Seon

SEPTEMBER 28, 2023

The entry point for fraudsters isn’t just a gap in security software but a gap in training. 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 answer is security awareness training.

Security 52

Security Phishing Best Practices Data Breach 52

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. So how can your business stay PCI compliant?

PCI DSS 88

PCI DSS Credit Cards Compliance Process 88

EBizCharge

JULY 19, 2024

When it comes to processing payments, adhering to the Payment Card Industry (PCI) Standards is crucial to ensuring cardholder data is safe and secure. This article will explore five reasons why using PDF forms for payment collection doesn’t meet PCI DSS requirements, highlighting the risks and security gaps inherent in this method.

PCI DSS 52

PCI DSS Compliance Credit Cards Third-Party Service Provider 52

Basis Theory

OCTOBER 1, 2024

By outlining, defining, and enforcing standards for storing, processing, and transmitting cardholder data, the Payment Card Industry Security Standard (PCI DSS) gave organizations a security framework that brought trust and commerce to the internet. Findings of non-compliance or a recent security incident may shift your risk profile.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

EBizCharge

AUGUST 8, 2024

Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data. Encryption, fraud detection systems, and regular security audits protect business financial information and customer payment data.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

PYMNTS

JULY 13, 2020

This means banks need to carefully consider how to maximize their defense strategies while presenting minimal interruption to customers and enabling secure, smooth engagement. FIs have adopted numerous security methods as they seek to protect customers’ accounts from falling into the wrong hands with the right login details.

Credential 58

Credential Bots Authentication Online and Mobile Banking 58

Seon

JANUARY 29, 2024

In this guide, we’ll see why accounts are targeted, how fraudsters acquire them, and, of course, which steps you should take to secure them. Exploiting security vulnerabilities : This is where unpatched security holes are used to gain unauthorized access to a system. Having trouble protecting your user accounts?

Account Takeovers 52

Account Takeovers Accounts Fraud Prevention Fraud Detection 52

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 130

Authentication MFA Cybersecurity Credential 130

Stax

JULY 9, 2024

EFT payments offer a high level of security compared to traditional payment methods. Regulatory and Compliance Issues with EFT Payments Regulatory and compliance issues surrounding EFT payments are critical for ensuring the security and integrity of electronic transactions. Are EFT Payments Safe?

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

Seon

SEPTEMBER 11, 2023

They launch attacks against neobanks, with social engineering and other manipulative tactics being the favored ways to breach their victims’ data. Neobanks should have strict anti-money laundering (AML) and general cyber-security controls in place to protect themselves and avoid penalties.

Identity Theft 52

Identity Theft Money Laundering Account Takeovers Fraud Prevention 52

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. Keep Software And Systems Updated Software updates fortify your digital defenses, patching security loopholes that cyber crooks exploit.

Data Security 208

Data Security Security Encryption Cybersecurity 208

VISTA InfoSec

JANUARY 9, 2024

As we all know, data security is a constantly evolving field, and it’s essential to keep up with the latest standards and requirements. That’s right, the PCI Security Standards Council (SSC) has announced the release of the new and improved PCI DSS v4.0, And mark your calendars, because the current PCI DSS v3.2.1

PCI DSS 113

PCI DSS Procedures Authorization Security 113

PYMNTS

NOVEMBER 17, 2020

This negative experience is due to a number of factors, including ineffective communication, unclear directions on how to access their devices, and tedious processes when setting up their accounts that often require multiple password entries and multifactor authentication (MFA) setup.

Multifactor Authentication 107

Multifactor Authentication Online and Mobile Banking MFA Checks 107

PYMNTS

JUNE 29, 2020

Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick, easy and secure manner across a network of platforms. Security Risks Facing Open Banking. Securing Open Banking Systems.

MFA 96

MFA Risk Security API 96

Nanonets

SEPTEMBER 25, 2024

Data security and compliance Protecting sensitive financial data should be a priority. Encryption ensures data security both when stored and when transmitted.    Limiting access to only authorized personnel, implementing Multi-Factor Authentication (MFA), and employing data masking techniques reduce the risk of data breaches. 

AI 52

AI Process Best Practices Reconciliation 52

FICO

SEPTEMBER 17, 2018

The layer for cybersecurity puts measures in place to monitor the security & internet infrastructure of the organization. However, cybersecurity should also cover active monitoring of the network by qualified network security personnel. [caption id="attachment_36768" align="alignnone" width="700"] Source: FICO Blog[/caption].

Cybersecurity 45

Cybersecurity Multi-Currency MFA ATM 45

FICO

SEPTEMBER 19, 2018

The layer for cybersecurity puts measures in place to monitor the security & internet infrastructure of the organization. However, cybersecurity should also cover active monitoring of the network by qualified network security personnel. [caption id="attachment_36768" align="alignnone" width="700"] Source: FICO Blog[/caption].

Cybersecurity 40

Cybersecurity Multi-Currency MFA ATM 40

Fi911

SEPTEMBER 27, 2023

In an age of rapid tech advancements, the banking industry faces fresh security risks. We’ve moved beyond the era of simple password breaches. This adds a crucial security layer, ensuring the authentication process interacts with a genuine source. Each plays a unique role in building a robust security system.

Security 52

Security Identity Theft Verification Authentication 52

PYMNTS

OCTOBER 21, 2020

Companies charged with protecting people’s data lost ground in 2020, after an abysmal 2019 of breathtaking data breaches. Securing P2P apps as well as other financial accounts will require banks to upgrade their security protocols and customers to take their security more seriously,” per the Playbook.

P2P 56

P2P Security MFA Financial Crimes 56

VISTA InfoSec

FEBRUARY 28, 2024

In our ongoing series of articles on the Payment Card Industry Data Security Standard (PCI DSS), we’ve been examining each requirement in detail. These practices adhere to industry security standards and the NIST Special Publication 800-63 guidelines, supporting the payment ecosystem. Increased minimum lengths for greater security.

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

Seon

JUNE 15, 2023

Accordingly, BEC is not just limited to account takeovers and identity theft, but can also be a means for fraudsters to become imposters looking to subject the target company to further data breaches. Use multi-factor authentication (MFA) to alert you immediately to an unrecognized sign-in attempt.

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

EBizCharge

JULY 16, 2024

Ensuring compliance with NACHA requirements is crucial for financial institutions, as it guarantees the secure, efficient, and reliable handling of electronic payments. Under NACHA’s stewardship, the ACH network processes various payments, including direct payments for payroll, social security benefits, tax refunds, and more.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

PYMNTS

FEBRUARY 8, 2019

IBM data said the average cost of a data breach is $3.86 OneLogin Chief Technology Officer and Founder Thomas Pedersen recently told PYMNTS why overcoming corporate security’s password hurdles doesn’t come without its own headaches. “That’s one area where you see these big breaches.”

Phishing 66

Phishing Payment APIs and Integration MFA Credential 66

Stax

OCTOBER 13, 2024

Comparison of both platforms will use the following criteria: Features Ease of use Integrations Mobile app Customer support Pricing User reviews Scalability Security Learn More What is The Major Difference Between Quicken and QuickBooks? QuickBooks also offers multi-factor authentication (MFA) for added protection.

Small Business 88

Small Business Online and Mobile Banking Encryption Finance 88

EBizCharge

SEPTEMBER 6, 2024

Here are nine integral features that integrated accounting systems offer: Sales tax management Extensive security features Customizations General ledger (GL) automation Simplified billing and invoicing AP automation Project accounting Inventory and sales management Out-of-the-box financial dashboards 1.

Accounts 52

Accounts CRM Automation Audit 52

PYMNTS

NOVEMBER 9, 2017

“I don’t think Alexa is road-ready for true voice biometric determination for an MFA [multi-factor authentication], even in-home,” IntraNext CEO Patrick Brown told Karen Webster in a recent interview. I’m a believer that Alexa’s always getting smarter, but I’d like to learn more about the API security model.”. IntraNext’s response?

Authentication 41

Authentication MFA Fraud Detection Security 41