Mitigating Mobile Fraud with Secure Subscriber Enrollment

Payments Dive

To streamline the enrollment process, while reducing the potential for fraud, GIACT released a new white paper, Mitigating Mobile Network Fraud with Secure Subscriber Enrollment , detailing the best practices in secure digital enrollment

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Tokenization's role in IoT security

Payments Dive

While more connected devices is convenient for consumers as far as payments, it also opens a window for cybercrime and security breaches

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Companies See Work From Home As A Security Threat

PYMNTS

About 70 percent of the 500 companies surveyed said that they expected remote working during the pandemic to increase the cost of a breach; four-fifths told researchers said they expected it will take longer to notice and secure a breach.

Secure by Design: Keeping IoT security in mind all down the line

Dataconomy

IoT security is a subset of information technology that focuses on securing connected devices and internet of things networks. When bad actors search for IoT security flaws, they have a high probability of hacking vulnerable devices.

Make Payment Optimization a Part of Your Core Payment Strategy

Everything you need to know about payment optimization – an easy-to-integrate, PCI-compliant solution that enables companies to take control of their PSPs, minimize processing costs, maximize approval rates, and keep control over their payments data.

Securing The New Commerce Normal

PYMNTS

For all that has changed dramatically in the last several weeks due to the coronavirus pandemic, consumers are still looking for the same two core offerings in every transaction, no matter what it is or where it takes place: seamlessness and security.

Kraken Security uncovers Bitcoin ATM security vulnerabilities

ATM Marketplace

At the same time, there are also security concerns with Bitcoin ATMs. Kraken Security Labs recently uncovered a number of vulnerabilities with a Bitcoin ATM Bitcoin ATMs are becoming a more common sight across the U.S.,

Trulioo: Dramatic Fraud Spike Threatens Secure Digital Future

PYMNTS

He said consumers will get impatient and abandon a transaction when they try to make a simple, relatively low-priced purchase and find themselves mired in a 25-step process that seems like a lot of incomprehensible security overkill.

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Payment security in a world going mobile

Payments Dive

As a rising number of consumers use digital payments to conduct ecommerce transactions, businesses need to make sure their mobile apps are secure. Customer identity and payment information is increasingly at risk as fraud actors find new ways to compromise mobile platforms

MonetaGo, GUUD Team On Secure Transactions

PYMNTS

MonetaGo , which specializes in blockchain technologies, and GUUD Company , which focuses on making international trade smooth, have teamed up on international financial transaction security, MonetaGo announced in a press release.

MLOps 101: The Foundation for Your AI Strategy

Machine Learning Operations (MLOps) allows organizations to alleviate many of the issues on the path to AI with ROI by providing a technological backbone for managing the machine learning lifecycle through automation and scalability.

Log4j security vulnerability is a double threat to banks

American Banker

Cyber security

Mastercard Talks Securing Innovation, And Innovating Security

PYMNTS

In financial services today, security and innovation can work with each other, and against each other. But customers’ constant demand for cutting-edge products and services is adding to the load of already heavy security burdens. For the banks and merchants serving them, the challenge is matching the great strides in connectivity with consistency of experience and security. Passwords remain commonplace, despite the evolution of security technology.

Concerned about cyber security? It’s time to talk more about cloud

Accenture

The post Concerned about cyber security? A year or so ago, I wrote that moving to cloud was non-negotiable for middle market banks. My reasoning? Cloud enables everything banks want (and need) to do to compete with digital players.

Twitter Updates Users On Security Breach

PYMNTS

Twitter continues to inform users about its investigation into a massive security breach two weeks ago when hackers seized control of the celebrity accounts of Joe Biden, Kim Kardashian, Bill Gates and dozens of other A-listers.

How to Avoid the Pain and Cost of PCI Compliance While Optimizing Payments

Speaker: P. Andrew Sjogren, Sr. Product Marketing Manager at Very Good Security, Matt Doka, Co-Founder and CTO of Fivestars, and Steve Andrews, President & CEO of the Western Bankers Association 

In this webinar, we have a great set of panelists who will take you through how Zero Data strategies can be used as part of a well-rounded compliance and security approach, and get you to market much sooner by also allowing for payment optimization. They’ll share how to grow your business faster and minimize costs for both security and compliance

Security Demands Spur Virtual Debit Card Adoption

PYMNTS

Businesses are also examining virtual card options that can allow employees to make company payments securely and conveniently during the pandemic. Firms are also prioritizing security as they transact online more heavily as well. Virtual Cards To Bring Greater Security To Transactions.

Open Banking—lessons in technology, security and APIs

Accenture

The post Open Banking—lessons in technology, security and APIs appeared first on Accenture Banking Blog. Uncategorized APIs Banking Technology Open Banking Secure Customer Authentication (SCA

How to secure IoT networks?

Dataconomy

However, the increasing security risks for IoT networks require caution when taking advantage of connected devices. Internet of Things Cybersecurity Featured internet of things IoT IoT networks Security

Payments Providers Combat The Conflict Between Security, User Experience

PYMNTS

In financial services, demand for ease of use and security are sky-high, even for business customers. Greater Security Without Compromising UX. Financial services firms deploy more and more point security products to cover the gaps created by the expanding attack surface,” he explained.

Build Trustworthy AI With MLOps

Machine learning operations (MLOps) helps companies deliver machine learning applications in production at scale. Discover the importance of secure MLOps in the four critical areas of model deployment, monitoring, lifecycle management, and governance.

Securing The Growing Digital Opportunity

PYMNTS

And email address, device data, behavioral data — all of these things are important, but security efforts that build primarily from one data stream always run the risk of that stream being compromised and rendering their efforts moot.

Entersekt, Netcetera Team Up On eCommerce Payment Security

PYMNTS

The company recently announced that the software company Netcetera implemented the authentication system for Bank-Verlag, a company that makes and provides secure services for Germany’s banks. It is said that the 3-D Secure solution can be implemented in a short amount of time.

The new case for 3-D Secure

Payments Source

Michael Moeser, Senior Analyst at PaymentsSource, talks to Kevin Weller, a senior director in the security and products group at Visa; and Jaime Howard, head of product and marketing at Cardinal Commerce; about the growing role of 3-D Secure 2.0, 3-D Secure PayDirt

What are the biggest ATM security issues?

ATM Marketplace

Physical threats are not the only security concerns for ATMs. Let's take a closer look at some of these security issues and what causes them Outdated key standards and card skimming are also major issues in the ATM industry.

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The Importance of PCI Compliance and Data Ownership When Issuing Payment Cards

This eBook provides a practical explanation of the different PCI compliance approaches that payment card issuers can adopt, as well as the importance of both protecting user PII and gaining ownership and portability of their sensitive data.

Global Security Officials Meet To Discuss 5G Security

PYMNTS

Representatives from a number of countries around the world – excluding Russia, China and representatives from technology giant Huawei – met to discuss the security of 5G networks as many countries prepare for deployment of the technology, according to a report by Reuters. It was meant to outline practices to create a coordinated approach to security and policy surrounding the technology. Security & Fraud 5G chinese government huawei News Security Technology What's Hot

Is Financial Security The Same As Financial Stability?

BankBazaar

Financial security is what we’re all striving towards. Different people have different notions about what financial security means. Regardless of what it means to be financial secure, this need for security is the basis of all financial plans. .

Biometrics security isn't one-size-fits-all

Payments Dive

Andrew Jamieson, the director of security & technology for the identity management & security unit at UL, writes that many technologies that would be enabled by biometrics are still vulnerable to spoofs and hacking

Build digital transformation on a foundation of security and compliance

BankInovation

Center of Excellence cloud adoption Microsoft Premium SecurityAs widespread remote work has expanded the attack surface, we’ve seen the threat landscape become increasingly sophisticated, with cybercriminals continuing — even escalating — their activity amid crisis.

FCC blacklists popular Russia-based security software firm Kaspersky

American Banker

Cyber security Technology

Ransomware attacks are rising, payment security consortium warns

American Banker

Ransomware Cyber security Technology

10 Commandments for a Financially Secure Future

BankBazaar

The 10 commandments that can help you part troubled financial waters so you can walk confidently into the ‘promised land’ – a financially secure future! While there’s no one-size-fits-all approach to building a financially secure future, there are certainly some best practices that can help.

Is No-Factor Authentication Digital Security’s Future?

PYMNTS

For a great example of an attempt at security that does much more to annoy legitimate consumers than to actually fend off fraudsters, look no further than CAPTCHA. In the past, said Xie, authentication has been rooted in an idea that must change in order to build a more secure future.

Can self-service technology securely reduce COVID-19 risk?

Payments Dive

Can people be sure that self-service devices are being properly maintained to reduce the risk of spread of coronavirus? Technology that allows consumers to control kiosks remotely holds an important clue

New EMV checkout standards look to create secure, frictionless environment

Payments Dive

The new EMV Secure Remote Commerce specifications may provide a solution to a longstanding problem with ecommerce checkout creating friction for consumers and being vulnerable to fraud