Remove Encryption Remove MFA Remove Multifactor Authentication
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New York Bolsters Cybersecurity Requirements

Global Fintech & Digital Assets

Technical Controls The Amendments introduce a number of heightened technical controls, including: Multifactor Authentication: With only very limited exceptions, multifactor authentication (MFA) is now required for “any individual” accessing “any information system” of a covered entity.

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Credit Card Processing for Small Business: Everything You Need to Know

Stax

Once your customer enters credit card information on the checkout page of your website, your payment gateway will encrypt the information and forward it to your payment processor for authorization and settlement. It serves as a link between your website and your payment processor.

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Adversary-in-the-middle fraud: A growing concern for payments providers in 2025

The Payments Association

When the victim enters their credentials, the attacker captures these details and may steal session cookies to bypass multifactor authentication (MFA). Using stolen session cookies, the attacker can authenticate themselves into the victim’s account, gaining unauthorised access to emails or other resources.