VISTA InfoSec

OCTOBER 21, 2024

Because there is such a clear need for the security they offer, it’s unsurprising that there is a dizzying number of crypto wallet options out in the market, ranging from popular software solutions to more exotic custom hardware storage. This can make it more difficult for hackers to trace transactions back to you.

Cryptocurrency 162

Cryptocurrency Multifactor Authentication MFA Compromise 162

VISTA InfoSec

JULY 29, 2024

Because there is such a clear need for the security they offer,itsunsurprising that there is a dizzying number of crypto wallet optionsoutin the market, ranging from popular software solutions to more exotic custom hardware storage. In particular, look for wallets that let you customize transaction confirmation settings.

Cryptocurrency 130

Cryptocurrency Multifactor Authentication MFA Compromise 130

VISTA InfoSec

DECEMBER 19, 2024

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides secure and reliable communication networks for over 11500 connected financial institutions to facilitate cross-border payments and securities transactions. What is SWIFT CSP, and why it was introduced?

SWIFT 130

SWIFT Cybersecurity PCI DSS Compliance 130

PYMNTS

JUNE 8, 2020

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or risk getting left behind. FIs therefore cannot afford to drag their feet on implementing open banking, but many may be concerned that third-party access to customer data will exacerbate security challenges.

Authentication 60

Authentication MFA Phishing Scams 60

VISTA InfoSec

APRIL 3, 2024

This article delves into common pitfalls that can undermine the security efforts of commercial enterprises. Out-of-Date Security Systems The rapid pace at which digital threats evolve demands an equally dynamic approach to cybersecurity. Let’s get started. Encrypted data remains safe from prying eyes both in transit and at rest.

Cybersecurity 130

Cybersecurity Encryption Breach Phishing 130

Fi911

JANUARY 18, 2024

Financial institutions employ various security measures to combat them. They often accomplish this by obtaining the victim’s login credentials through phishing emails, malware, or other fraudulent means. Meanwhile, the debt it forced onto the person whose Social Security information was used to secure the loan.

Account Takeovers 93

Account Takeovers MFA Fraud Detection Credit Cards 93

PYMNTS

FEBRUARY 8, 2019

OneLogin Chief Technology Officer and Founder Thomas Pedersen recently told PYMNTS why overcoming corporate security’s password hurdles doesn’t come without its own headaches. In another, phishing scams will fraudulently request an employee login to Uber or LinkedIn to steal those credentials.

Phishing 66

Phishing Payment APIs and Integration Credential MFA 66

Fintech News

MARCH 25, 2024

However, this surge is being accompanied by a dramatic growth in mobile banking malware, as threat actors increasingly turn their focus on mobile banking applications for illicit financial gain, a new report by mobile security company Zimperium says. Hook is a type of malicious software specifically designed to target mobile banking apps.

Mobile Banking 117

Mobile Banking Online and Mobile Banking Identity Theft Credential 117

Seon

SEPTEMBER 28, 2023

The entry point for fraudsters isn’t just a gap in security software but a gap in training. Verizon Business estimates that 74% of data breaches are down to individuals being absent-minded or tricked by social engineering attacks such as phishing emails. The answer is security awareness training.

Security 52

Security Phishing Best Practices Data Breach 52

PYMNTS

APRIL 21, 2020

Business email compromise (BEC), B2B phishing scams, synthetic identities, fake accounts and trillions of aid dollars flooding out at a time of maximum uncertainty make this a fraudster’s paradise. Next-Level Payments Security. Foiling AP fraud may be tricky, but automation systems can bring payments security to the next level.”.

Scams 63

Scams Automation Phishing Email Compromise 63

PYMNTS

JUNE 9, 2020

The surge in interest has challengers and other financial institutions (FIs) moving quickly to secure positions. SCA, MFA, All the Way. Meanwhile, the open banking ecosystem is healthy and growing – but security is a paramount concern during this time of massive transitions. ” Securing That Which Is ‘Open’. .”

AML 52

AML MFA Authentication Verification 52

The Payments Association

OCTOBER 22, 2024

This increase was driven by fraudsters leveraging sophisticated techniques, such as fraud networks, phishing scams and AI-generated deepfakes, to trick victims into authorising payments. Collaboration between regulators, financial institutions, and expert fraud prevention companies is essential to create a more secure financial ecosystem.

Rules 88

Rules Fraud Prevention Caps Deepfake 88

Seon

JUNE 15, 2023

Fraudsters use manipulation tactics such as email-based phishing or take advantage of leaked company data to gain access to – and take over – one or more of the business’s accounts. How to Prevent Business Email Compromise Attacks BEC attacks can largely be carried out solely using social engineering attack-based phishing attempts.

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

Seon

JANUARY 29, 2024

In this guide, we’ll see why accounts are targeted, how fraudsters acquire them, and, of course, which steps you should take to secure them. This could be accidental, or more sophisticated, for example following a mass phishing email campaign. Having trouble protecting your user accounts? What Is Account Takeover Fraud?

Account Takeovers 52

Account Takeovers Accounts Fraud Prevention Fraud Detection 52

Seon

SEPTEMBER 11, 2023

Identity theft: Scammers can commit identity theft by using methods like phishing and vishing to impersonate genuine users. Neobanks should have strict anti-money laundering (AML) and general cyber-security controls in place to protect themselves and avoid penalties.

Identity Theft 52

Identity Theft Money Laundering Account Takeovers Fraud Prevention 52

FICO

SEPTEMBER 17, 2018

The layer for cybersecurity puts measures in place to monitor the security & internet infrastructure of the organization. However, cybersecurity should also cover active monitoring of the network by qualified network security personnel. [caption id="attachment_36768" align="alignnone" width="700"] Source: FICO Blog[/caption].

Cybersecurity 45

Cybersecurity Multi-Currency MFA ATM 45

FICO

SEPTEMBER 19, 2018

The layer for cybersecurity puts measures in place to monitor the security & internet infrastructure of the organization. However, cybersecurity should also cover active monitoring of the network by qualified network security personnel. [caption id="attachment_36768" align="alignnone" width="700"] Source: FICO Blog[/caption].

Cybersecurity 40

Cybersecurity Multi-Currency MFA ATM 40

PYMNTS

NOVEMBER 12, 2019

Companies like the real estate platform Zillow are working hard to juggle tight anti-money laundering (AML) and know your customer (KYC) security with easy onboarding, knowing if that if it is successful, it will secure a reputation as a safe and convenient site for customers. Ramping Up Protections.

Money Laundering 40

Money Laundering AML Authentication MFA 40

PYMNTS

SEPTEMBER 6, 2019

The number of facilities looking for alternatives has doubled since 2018, with 17 percent utilizing MFA to better protect against fraud. The healthcare industry is also busy fending off fraudsters in its contact centers, especially as seniors face an increase in phishing attempts and robocalls. Fraud protection and innovation .

MFA 49

MFA Authentication Phishing Verification 49

Fintech News

MARCH 1, 2025

Cryptocurrency was built on the promise of financial autonomy, decentralisation, and security. billion in February shattered previous records, proving that even so-called “secure” cold wallets are not immune to attack. It led to increased scrutiny of bridge security and calls for enhanced protection measures.

Security 113

Security Phishing Breach Audit 113

The Payments Association

FEBRUARY 17, 2025

As AiTM fraud rises, businesses must adopt multi-layered security, biometric authentication, and user education to stay ahead of evolving threats. These techniques exploit system vulnerabilities, emphasising the need for strong security measures to protect sensitive data.

Phishing 88

Phishing Multifactor Authentication Authentication Credential 88

The Payments Association

DECEMBER 10, 2024

It highlights the urgent need for payments firms to address AI-driven fraud to protect financial security, maintain customer trust, and comply with regulations. Fraudsters are leveraging these advanced tools to enhance the sophistication and scale of their attacks, making it harder for traditional security measures to keep pace.

AI 88

AI Fraud Detection Deepfake Fraud Prevention 88