Remove Credential Remove Multifactor Authentication Remove Security
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Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

This guide makes sensitive cybersecurity concepts approachable to enable smarter decisions in securing your systems against catastrophe. They take advantage of vulnerable software, stolen credentials, tricked employees, business partner access, unencrypted transfers, and even insider threats to penetrate networks. What Gets Breached?

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Multifactor authentication critical for banks, IBM says

Bank Automation

Financial institutions must prioritize multifactor authentication as hackers take advantage of a lack of identity protection. In 2023, cyberattacks using valid credentials to gain access to user accounts increased 71% from 2022, according to IBM’s 2024 X-Force Threat Intelligence Index.

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Chatbot Company Sued By Delta Over Data Breach

PYMNTS

The airline claims that 24[7] fell short of implementing basic security controls like forbidding workers from using the same login credentials or requiring multifactor authentication for employees accessing source code. They then monitored the website activity of the carrier and took data entered by visitors.

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Combating ATOs With Multifactor Authentication, Behaviors Analysis And Customer Education

PYMNTS

Creating secure banking environments without generating undue customer frictions relies on strong front- and back-end approaches to help FIs spot red flags, create login experiences that are harder for bad actors to crack and guide customers on how they can avoid falling victim to ATOs. Customer-Centric Authentication.

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B2B APIs Bring Connectivity, Security To The Cloud

PYMNTS

This also allows hackers to bypass in-app authentication procedures because it can be easier to steal API keys — the credentials developers use to build apps that harness APIs — than contend with apps’ biometric or two-factor authentication (2FA) processes.”. Studies have found that using MFA can prevent more than 99.9

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Deepfakes Threaten To Become The New BEC Scam

PYMNTS

To protect businesses, security experts urge anyone who receives such a request to double- and triple-check with whomever made the initial request. The Pandemic's Security Impact. According to Sadler, "Deepfakes are the next iteration" of BEC, enabling cyberattackers to steal video conferencing credentials or hop on the telephone.

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Balancing Innovation and Security: Digital Payments Insights with Valeri Vanourek of Discover® Global Network

The Fintech Times

However, as the digital payments ecosystem expands, ensuring the security of customer payment information remains a paramount concern. As a result, our focus remains on combating fraud and enhancing security. Merchants must ensure that the checkout process is quick, efficient, and secure, benefiting all parties involved.