Remove Breach Remove Enrollments Remove Identity Theft
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Healthcare.gov Hack Exposes Consumer Data

PYMNTS

The Centers for Medicare and Medicaid Services ( CMS ) confirmed on its website that it was the victim of a data breach in October — the Marketplace system used for agents and brokers was hacked. Please be assured that all information will be protected during Open Enrollment,” CMS wrote in the letter. “At

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Guarding the Gates: Data Compliance and Privacy

Segpay

Data Storage and Security: Regulations demand strict security measures to protect stored data, especially biometric or sensitive information used for identity verification. If a breach occurs, identity data, once compromised, is hard to restore. What are the important technologies for data privacy?

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What is Click to Pay and How Does It Work?

Stax

Enhanced securitytokenization and two-factor authentication reduces the risk of data breaches As we mentioned earlier, Click to Pay uses a data security approach called tokenization to protect sensitive financial data from malevolent actors. Sensitive data may be stored on servers, increasing the risk of breaches.

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Deep Dive: How College Onboarding Is Getting A Remote Push During The Pandemic

PYMNTS

Universities working to enroll thousands of new students online face many of the same challenges that currently plague financial institutions (FIs) and insurance firms: They are struggling to keep out bad actors while managing surges in digital interactions. percent of all breaches reported during that year.

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GIACT On Why Faster Payments Don’t Have To Mean Faster Fraud

PYMNTS

If businesses understand the customer they have enrolled, and they know who they are consistently, there are a lot fewer issues with running payments in real time or same day. The problem may be visible with the payment, but it started at the enrollment process when the criminal was allowed access into the system. What’s Next.

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How Banks Are Using AI, ML To Fight Account Opening Fraud

PYMNTS

The threat of a data breach is now an ever-present part of life for customers and the banks that serve them. A reported 3,813 data breaches across a number of industries — collectively exposing 4.1 billion customer records — occurred in the first six months of 2019, for example. billion stolen credentials.

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Jumio On The Laws Of Big (Scary) Data Breach Numbers

PYMNTS

When it comes to the bond between consumer and financial services, no doubt the relationship is a bit, well, frayed in the age of data breaches and the Dark Web. In the latest Data Drivers, Karen Webster and Philipp Pointner, chief product officer at Jumio , delved into some scary data points surrounding those aforementioned breaches.