Exact Payments

JULY 1, 2024

By Jeremy Smillie, VP of DevSecOps at Exact Payments In an era where data breaches are not just threats but realities, protecting Personally Identifiable Information (PII) is more crucial than ever. At Exact Payments, we understand the magnitude of the responsibility of handling such sensitive data. We implement TLS 1.3,

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

Basis Theory

NOVEMBER 12, 2024

As a merchant, to understand tokenization for your own benefit, it’s critical to understand: What tokenization is, why it’s important for payments, and how it compares to encryption. How developers can use a tokenization platform to secure protected data without the costs and liabilities of building their own system.

Encryption 88

Encryption Payment APIs and Integration PCI DSS Returns 88

Stax

NOVEMBER 6, 2023

Moreover, companies need to follow data privacy and compliance requirements to stay in business. There are various methods of enforcing data security, such as data masking, encryption, authentication, and data tokenization. The resulting token is essentially a proxy and has no real value.

Encryption 88

Encryption PCI DSS Data Security Origination 88

VISTA InfoSec

JANUARY 22, 2024

It boils down to minimizing the risk of data breaches and maximizing the security of cardholder information. This is achieved through a multi-pronged approach: Data Encryption: Requirement 3 mandates the use of strong cryptographic controls such as encryption for stored cardholder data. PCI DSS v3.2.1

PCI DSS 100

PCI DSS Encryption Procedures Authorization 100

Basis Theory

OCTOBER 1, 2024

Whether that is collecting credit card numbers to transmit with a payment gateway, placing details into a shared customer relationship management system, or storing card numbers in an encrypted database—all of this sensitive information must be protected according to the specifics of the PCI-DSS standard.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Segpay

FEBRUARY 21, 2024

Tokenization: Generative AI contributes to the implementation of tokenization, a technique that replaces sensitive data, such as credit card numbers, with unique tokens. These tokens are generated for each transaction, reducing the risk of data breaches. This provides digital payment methods with an additional level of security.

AI 89

AI Innovation Fraud Detection Encryption 89

Clearly Payments

JUNE 7, 2024

Payment Gateway Tokenizes Data Action : The payment gateway API tokenizes the sensitive payment information. Details : Tokenization replaces the sensitive card information with a secure token, reducing the risk of data breaches. Details : The acquiring bank forwards the request to the card network (e.g.,

Payment Gateways 59

Payment Gateways Gateways API Payment APIs and Integration 59

VISTA InfoSec

OCTOBER 21, 2024

The importance of cyber security for SMEs As small and medium enterprises (SMEs) often become prime targets for cyber attacks, resulting in significant financial losses and data breaches, the importance of cyber security can’t be emphasized enough.

Security 130

Security Phishing Ransomware Risk Assessment 130

PYMNTS

JANUARY 27, 2017

As if Yahoo didn’t have enough on its plate, the tech company is now facing a probe from the Securities and Exchange Commission as to whether or not it could have acted more promptly in response to two massive data breaches that left over a billion customers’ information compromised. America’s Data Breach Problem.

Data Breach 71

Data Breach Breach Security Risk 71

EBizCharge

NOVEMBER 27, 2024

Payment processor: The payment processor ensures that the payment data is transmitted securely between the merchant, customer, and issuing bank, enabling real-time approvals or rejections. The gateway acts as the intermediary that collects, encrypts, and transmits transaction data to the payment processor.

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

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

Payment Savvy

DECEMBER 3, 2020

Encrypt and Back-Up Data. An effective cyber fraud strategy should prevent physical access to sensitive data and render that data useless in case it falls into the wrong hands by encrypting it. Data encryption is the most effective way of protecting yourself from cyber fraud.

Encryption 52

Encryption Data Encryption Identity Theft Cybersecurity 52

Stax

JULY 16, 2024

The best way to protect data as it is being transmitted over a network, especially one that is public and open, is to encrypt it. One of the most common ways that cybercriminals get access to cardholder data is when it is being transmitted. Three months of audit trails and logs should be easily accessible for immediate review.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

Exact Payments

FEBRUARY 5, 2024

While this may seem like a significant adjustment, it is, in fact, a positive step toward bolstering security measures and mitigating the potential fallout of any data breach. Change #2: Primary Account Number (PAN) Encryption The security of sensitive information, such as primary account numbers (PANs), is of utmost importance.

ISVS 52

ISVS PCI DSS Encryption Authentication 52

CB Insights

OCTOBER 2, 2018

For example, Facebook recently disclosed that an unprecedented data breach, discovered on September 25, exposed the social media accounts of up to 90 million users — including login credentials — effectively compromising access to any site that lets users log in with their Facebook account.

Data Security 58

Data Security Encryption Security Data Breach 58

PYMNTS

MAY 21, 2018

TeenSafe assures parents that the app “employs industry-leading SSL and vormetric data encryption to secure your child’s data. Your child’s data is encrypted — and remains encrypted — until delivered to you, the parent.”.

Encryption 43

Encryption Data Encryption Duplicate Credential 43

Segpay

JUNE 13, 2024

Compliance with Industry Standards Your business should comply with industry bare minimums like Payment Card Industry Data Security Standard (PCI DSS). PCI DSS compliance sets industry requirements that safeguard payment card data using encryption, firewalls, and regular security audits.

Best Practices 40

Best Practices Processors Transactions Security 40

Nanonets

OCTOBER 1, 2023

• Security: PSPs use encryption and other security measures to protect your customers’ personal and financial information. When evaluating security measures, look for features such as data encryption, fraud detection and prevention, and customer authentication.

Payment Service Provider (PSP) 52

Payment Service Provider (PSP) Service Provider Payments Payment APIs and Integration 52