PYMNTS

JULY 15, 2020

A former Coinbase user, Jim Harper, is looking to protect his privacy from the IRS through a lawsuit, CoinDesk reported. The LAED Act would end encrypted communications, giving law enforcement a backdoor to access the data with a court order. Meanwhile, Grayscale reported its largest quarterly inflows with $905.8

IRS 61

IRS Encryption Privacy Law Enforcement 61

Segpay

OCTOBER 17, 2024

Enhanced Privacy: This method requires less personal data collection compared to user-based verification. Data Privacy : User-based verification collects and stores more personal data, which can raise privacy concerns. Some countries and regions already encourage privacy-friendly age verification.

Verification 104

Verification Privacy Laws Compliance 104

PYMNTS

MARCH 8, 2019

Twitter isn’t the only social media site looking to boost its privacy measures. Earlier this week Facebook announced that it will embrace “privacy-focused” communications via encryption services. In addition, the company will not store “sensitive data” in countries that have weak track records on privacy or human rights.

Privacy 62

Privacy Encryption Blocks Consulting 62

PYMNTS

MARCH 6, 2019

Social media giant Facebook will embrace what CEO Mark Zuckerberg has termed “privacy-focused” communications marked by encrypted services, the executive said in a blog post on Wednesday (March 6). Messages would last a short amount of time, spanning seconds or minutes.

Encryption 43

Encryption Privacy Interoperability Blocks 43

PYMNTS

DECEMBER 11, 2019

10) over the companies’ decision to use encryption technology, according to a report by Reuters. Facebook announced end-to-end encryption throughout all of its messaging earlier in 2019, and its WhatsApp service has been encrypted practically since its inception. . That is not something we are prepared to do.”.

Law Enforcement 52

Law Enforcement Encryption Laws Privacy 52

PYMNTS

DECEMBER 11, 2019

10) over the companies’ decision to use encryption technology, according to a report by Reuters. Facebook announced end-to-end encryption throughout all of its messaging earlier in 2019, and its WhatsApp service has been encrypted practically since its inception. . That is not something we are prepared to do.”.

Law Enforcement 52

Law Enforcement Encryption Laws Privacy 52

VISTA InfoSec

MARCH 28, 2024

Always provide clear, easily understandable privacy policies, and obtain explicit consent before collecting personal information. Data Security To secure customer data, employ encryption for data at rest and in transit. This means encrypting data on your servers and any data being sent over the internet.

Data Breach 249

Data Breach Regulatory Compliance Breach Encryption 249

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. Operational interruption happens when cybersecurity is breached.

Best Practices 262

Best Practices Business Continuity Continuity Compromise 262

Payments Source

MARCH 22, 2016

The tension between the desire of government agencies to gain more access with greater ease, and the public’s evolving perception of data privacy rights, is ongoing and writ large in the case of FBI vs. Apple, which brings the complexities regarding security technology such as encryption to light.

FBI 68

FBI Encryption Disputes Privacy 68

PYMNTS

NOVEMBER 6, 2019

Facebook said it is going to enhance encryption capabilities on its Messenger communication platform, despite requests from lawmakers and regulators not to do so because of the potential result that pedophiles and criminals will be harder to track. The new changes have been lauded by civil rights organizations and technology experts, however.

Encryption 45

Encryption Regulations Law Enforcement Privacy 45

PYMNTS

MARCH 6, 2019

The Federal Trade Commission (FTC) has requested comment on the proposed amendments of two rules that protect the privacy and security of customer data held by financial institutions (FIs). The proposed changes are related to the Safeguards Rule and the Privacy Rule under the Gramm-Leach-Bliley Act.

FTC 60

FTC Privacy Consumer Financial Protection Bureau (CFPB) Security 60

PYMNTS

DECEMBER 28, 2018

According to recently published research, privacy concerns have caused 66 percent of American and European early adopters to delay smart home device purchases. With even the most eager consumers keeping a wary eye on new features, platform providers must make careful design choices to woo privacy-conscious customers. .

Privacy 64

Privacy AI Encryption Security 64

PYMNTS

JUNE 12, 2019

The Wall Street Journal is reporting that there are emails sent by Facebook CEO Mark Zuckerberg that possibly link him to troublesome privacy issues at the company. Facebook has been functioning under a consent decree it agreed to with the FCC in 2012, after a scandal with Cambridge Analytica regarding data privacy.

Privacy 53

Privacy FTC Federal Trade Commission Settlement 53

PYMNTS

OCTOBER 8, 2019

Digital identity verification can come with privacy concerns. Using facial recognition technology and other biometric data is still controversial, but privacy concerns can also swing in the other direction. The fear is that encryption could enable criminal activity. Privacy and Security Concerns. billion.

Privacy 44

Privacy Verification Authentication Encryption 44

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. Data Masking, meanwhile, lets businesses “mask” sensitive data as an alternative to encryption. In a press release on Wednesday (Feb.

Encryption 51

Encryption Compliance Data Breach Data Encryption 51

PYMNTS

MAY 25, 2016

Apple’s encryption battle against the FBI may have simmered down, but Apple is not backing down on further bolstering the security of its devices. In his time at Apple, Callas built an encryption system to safeguard data stored on Mac computers. and Silent Circle, Reuters reported.

Encryption 40

Encryption FBI Law Enforcement Compromise 40

PYMNTS

JANUARY 9, 2019

Apple has reportedly hired Sandy Parakilas, an ex-Facebook employee who became a prominent critic of the company, as part of its privacy team. According to Financial Times , Parakilas monitored privacy and policy compliance of software developers for Facebook for 18 months before he left in October of 2012.

Privacy 49

Privacy Encryption Consulting Compliance 49

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

Tearsheet

JULY 1, 2024

Two-factor authentication, encryption and fraud detection are minimum requirements. Security: These payment solutions come with strong security features like advanced encryption and authentication. This reduces fraud risk and addresses data privacy concerns, which, again, helps to build trust between merchants and consumers.

BNPL 105

BNPL Online and Mobile Banking Encryption Payments 105

PYMNTS

APRIL 13, 2020

The data, collected in an encrypted manner, will be protected with multiple safeguards in line with restricting its access to only those who need to see it. Thus, there should be no way a person can be re-identified after giving their data to the app.

Privacy 93

Privacy Request for Information Encryption Agreements 93

The Fintech Times

AUGUST 21, 2024

As part of Sav’s commitment to privacy and security, user data is only used to provide insights into users’ financial reality and help them shape it. Mithil Ajmera , co-founder and COO of Sav, also added: “At Sav, we are deeply committed to user privacy and security. Users can revoke consent at any time.

Finance 59

Finance Privacy Encryption Security 59

Fintech Finance

MARCH 12, 2024

requirements for data security at rest move beyond disk-level encryption to protection within applications. comforte’s Data Security Platform meets this requirement by inserting a protection layer into applications that buffers for tokenization or encryption of sensitive data. PCI DSS v4.0 Deissner, CEO at comforte AG.

PCI DSS 52

PCI DSS Compliance Encryption Real Time Payments 52

PYMNTS

OCTOBER 18, 2018

According to CNBC , the tech giant has also released additional enhanced privacy features with its new website and new iOS 12 operating system for iPhones and iPads. The company is focusing on privacy as well, including end-to-end encryption for its Group FaceTime video chat product, as well as the new “Screentime” feature.

Privacy 49

Privacy Encryption Product Security 49

PYMNTS

APRIL 24, 2019

More consumers keep using Facebook even as the social network said on Wednesday (April 24) that it faces a fine of between $3 billion and $5 billion from the Federal Trade Commission over privacy. The anticipated and one-time fine that Facebook will pay to the FTC stems from the agency’s investigation into Facebook’s privacy practices.

Privacy 43

Privacy FTC Federal Trade Commission Payments 43

PYMNTS

SEPTEMBER 27, 2019

And data privacy startup StrongSalt raised $3 million from Valley Capital Partners to bring standardized encryption techniques to the blockchain. StrongSalt is planning to release its API product later this year. StrongSalt is chain-agnostic, as we can work with almost any blockchain,” StrongSalt CEO Ed Yu told CoinDesk.

Encryption 47

Encryption Blockchain Bitcoin Interoperability 47

PYMNTS

APRIL 14, 2016

Tensions between Washington and Silicon Valley may heat up with the circulation of the latest proposal from lawmakers that would force private companies to unlock encrypted devices and technology at the request of a court order. Dianne Feinstein are requesting input on the proposed legislation.

Encryption 40

Encryption Law Enforcement Laws Government 40

NFCW

JUNE 25, 2024

” “Privacy and security are fundamental to the development of all Apple payment features,” the iPhone maker adds. “All transactions made with Tap to Pay on iPhone are encrypted and processed in the Secure Element, and as with Apple Pay, Apple has no knowledge of what is being purchased or who is buying it.”

Debit Card 70

Debit Card Contactless Payments Encryption Privacy 70

PYMNTS

MARCH 24, 2016

SECURITY AND PRIVACY — CAN WE HAVE IT ALL? “Encryption is one of the best ways to protect data. With respect to payments specifically, where the encryption of payment information is a vastly different issue than the encryption of communication channels, the balance of having both security and privacy may be more achievable.

Encryption 41

Encryption Compromise Privacy Credential 41

VISTA InfoSec

JULY 17, 2024

Encrypting messages and choosing secure ways to talk online are keys to keeping secrets safe in any language. Use encryption and strong passwords to protect messages. The EU has GDPR , while the US sticks to HIPAA for health data and CCPA in California for consumer privacy. Think about the various regulations around the world.

Cybersecurity 186

Cybersecurity Compliance Encryption Best Practices 186

PYMNTS

MAY 12, 2016

The head of the Federal Bureau of Investigation, Director James Comey, said on Wednesday (May 11) that more litigation looms over devices that are mobile and consumer-oriented and that encryption remains a form of “essential tradecraft” among terrorist groups, as reported by Reuters.

FBI 40

FBI Encryption Privacy Legal 40

Fintech Finance

DECEMBER 12, 2023

The sensor module also features additional privacy layers and advanced encryption to further enhance card security. The sensors deliver increased image quality and processing speed with improved power efficiency for biometric cards.

Visa 87

Visa Encryption Privacy Agreements 87

CoinRemitter

MAY 29, 2024

Disadvantages of CBDCs: Privacy Issues: In CBDCs, transactions are recorded on a public ledger. People may be concerned about their financial activities being monitored, which could lead to privacy breaches. Complete Security: Cryptocurrencies prioritize privacy and security.

Cryptocurrency 49

Cryptocurrency Central Bank Digital Currency Privacy 49

Fintech Finance

JUNE 17, 2024

” Security and privacy are at the core of Apple Pay. Instead, a unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element, an industry-standard, certified chip designed to store the payment information safely on the device.

Cryptocurrency 98

Cryptocurrency Debit Card Encryption CHIPS 98

PYMNTS

JULY 6, 2016

It almost seems like Google and the Android OS are on the precipice of something never before seen in consumer electronics market share — or that would be the case if Android hadn’t just suffered a potentially unrecoverable blow to its encryption credibility.

Encryption 42

Encryption Value Added Service Law Enforcement Privacy 42

VISTA InfoSec

SEPTEMBER 14, 2023

This extensive data privacy regulation has an impact on many U.S. The GDPR has a considerable influence on data privacy globally, but what does it mean for the US? We will examine the effects of GDPR in the US and how businesses can adhere to this European privacy law. entities due to its extraterritorial reach. GDPR and U.S.

Compliance 130

Compliance Privacy Processors Legal 130

The Paypers

OCTOBER 13, 2016

(The Paypers) Vaultive , has teamed up with Gemalto , to offer an integrated encryption and key management solution for data privacy and compliance for cloud environments.

Encryption 31

Encryption Privacy Compliance 31

The Paypers

MAY 3, 2016

has announced the expansion of its communications privacy tools incorporating end-to-end encryption to eliminate the threat of email interception. (The Paypers) MsgSafe.io

Encryption 28

Encryption Privacy 28