Basis Theory

NOVEMBER 12, 2024

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.

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

VISTA InfoSec

FEBRUARY 25, 2024

Virtually every industry faces data breach risks today as sensitive information gets digitized and networked across cloud platforms. But some data types see higher breach rates than others.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

Exact Payments

JULY 1, 2024

The layer of defense WAFs provide is crucial in maintaining the integrity and security of the data pipeline. Data Encryption and Management Sensitive pieces of PII are encrypted with unique keys as soon as our APIs index them. The encrypted data is then written to our database.

Data Security 52

Data Security Security Encryption Payment APIs and Integration 52

PYMNTS

JANUARY 27, 2017

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.”. Social Security numbers were exposed in more than half of all breaches last year.

Data Breach 71

Data Breach Breach Security Risk 71

Stax

NOVEMBER 6, 2023

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.

Encryption 88

Encryption PCI DSS Data Security Origination 88

EBizCharge

OCTOBER 25, 2023

An incident is only considered a data breach if the confidentiality of data is compromised. Sensitive or confidential data can include customer data records, bank account numbers, Social Security numbers, healthcare information, intellectual property, etc.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

Stax

SEPTEMBER 17, 2024

On top of that, financial institutions have various security measures, such as data encryption, and other strict banking protocols to enhance security. They are regulated and protected by various financial industry standards and government regulations.

Wire Transfer 88

Wire Transfer Wire Wires ACH 88