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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Most online merchants rely solely on SSL/TLS to encrypt the data being sent from their websites. Getting the European Union on the path to 3D Secure 2.0 Each $1 of fraud costs retailers $3.13. .

Security 233
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Greyhound Drives Omnichannel Security With AI, Advanced Learning Tools

PYMNTS

Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing. Our number one goal was making sure that process was as frictionless as possible while making sure that we [offered] a fully secure process.”. Overcoming legacy systems.

Security 141
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Singapore’s HIV Registry Data Exposed Online

PYMNTS

million people were compromised, Singapore’s Ministry of Health said the personal details and HIV-positive status of 14,200 people were placed online. In an announcement, the Ministry apologized for the “anxiety and distress” the security breach caused. TechCrunch reported that Mikhy K. Farrera Brochez, a U.S.

Online 122
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Cybercrime Botnet Chief Ordered To Prison In $100M Scheme

PYMNTS

He was alleged to be an active member of a cybergang that collaborated online to swap trade secrets and tools. Brovko is accused of collaborating with other cybercriminals to sell personal data on the darknet from 2007 through 2019. The sentence was handed down by Senior U.S. District Judge T.S.

Virginia 260
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Deep Dive: Security In The Time Of Faster Payments

PYMNTS

The value of online banking fraud loss nearly tripled from 2007 to 2009 after the U.K. Security strategies. Faster payments aren’t all doom and gloom, though, and proper security measures can help businesses reap the benefits of real-time payments schemes with fewer detriments. Before the U.K. launched FPS in 2008.

Security 134
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Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws

PYMNTS

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic has refocused scrutiny on the open banking ecosystem’s privacy and security. The Data Privacy Twist .

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Proposed new cyber security regulations will be a huge undertaking for financial institutions

Celent Banking

New York State Department of Financial Services (NYDSF) is one step closer to releasing cyber security regulations aided by the largest security hacking breach in history, against JP Morgan Chase. The attack began in 2007 and crossed 17 different countries. Mandated training of security will be required.