VISTA InfoSec

SEPTEMBER 25, 2024

To mitigate these risks, it’s essential to implement strong cybersecurity measures during the transition to CCaaS. Authentication: Implement multi-factor authentication (MFA) to add an extra layer of security to your system. CCaaS platforms deal with large amounts of sensitive customer data, making them a target for cyberattacks.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

VISTA InfoSec

OCTOBER 21, 2024

To mitigate these risks, it’s essential to implement strong cybersecurity measures during the transition to CCaaS. Authentication: Implement multi-factor authentication (MFA) to add an extra layer of security to your system. CCaaS platforms deal with large amounts of sensitive customer data, making them a target for cyberattacks.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

EBizCharge

MARCH 18, 2025

To mitigate these risks and secure financial data, pairing your Sage 100 with a secure payment gateway provider with robust security features is key. By regularly reviewing procedures, merchants can proactively address and mitigate potential issues early to protect against data breaches and maintain compliance with industry regulations.

Credit Cards 52

Credit Cards Process Security Data Breach 52

VISTA InfoSec

DECEMBER 19, 2024

Use multi-factor authentication (MFA) for SWIFT interfaces and applications. Test the IRP periodically to ensure its effectiveness in mitigating cyber incidents. Use surveillance and access controls for server rooms and data centers. Access Control Implement role-based access controls (RBAC) to limit access to critical systems.

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

Stax

MARCH 4, 2024

Multi-factor authentication (MFA) adds additional layers of security by requiring additional verification during the transaction process. Many people use MFA when making purchases through Apple Pay, for example, using Face ID or a passcode to complete a purchase. What is SSL/TLS? Q: What is the most secure online payment method?

PCI DSS 88

PCI DSS Payment Security Security MFA 88

PYMNTS

NOVEMBER 17, 2020

The following Deep Dive explores how robust digital identity practices can help mitigate both of these problems. Leveraging advanced digital ID solutions could be the answer to both reducing onboarding frictions and mitigating SIM swap fraud risks. How Onboarding Harshens The New Phone Buzz.

Multifactor Authentication 107

Multifactor Authentication Online and Mobile Banking Checks MFA 107

Fi911

JANUARY 18, 2024

Multi-Factor Authentication (MFA) Implementing MFA for customer authentication can significantly enhance security. Timely responses can help mitigate the impact on affected customers and prevent further losses. At the end of the day, the fight against fraud is a collaborative effort across every industry and vertical.

Account Takeovers 93

Account Takeovers MFA Fraud Detection Credit Cards 93

PYMNTS

JUNE 3, 2020

The shift to APIs to process these payments has mitigated many of these issues, but it has also opened up new avenues for fraud. This month’s Deep Dive explores how fraudsters are leveraging a multitude of tactics to infiltrate bank APIs, as well as how tools such as multi-factor authentication (MFA) and ML are being wielded to stop them.

Real Time Payments 75

Real Time Payments API B2B MFA 75

The Payments Association

OCTOBER 22, 2024

Mitigating APP fraud While refunds provide some level of protection for individuals, they are perceived as a constant burden for financial institutions. To effectively mitigate and detect APP fraud, financial institutions should adopt a multi-layered strategy to fight AI with AI.

Rules 88

Rules Fraud Prevention Caps Deepfake 88

The Fintech Times

MAY 24, 2024

Only 45 per cent of global organisations have implemented multi-factor authentication (MFA). Smart leaders know they need to level up yet so many organisations don’t have the right guardrails in place to mitigate or prevent these kinds of threats. Fraud is on the rise, and it’s getting worse with AI.

Authentication 59

Authentication MFA Deepfake AI 59

PYMNTS

FEBRUARY 8, 2019

Considering the risks : It’s surprising that organizations remain so ill-prepared to mitigate the threat. “We have a lot of customers not even employing MFA. Yet, according to Pedersen, most professionals are still not educated on how to spot a phishing attack. How can you not do that?

Phishing 66

Phishing Payment APIs and Integration Credential MFA 66

VISTA InfoSec

NOVEMBER 12, 2024

Implement multi-factor authentication (MFA) and unique user IDs for all users accessing the CDE, and regularly review access levels to ensure compliance with the least-privilege principle. Our approach has helped SaaS companies secure data and achieve compliance efficiently, mitigating risks and building trust with their customers.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

Implement multi-factor authentication (MFA) and unique user IDs for all users accessing the CDE, and regularly review access levels to ensure compliance with the least-privilege principle. Our approach has helped SaaS companies secure data and achieve compliance efficiently, mitigating risks and building trust with their customers.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

Fintech News

MAY 20, 2024

As regulatory expectations continue to evolve, it’s crucial for organizations to stay ahead of the curve and adapt their compliance strategies to mitigate financial crime risks effectively.

FinTech 135

FinTech Embedded Finance BNPL AI 135

VISTA InfoSec

JULY 31, 2023

Assign Risk Rankings : Newly discovered security vulnerabilities should be assigned a risk ranking of “high,” “medium,” or “low,” and appropriate mitigation measures should be prioritized accordingly. In addition to unique access, PCI DSS requirements mandate the use of multi-factor authentication (MFA) mechanisms.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

Seon

JUNE 15, 2023

This means that a significant proportion of the surveyed businesses decided that traditional approaches to email security, such as firewalls, were not enough and should be enhanced with authentication processes such as multi-factor authentication (MFA) and encryption technologies. This is how you attempt to identify suspicious activity.

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

Global Fintech & Digital Assets

DECEMBER 11, 2023

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.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

VISTA InfoSec

JANUARY 9, 2024

This will encompass all technologies categorized under Network Security Controls, including but not limited to WAF, IPS/IDS, DAM, DLP, PIM/PAM, MFA, and so on. Security features are defined and implemented for all services, protocols, and ports in use that are considered insecure, thereby mitigating the risk. PCI DSS v3.2.1 PCI DSS v4.0

PCI DSS 113

PCI DSS Procedures Authorization Security 113

EBizCharge

MARCH 12, 2024

Merchants should also apply data encryption, tokenization, and multi-factor authentication (MFA) to ensure only authorized users can access payment portals. Additionally, you should consistently update software and systems to patch vulnerabilities and mitigate or avoid emerging threats.

Credit Cards 52

Credit Cards ACH Payment Gateways PCI DSS 52

FICO

SEPTEMBER 17, 2018

These attacks emphasize the need for layered fraud defences and controls that effectively mitigate such risks going forward. This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. As the adage says: “There is no silver bullet!”. Layered Fraud Defences. Layer 2 – Authentication.

Cybersecurity 45

Cybersecurity Multi-Currency MFA ATM 45

FICO

SEPTEMBER 19, 2018

These attacks emphasize the need for layered fraud defences and controls that effectively mitigate such risks going forward. This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. As the adage says: “There is no silver bullet!”. Layered Fraud Defences. Layer 2 – Authentication.

Cybersecurity 40

Cybersecurity Multi-Currency MFA ATM 40

EBizCharge

JULY 16, 2024

This includes developing policies and tools to adequately identify, assess, and mitigate potential fraud. These preventative measures are critical for mitigating risks and protecting against the consequences of data theft, which can have far-reaching implications for consumers and financial institutions.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

EBizCharge

JULY 19, 2024

PDF forms generally can’t enforce role-based access control or multi-factor authentication (MFA), which are fundamental to PCI compliance. It also restricts physical access to cardholder data, mitigating the risk of any unauthorized access.

PCI DSS 52

PCI DSS Compliance Credit Cards Third-Party Service Provider 52

Stax

SEPTEMBER 17, 2024

To mitigate this risk, all transmission of cardholder data must be encrypted using strong cryptographic protocols such as TLS (Transport Layer Security) or IPsec (Internet Protocol Security). This includes the use of unique IDs and strong passwords or multi-factor authentication (MFA) methods.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Segpay

DECEMBER 19, 2024

These providers offer features like single sign-on (SSO), multi-factor authentication (MFA), and identity governance, all delivered through a secure cloud environment. These adaptive security measures help mitigate potential breaches.

Verification 104

Verification Authentication MFA Compliance 104

Fintech News

MARCH 1, 2025

Both individuals and institutions must implement rigorous security measures to mitigate risks: Use Multi-Signature & Multi-Factor Authentication (MFA) Implementing multi-signature wallets ensures that transactions require multiple approvals, reducing the risk of a single point of failure.

Security 114

Security Phishing Breach Audit 114

The Payments Association

DECEMBER 10, 2024

Fraudsters are continuously finding new sophisticated ways of leveraging AI to carry out cyber threats, with traditional fraud prevention methods, which rely on fixed rules and human intervention, being no longer sufficient to detect and mitigate the complex and evolving tactics used by fraudsters. keystroke dynamics or mouse movements).

AI 88

AI Fraud Detection Deepfake Fraud Prevention 88

EBizCharge

FEBRUARY 13, 2025

Trustworthy providers will also secure your payment processing system with multi-factor authentication (MFA) or two-factor authentication (2FA), real-time authentication monitoring, 3D Secure, and more.

Processors 52

Processors Payment Gateways Duplicate Disputes 52