Breach, MFA and Phishing - Payments Space

Understanding the Cyber Risks in Video Communication

VISTA InfoSec

JUNE 19, 2024

Despite these benefits, video communication has security risks, including the following: Phishing Attacks These attacks often manifest as seemingly legitimate emails, messages, or links, leading unsuspecting users to fraudulent websites. Once you follow the link, you enter a fake login page that captures your information.

Risk

Risk Ransomware Phishing MFA

5 Common Cybersecurity Blunders Often Made by Commercial Enterprises

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. Simulated phishing attacks and regular security drills are effective ways to make employees more adept at recognizing and responding to potential threats.

Cybersecurity

Cybersecurity Encryption Breach Phishing

Payment Security: Everything You Need to Know About Secure Payments

Stax

MARCH 4, 2024

It’s also critical to ensure card information is protected from data breaches with secure encryption and cybersecurity standards in place. Multi-factor authentication (MFA) adds additional layers of security by requiring additional verification during the transaction process. What is SSL/TLS?

PCI DSS

PCI DSS Payment Security Security MFA

Webinars

7 Essential Criteria for Choosing the Right Payments Partner

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Call Centers Move Away From KBA With MFA Solutions

PYMNTS

SEPTEMBER 6, 2019

The number of facilities looking for alternatives has doubled since 2018, with 17 percent utilizing MFA to better protect against fraud. The healthcare industry is also busy fending off fraudsters in its contact centers, especially as seniors face an increase in phishing attempts and robocalls.

MFA

MFA Authentication Phishing Verification

Security Awareness Training: What It Is, Its Importance & How to Implement It

Seon

SEPTEMBER 28, 2023

Verizon Business estimates that 74% of data breaches are down to individuals being absent-minded or tricked by social engineering attacks such as phishing emails. The Importance of Security Awareness Training The fact that so many data breaches occur due to human error highlights the importance of security awareness training.

Security

Security Phishing Best Practices Data Breach

What Is Account Takeover Fraud (ATO)? Detection & Prevention

Seon

JANUARY 29, 2024

This could be accidental, or more sophisticated, for example following a mass phishing email campaign. This could be accidental, or more sophisticated, for example following a mass phishing email campaign. To target these accounts, fraudsters often rely on spear-phishing techniques (targeted phishing), or SIM-Swapping attacks.

Account Takeovers

Account Takeovers Accounts Fraud Prevention Fraud Detection

5 Common Types of Fraud that Threaten Neobanks

Seon

SEPTEMBER 11, 2023

Identity theft: Scammers can commit identity theft by using methods like phishing and vishing to impersonate genuine users. They launch attacks against neobanks, with social engineering and other manipulative tactics being the favored ways to breach their victims’ data.

Identity Theft

Identity Theft Money Laundering Account Takeovers Fraud Prevention

Strengthening Cyber Defenses with Multi-Factor Authentication

VISTA InfoSec

NOVEMBER 7, 2023

Mutli-Factor Authentication (MFA) isn’t a new concept. However, despite this, there is still confusion surrounding the mechanism and how it adds to cyber defense. This article unravels the mysteries of MFA and how it can be used to strengthen cyber defenses. Another mechanism that is heavily relied on is MFA.

Authentication

Authentication MFA Cybersecurity Credential

$13.5M Loss Shows Why Layered Fraud Defences Matter

FICO

SEPTEMBER 17, 2018

If there are vulnerabilities such as older versions of systems, outdated SSL certificates, use of poor network protocols, or the suspicion of phishing and malware originating from the organization’s servers, these are flagged and prompt corrective action can be taken. Layer 2 – Authentication.

Cybersecurity

Cybersecurity Multi-Currency MFA ATM

Advanced Data Security: Safeguarding Your Business In The Digital Age

VISTA InfoSec

JUNE 18, 2024

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. Next, analyze potential risks like malware infections, phishing scams, or disgruntled team members leaking sensitive data. Outdated software?

Data Security

Data Security Security Encryption Cybersecurity

$13.5M Loss Shows Why Layered Fraud Defences Matter

FICO

SEPTEMBER 19, 2018

If there are vulnerabilities such as older versions of systems, outdated SSL certificates, use of poor network protocols, or the suspicion of phishing and malware originating from the organization’s servers, these are flagged and prompt corrective action can be taken. Layer 2 – Authentication.

Cybersecurity

Cybersecurity Multi-Currency MFA ATM

Deep Dive: Reducing The Security Risks Of Open Banking

PYMNTS

JUNE 29, 2020

Open banking comes with security risks, however, as a hacker that manages to breach an open banking API can hijack all of the apps that harness this interface to gather data. One 2018 study found that 81 percent of open banking-related breaches were the result of stolen or weak passwords.

MFA

MFA Risk Security API

What Are the Risks of Business Email Compromise & How Can You Prevent Them?

Seon

JUNE 15, 2023

Fraudsters use manipulation tactics such as email-based phishing or take advantage of leaked company data to gain access to – and take over – one or more of the business’s accounts. A BEC attack is when a fraudster gains unauthorized access to a business’s account. The most damaging form of BEC is account takeover (ATO) attacks.

Email Compromise

Email Compromise Compromise Business Email Compromise Risk

When Passwords Become Corporates’ Own Worst Enemy

PYMNTS

FEBRUARY 8, 2019

IBM data said the average cost of a data breach is $3.86 In another, phishing scams will fraudulently request an employee login to Uber or LinkedIn to steal those credentials. Yet, according to Pedersen, most professionals are still not educated on how to spot a phishing attack. million, with U.S. How can you not do that?

Phishing

Phishing Payment APIs and Integration Credential MFA

Understanding the Cyber Risks in Video Communication

5 Common Cybersecurity Blunders Often Made by Commercial Enterprises

Payment Security: Everything You Need to Know About Secure Payments

Webinars

Call Centers Move Away From KBA With MFA Solutions

Security Awareness Training: What It Is, Its Importance & How to Implement It

What Is Account Takeover Fraud (ATO)? Detection & Prevention

5 Common Types of Fraud that Threaten Neobanks

Strengthening Cyber Defenses with Multi-Factor Authentication

$13.5M Loss Shows Why Layered Fraud Defences Matter

Advanced Data Security: Safeguarding Your Business In The Digital Age

$13.5M Loss Shows Why Layered Fraud Defences Matter

Deep Dive: Reducing The Security Risks Of Open Banking

What Are the Risks of Business Email Compromise & How Can You Prevent Them?

When Passwords Become Corporates’ Own Worst Enemy

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