breach Settlement Payments 63

PYMNTS

OCTOBER 25, 2017

But, a new report by cybersecurity company Thales e-Security suggests data breaches at financial institutions (FIs) are on the rise, and that information technology (IT) professionals who work for these firms are growing increasingly concerned about the issue. In addition, 78 percent also said they plan to increase IT security spending.

Breach 41

Breach Data Breach Encryption Data Security 41

Fintech News

MARCH 10, 2024

From compromised financial data to stolen identities, a single breach can shatter user trust and cripple business operations. This is achieved through a layered defense platform encompassing: Data Encryption: Implementing robust data encryption protocols is a cornerstone of secure mobile payments.

Digital Payments 111

Digital Payments Security Data Encryption Encryption 111

VISTA InfoSec

SEPTEMBER 14, 2023

This extensive data privacy regulation has an impact on many U.S. The GDPR has a considerable influence on data privacy globally, but what does it mean for the US? We will examine the effects of GDPR in the US and how businesses can adhere to this European privacy law. entities due to its extraterritorial reach. GDPR and U.S.

Compliance 130

Compliance Privacy Processors Legal 130

CoinRemitter

MAY 29, 2024

Disadvantages of CBDCs: Privacy Issues: In CBDCs, transactions are recorded on a public ledger. People may be concerned about their financial activities being monitored, which could lead to privacy breaches. Complete Security: Cryptocurrencies prioritize privacy and security.

Cryptocurrency 49

Cryptocurrency Central Bank Digital Currency Privacy 49

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. Each $1 of fraud costs retailers $3.13. .

Transactions 93

Transactions Security Encryption CCPA 93

PYMNTS

OCTOBER 17, 2018

Bluefin, the PCI-validated point-to-point encryption (P2PE) solutions company announced on Wednesday (Oct. The company’s cloud data protection platform provides tokenization, encryption and data vaulting as a unified software as a service for their enterprise customer base. ”

Data Security 62

Data Security Security Data Breach Encryption 62

Segpay

FEBRUARY 7, 2024

Digital payments in the Metaverse are vulnerable to security and privacy breaches. Decentralized identity systems ensure individuals have control over their personal information, reducing the risk of data breaches. Blockchain technology is expected to be crucial in addressing these security concerns.

Payments Trends 83

Payments Trends Metaverse Digital Payments Payments 83

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.

Data Breach 71

Data Breach Breach Security Risk 71

PYMNTS

JANUARY 9, 2018

8, in the Federal Trade Commission’s first children’s privacy case involving connected toys, VTech Electronics Limited and its U.S. The FTC said that VTech had violated the Children’s Online Privacy Protection Act (COPPA) – a U.S. The FTC said that VTech had violated the Children’s Online Privacy Protection Act (COPPA) – a U.S.

FTC 43

FTC Data Breach Breach Privacy 43

PYMNTS

APRIL 24, 2018

The Securities and Exchange Commission (SEC) announced news on Tuesday (April 24) that Altaba , the entity formerly known as Yahoo, has agreed to pay a $35 million penalty to settle charges related to the massive data breach at Yahoo that exposed the personal data of hundreds of millions of users.

Data Breach 40

Data Breach Breach Procedures Assessments 40

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. GET THE 39-PAGE CYBERSECURITY REPORT.

Data Security 58

Data Security Encryption Security Data Breach 58

CB Insights

MARCH 27, 2019

Already this year, at least 30 organizations — including coffee chain Dunkin’ and cloud provider Rubrik — experienced major data breaches. These high-profile data breaches (among many others over the last few years) have put the general public on high alert, with talk of data protection becoming an increasing priority.

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

PYMNTS

JUNE 19, 2019

“The net result is that we can perform this computation without exposing any individual data and only getting the aggregate result,” said Amanda Walker, director of privacy tools and infrastructure engineering at the tech giant. This helped with either adding or removing layers of encryption without affecting the computations.

Encryption 46

Encryption Privacy Data Breach Wires 46

EBizCharge

JULY 24, 2024

P2P payment systems encrypt sensitive data, maintaining privacy and reducing the risk of fraud. These can include encryption, monitoring systems to detect suspicious activity, and user education on best practices to safeguard their accounts. Digital payments rely heavily on these protective measures to safeguard peer payments.

P2P 52

P2P PCI DSS Encryption Fraud Prevention 52

Clearly Payments

MARCH 22, 2024

At the heart of mobile payment systems are Near Field Communication (NFC), Quick Response (QR) codes, and secure elements such as encryption and tokenization. Encryption ensures that data transmitted during a transaction is scrambled and unreadable to unauthorized parties. Security is a critical component of mobile payment technology.

Contactless Payments 100

Contactless Payments Online and Mobile Banking Mobile Payments Payments 100

Payment Savvy

MAY 10, 2024

By implementing robust data controls, the company ensures user privacy while granting access to over 8,000 financial services. The platform prioritizes security and privacy through: Data Protection Plaid employs robust encryption, including AES and TLS, for data both in transit and at rest. How Much Does Plaid Cost?

Payment APIs and Integration 52

Payment APIs and Integration Venmo Privacy Credential 52

PYMNTS

JULY 10, 2019

data protection authority will hit Marriott with a £99 million ($123 million) fine for a breach that exposed the data of up to 383 million guests. Last year the hotel company revealed that guests’ data was accessed, tied to a breach of the Starwood hotel guest reservation database. We deeply regret this incident happened.

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Regulations Due Diligence Breach Data Breach 54

Payment Savvy

JANUARY 27, 2021

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. Use Encryption and Tokenization. Tokenization and encryption handle the data they are attempting to replace differently.

Security 52

Security PCI DSS Encryption Payments 52

The Fintech Times

APRIL 27, 2024

However, many have proven fallible to cybercriminals who are increasingly finding new ways to breach their security. We are advocates for comprehensive privacy measures, emphasising end-to-end encryption, robust authentication mechanisms, and user control over data. ” Where do APIs come into this?

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API Cybersecurity Authentication Security 124