VISTA InfoSec

APRIL 5, 2024

Data privacy and security Protecting your data and taking preventive measures to keep it away from fraudsters is important in the era of remote work. The following are some of the consequences when data privacy and security are compromised: Productivity loss. Data breaches don’t easily get overlooked.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

PYMNTS

JANUARY 4, 2019

Following reports of its data breach last year, Marriott said on Friday (Jan. ” However, the company said, “there is no evidence that the unauthorized third party accessed the master encryption key needed to decrypt the encrypted passport numbers.” million encrypted passport numbers in addition to the 5.25

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Data Breach Breach Encryption Database 70

PYMNTS

FEBRUARY 21, 2019

Security and technology consulting company Accutive is rolling out a new solution designed to give enterprises an alternative to data encryption to protect sensitive information. 20), Accutive said it is launching its Data Discovery and Data Masking solutions. In a press release on Wednesday (Feb.

Encryption 51

Encryption Compliance Data Breach Data Encryption 51

Stax

NOVEMBER 6, 2023

Loss, corruption, improper use, and unwanted access to a company’s data assets can lead to immense negative publicity, which in turn can cause irreparable reputation damage, fines, sanctions, and loss of profits. Moreover, companies need to follow data privacy and compliance requirements to stay in business.

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Encryption PCI DSS Data Security Origination 88

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

VISTA InfoSec

MAY 24, 2024

Understanding PCI DSS Developed by the Payment Card Industry Security Standards Council (PCI SSC), it is mandatory for all businesses to be PCI compliant to protect cardholders, companies, the Merchants and Service Providers they do business with from data breaches, fraud, and unauthorized access.

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PCI DSS Small Business Assessments Compliance 243

PYMNTS

DECEMBER 31, 2018

So far this year (and there’s still one more day), Verizon reported that there have been 2,216 confirmed data breaches across 65 countries. Even more disturbing, perhaps, is that 68 percent of those breaches took months for the breached companies to discover. According to early reports, the data breach impacted 0.5

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Data Breach Breach Database Compromise 92

Stax

MARCH 15, 2024

The primary security standards that payment systems typically adhere to include: Payment Card Industry Data Security Standard (PCI DSS): PCI DSS sets forth requirements for securing payment card data, including encryption, access control, network monitoring, and regular security testing.

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Process Security PCI DSS Encryption 88

PYMNTS

JANUARY 9, 2018

8, in the Federal Trade Commission’s first children’s privacy case involving connected toys, VTech Electronics Limited and its U.S. The FTC said that VTech had violated the Children’s Online Privacy Protection Act (COPPA) – a U.S. The FTC said that VTech had violated the Children’s Online Privacy Protection Act (COPPA) – a U.S.

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FTC Data Breach Breach Privacy 43

VISTA InfoSec

JULY 31, 2023

Segregation of Networks: This involves isolating the cardholder data environment (CDE) from the rest of the business’s network. Doing so can help reduce the scope of PCI DSS compliance and minimize the risk of data breaches. Hackers target data in transit, making it important to implement safeguards and encryption measures.

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PCI DSS Security Encryption Compliance 130

PYMNTS

APRIL 24, 2018

The Securities and Exchange Commission (SEC) announced news on Tuesday (April 24) that Altaba , the entity formerly known as Yahoo, has agreed to pay a $35 million penalty to settle charges related to the massive data breach at Yahoo that exposed the personal data of hundreds of millions of users.

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Data Breach Breach Procedures Assessments 40

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.

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Data Breach Breach Security Risk 71

PYMNTS

OCTOBER 17, 2018

Bluefin, the PCI-validated point-to-point encryption (P2PE) solutions company announced on Wednesday (Oct. 17) that it has partnered with TokenEx for data security. TokenEx fights data theft while also helping companies reduce the costs associated with PCI compliance. ”

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Data Security Security Data Breach Encryption 62

VISTA InfoSec

SEPTEMBER 14, 2023

If your business engages with these customers, it is subject to the EU’s General Data Protection Regulation (GDPR). This extensive data privacy regulation has an impact on many U.S. million) by Luxembourg’s National Commission for Data Protection (NCDP). Data Controller Classification: This implies that any U.S.

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Compliance Privacy Processors Legal 130

PYMNTS

JUNE 19, 2019

“The net result is that we can perform this computation without exposing any individual data and only getting the aggregate result,” said Amanda Walker, director of privacy tools and infrastructure engineering at the tech giant. This helped with either adding or removing layers of encryption without affecting the computations.

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Encryption Privacy Data Breach Wires 46

Segpay

FEBRUARY 7, 2024

Digital payments in the Metaverse are vulnerable to security and privacy breaches. Decentralized identity systems ensure individuals have control over their personal information, reducing the risk of data breaches. Blockchain technology is expected to be crucial in addressing these security concerns.

Payments Trends 83

Payments Trends Metaverse Digital Payments Payments 83

EBizCharge

JULY 24, 2024

P2P payment systems encrypt sensitive data, maintaining privacy and reducing the risk of fraud. These can include encryption, monitoring systems to detect suspicious activity, and user education on best practices to safeguard their accounts.

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P2P PCI DSS Encryption Fraud Prevention 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. The Future of Data Security.

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Data Security Encryption Security Data Breach 58

CB Insights

MARCH 27, 2019

Already this year, at least 30 organizations — including coffee chain Dunkin’ and cloud provider Rubrik — experienced major data breaches. Read our future of data security report for more on this topic. ). Cybersecurity is a hot topic today. Most recently, Dow Jones saw over 2.4M The Controversies.

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Cybersecurity Encryption Data Breach Breach 76

PYMNTS

OCTOBER 25, 2017

Of all the sensitive personal data consumers and businesses would rather not see compromised, financial data is surely toward the top of the list. Nearly one-quarter of those 42 percent said the data breach occurred in the last year, up from 19 percent in 2016. Despite this, though, data security seems to be lagging.

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Breach Data Breach Encryption Data Security 41

PYMNTS

APRIL 30, 2018

Access Group Education Lending, the student loan servicing company, has been the subject of a data breach. Fox Business , citing a letter sent to those impacted, reported that 16,500 borrowers were recently alerted to the fact that files containing their personal data were improperly given to an unnamed business.

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Data Breach Breach Social Security Encryption 47

PYMNTS

JULY 10, 2019

The company also stated that credit card data may have been compromised even though it had been encrypted. We take the privacy and security of guest information very seriously and continue to work hard to meet the standard of excellence that our guests expect from Marriott.” We deeply regret this incident happened.

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Regulations Due Diligence Breach Data Breach 54

PYMNTS

AUGUST 21, 2019

Along with the growing popularity of IoT devices, from fitness wearables to smart fridges, comes increased security and privacy issues. Mounting data breaches and device vulnerabilities have prompted wariness around IoT adoption. And many don’t think the onus should be on the consumer. The Corporate Perspective.

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Security Data Breach Encryption Breach 66

PYMNTS

MAY 24, 2019

However, with this growth comes the increased risk of data breaches and fraud. It has also raised concerns among privacy advocates and security experts, with many warning against the dangers of weak security protocols and constant vigilance. For more on these and other IoT news items, download this month’s Tracker.

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Data Breach Governance Government Best Practices 75

Fintech Review

NOVEMBER 19, 2023

Improved Data Security Photo by Pixabay on Pexels.com Online businesses are constantly in danger from data leaks and cyberattacks. Due to the decentralized and encrypted structure of a blockchain, data saved on it is extremely secure. Blockchain technology can reduce these hazards.

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Blockchain Technology Microtransactions Duplicate 52

PYMNTS

AUGUST 7, 2017

The triPOS Cloud is designed to proactively help protect customer data via Vantiv’s encryption and tokenization technologies. In a press release, Vantiv said the cloud-based payment product is designed to provide leading-edge capabilities to any software provider implementing payments functionality.

Payment APIs and Integration 72

Payment APIs and Integration ISVS API Point-of-Sale (POS) 72

PYMNTS

SEPTEMBER 17, 2019

FinTechs like Modo, however, disclose what technology they use to collect data around product usage (and what telemetry they take in.) They make sure the client can present that information in their privacy policies. In terms of data stewardship, Lee said, “it’s all about taking ownership” of the data that is collected.

FinTech 80

FinTech Compliance Breach Regulations 80

National Merchants Association

AUGUST 17, 2023

Not all portals are the same, and fraud and data breaches can still occur. Sixty-five percent of consumers would end a relationship with a merchant after a single incident of payment fraud or data theft, so consider additional security solutions to safeguard your online business. So how can you stop this from happening?

Payment Security 52

Payment Security Security Debit Card Credential 52

PYMNTS

JANUARY 9, 2019

According to Frosh, the data breach lasted, which lasted for several months back in 2013, compromised the names and payment card data that Neiman Marcus collected at retail stores around the country. In a press release , the Maryland AG said Neiman Marcus agreed to pay $1.5

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Breach Data Breach Settlement Payments 63

Nanonets

DECEMBER 13, 2023

Data Privacy and Security Compliance: AI systems can enhance data privacy and security compliance by implementing robust encryption methods and access controls. Ensuring that sensitive information is handled and stored securely aligns with regulatory mandates, such as data protection laws.

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AI Process Fraud Detection Compliance 102

Stax

JANUARY 15, 2024

The PCI Security Standards Council (PCI SSC) has robust measures to protect cardholder information and prevent unauthorized access, fraud, and data breaches. End-to-end encryption. Implementing end-to-end encryption helps protect sensitive customer data throughout its lifecycle—i.e.,

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Nanonets

JUNE 27, 2023

Document digitization provides enhanced security measures, such as encryption, access controls, and backup options, ensuring the confidentiality and integrity of sensitive information. Throughout the process, it's essential to maintain data security and confidentiality.

Product 52

Product Disaster Recovery Automation Compliance 52

PYMNTS

NOVEMBER 7, 2018

Diachenko said the database was mostly encrypted, but that certain data sets included readable data. million records that were encrypted and were managed by a third-party company instead of Amex’s own team. 25, and told The Next Web that it included customer names, phone numbers, addresses, PAN numbers and Aadhaar IDs.

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Database Encryption Adjustments Consulting 67

PYMNTS

DECEMBER 20, 2016

While Keegan admitted this may seem almost contradictory, it’s actually driven by cash still being utilized heavily in a number of geographical markets and the fact that people are still concerned about privacy and fraud. Security and data breaches are going to be there, but what we have to do is try to secure that environment.

Retail Payments 43

Retail Payments Security Alternative Payment Methods Payments 43

PYMNTS

APRIL 25, 2019

Two consumer websites have settled with the Federal Trade Commission (FTC) over allegations that they did not secure consumers’ data, allowing hackers to breach both sites. Instead, the website failed to implement minimal data security measures, and stored personal information in clear text with no encryption.

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FTC Data Security Security Consumer 53

PYMNTS

JULY 27, 2017

When it comes to personal information, especially data linked to payment accounts, the level of privacy and accuracy of security are key in keeping the retail world spinning. From Target to Citigroup , Home Depot and Michaels , retail and financial data breaches have been going on for years.

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Bitcoin Security Cryptocurrency Data Breach 49

PYMNTS

OCTOBER 8, 2018

With security front and center on many consumers’ minds given the data breaches at Facebook , the company said it has designed the devices with security in mind. For example, the device comes with a camera cover so users can block the camera’s lens, and all video calls are encrypted.

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Data Breach Encryption Blocks Breach 57