VISTA InfoSec

OCTOBER 21, 2024

Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. This article explores the most common cyber security threats targeting SMEs, practical measures to mitigate risks, and essential steps to take in the event of an attack. Let’s get started.

Security 130

Security Phishing Ransomware Risk Assessment 130

The Finance Weekly

DECEMBER 30, 2021

Moreover, how do you ensure data quality, security, and privacy as cybersecurity breaches stubbornly persist? Heightened Data Security A data security breach is one of the CFO’s biggest nightmares. The following are a few practical considerations as waves of new technology continue coming our way.

Technology 130

Technology MSPS Small Business Data Security 130

Fintech Review

MARCH 18, 2025

As banking services went digital, encryption became increasingly important for protecting information. In the late 20th century, banks began adopting cryptographic algorithms to shield data. The Data Encryption Standard (DES) emerged in the 1970s, followed by the RSA algorithm for secure communications.

Security 66

Security Encryption FinTech Breach 66

EBizCharge

OCTOBER 25, 2023

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. According to the 2023 IBM Data Breach Report , the global average cost of data breaches was $4.45 million this year, up 15% over the last three years.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

FloQast

MAY 13, 2024

New legislation, IRS guidance, and auditing standards will address blockchain technology, artificial intelligence, data privacy, cybersecurity, and other emerging issues. Cybersecurity and Data Privacy With the increased digitization of accounting processes, cybersecurity and data privacy have become paramount.

Accounts 52

Accounts Technology Cybersecurity Audit 52

PYMNTS

JANUARY 27, 2017

“It’s shocking that a company of Yahoo’s size and long history could fall prey to such attacks and that there were no countermeasures, such as data encryption, in place to prevent them.”. Yahoo disclosed a breach of 500 million users’ data in Sept. 2013 had compromised even more user data.

Data Breach 71

Data Breach Breach Security Risk 71

Segpay

JUNE 13, 2024

This underscores why businesses must implement robust cybersecurity measures to guarantee secured transactions in this digital landscape. SMBs also fall victim to cyber criminals, as many lack the resources and knowledge to set up threat mitigation strategies, leaving them vulnerable to attacks. Use secure payment methods.

Best Practices 40

Best Practices Processors Transactions Security 40

The Fintech Times

MARCH 18, 2024

These regulations mandate comprehensive measures, including data encryption, secure storage, meticulous access control, and detailed reporting of security breaches or suspicious activities.

Fraud Prevention 59

Fraud Prevention AI Fraud Detection Payments 59

Nanonets

SEPTEMBER 21, 2023

Providing adequate training and support, along with emphasizing how automation can enhance their work and free up time for more strategic tasks, can help mitigate resistance to change. Another challenge in finance automation implementation is managing data security and privacy.

Automation 52

Automation Finance Assessments Compliance 52

Fintech News

MARCH 10, 2024

Remember, user trust is a fragile asset, and only solid commitment to data security can safeguard it. SecIron being a leading provider of mobile app security solutions, equips organisations to safeguard mobile apps and data against mobile malware and a multitude of other threats.

Digital Payments 114

Digital Payments Security Data Encryption Encryption 114