article thumbnail

How PCI DSS Compliance Protects Australian Businesses from Data Breaches?

VISTA InfoSec

A brief introduction to PCI DSS PCI DSS is a global data security framework that protects businesses handling cardholder data (CHD) from data breaches, fraud, and identity theft. PCI DSS applies to any and every organization, regardless of size, that accepts, processes, stores, or transmits payment card data.

PCI DSS 165
article thumbnail

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

VISTA InfoSec

For customers exposed to breaches, identity theft risks skyrocket, leading to bank/credit card fraud plus medical/tax/employment fraud. Secure Passwords Enforce complex password requirements, password manager usage, frequent rotation policies, and supporting infrastructure across all accounts with access to sensitive data.

article thumbnail

Securing Mobile Apps Against Malware and Phishing Attacks in Indonesia

Fintech News

The consequences of such attacks are severe, leading to financial losses, identity theft, and reputational damage for both users and financial institutions. Finally, SecIron understands the importance of data privacy. A 2023 report by Kaspersky found that 40.8%

Phishing 117
article thumbnail

Generative AI Unleashed: Transforming Industries with Cutting-Edge Innovation

Segpay

Analyzing patterns and anomalies identifies potential risks associated with identity theft or fraudulent activities. Secure Data Encryption: Generative AI contributes to the development of secure data encryption methods.

AI 105
article thumbnail

Enhancing Data Security: How Exact Payments Protects Onboarding Data

Exact Payments

Cookies often contain session data that can authenticate a user to a website, and securing these is crucial to preventing identity theft. The layer of defense WAFs provide is crucial in maintaining the integrity and security of the data pipeline. The encrypted data is then written to our database.

article thumbnail

How to Safeguard Your Business from Cyber Frauds

Payment Savvy

Cyber frauds can take place in several forms, including: Identity theft is when an attacker gets personal information about an individual and uses it to commit fraud without their consent. Data encryption is the most effective way of protecting yourself from cyber fraud. Understand the Different Cyber Frauds.

article thumbnail

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

PYMNTS

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.”. America’s Data Breach Problem.