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Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

A data breach could ruin your business overnight. Are you prepared to deal with regulatory fines, lawsuits, costly investigations, disrupted operations, and destroyed trust while cybercriminals profit freely from stolen data? That’s the harsh aftermath companies face today following high-profile breaches.

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How To Prevent Data Breaches: 15 Best Practices

EBizCharge

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 What are data breaches?

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Enhancing Data Security: How Exact Payments Protects Onboarding Data

Exact Payments

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.

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Hacker Tracker: Yahoo In Hot Water, Selfie Security Risks, US Data Breaches Surge

PYMNTS

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.

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What Is Data Tokenization and How Does It Work?

Stax

Tokenization vs encryption Data encryption is another popular data security technique where data is transformed into an illegible format. In contrast, tokenization does not depend on keys or encryption algorithms, as random data is mapped to and replaces sensitive data.

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What to Know About Tokenization

Basis Theory

Today, we can tokenize anything from credit card primary account numbers (PAN) to one-time debit card transactions or social security numbers. 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.

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Securing Financial Transactions: Best Practices Amidst Cyberattacks on Payment Processors

Segpay

PCI DSS compliance sets industry requirements that safeguard payment card data using encryption, firewalls, and regular security audits. These guidelines significantly reduce the risk of your business’s vulnerability to data breaches. Verizon’s 2021 report found that 85% of breaches involved a human element.