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New York Proposes Major Changes to Cybersecurity Regulation

FICO

These requirements are consistent with ISO 27001 standards and leading industry practices. The requirements also mandate that organizations include these enhanced standards in their contracts with third-party service providers. Annual certification.

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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

Independent Sales Organization (ISO) A third-party organization that contracts with payment processors to sell merchant accounts and processing services. Payment Gateway A service that enables merchants to accept electronic payments from customers through a website or mobile application.

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