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.

PCI DSS 202

PCI DSS Small Business Assessments Compliance 202

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

Data Breach 92

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.

Process 88

Process Security PCI DSS Encryption 88

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.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

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.

FTC 43

FTC Data Breach Breach Privacy 43

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.

Data Breach 40

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.

Data Breach 71

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. ”

Data Security 62

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.

Compliance 130

Compliance Privacy Processors Legal 130

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.

Data Security 58

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.

Cybersecurity 76

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.

Breach 41

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.

Data Breach 47

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.

Regulations 54

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.

Security 66

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.

Data Breach 75

Data Breach Governance Government Best Practices 75

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

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.

AI 102

AI Process Fraud Detection Compliance 102

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

Breach 63

Breach Data Breach Settlement Payments 63

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.

Database 67

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.

FTC 53

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.

Bitcoin 49

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.

Data Breach 57

Data Breach Encryption Blocks Breach 57

Payment Savvy

SEPTEMBER 5, 2024

Online payment technologies such as encryption and tokenization make them quite secure, eliminating large risks of fraud or theft usually associated with traditional modes of payment. It’s this decentralization that appeals to most people who crave privacy. Thus, the adoption of mobile wallets accelerates at a faster rate.

FinTech 52

FinTech Online and Mobile Banking Payment APIs and Integration Cryptocurrency 52

Nanonets

SEPTEMBER 18, 2024

Implement end-to-end encryption for data in transit and at rest Use role-based access control (RBAC) for sensitive data  Regularly conduct security audits and penetration testing Restrict unauthorized viewing of confidential documents Implement strict guidelines to protect client privacy Consider on-premise deployment for highly sensitive data.

Automation 52

Automation Audit Payment APIs and Integration Compliance 52

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. Furthermore, reasonable measures must be taken to secure sensitive data provided by children.

Settlement 43

Settlement FTC Breach Privacy 43

VISTA InfoSec

APRIL 12, 2024

Moreover, proxies can encrypt your data, adding an extra layer of security that shields sensitive information from hackers and eavesdroppers. Proxies also assist in complying with data protection regulations by anonymizing data and managing access to geolocation-specific content.

Cybersecurity 130

Cybersecurity Best Practices Encryption Privacy 130

PYMNTS

DECEMBER 7, 2018

The past year brought a significantly increased focus on the security and privacy of online data, with not only consumers paying more attention to the issue but (much more importantly) lawmakers holding big tech executives accountable in political hearings. and other places. My main concern is that you have quick fixes,” he said.

Cybersecurity 96

Cybersecurity Payments Privacy Breach 96

EBizCharge

JULY 18, 2024

Enhanced data security The security protocols inherent in EDI payments are rigorous, ensuring that sensitive financial information is protected. This compliance reduces the risk of legal issues and fines, as it guarantees that transactions meet the necessary data security and privacy standards.

ACH 52

ACH Transactions Payments Funds Transfer 52

Neopay

JUNE 27, 2024

This includes secure transmission protocols, encryption mechanisms and effective fraud detection and prevention measures. Data protection: Safeguard customer data in accordance with data protection regulations. Implement strong data privacy controls, including access controls, encryption and regular data backups.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

M2P Fintech

JANUARY 22, 2024

More than 6 million data records were exposed worldwide through data breaches and the average cost of a breach reached $ 6.41 Among all the compromised data types, Personally Identifiable Information (PII) is considered the costliest and most vulnerable. Cybersecurity threats are on the rise.

Correspondent 52

Correspondent Origination Breach Security 52

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.

Encryption 88

Encryption PCI DSS Data Security Origination 88

PYMNTS

OCTOBER 26, 2016

. “There’s no way the guest Wi-Fi at a retailer is going to let you into the point of sale; however, it would let you into the system, which then may be able to get to where the consumer data is,” Tinsley explained, “because they’ve thrown that consumer data on the other side of the firewall from the payment.”.

Payment Security 81

Payment Security Security Identity Theft Compromise 81

PYMNTS

OCTOBER 23, 2018

“Although employee negligence and lost or stolen devices still result in many data breaches, a shift is occurring from accidental loss to intentional targeting of data that reveals individuals’ names, Social Security numbers and other personal information,” the study indicated.

Identity Theft 69

Identity Theft Blockchain Credit Cards Data Breach 69