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.

Can Less Digital Security Actually Be More Secure?

PYMNTS

A person’s phone number, according to Meier, can serve as a reliable path toward frictionless, secure interactions between consumers and banks, payment service providers and other organizations. What was the color of the car you owned in 2005? Still remember it? Probably not.

The Future Is Secure For Smart Devices

PYMNTS

Along with the growing popularity of IoT devices, from fitness wearables to smart fridges, comes increased security and privacy issues. The latest Intelligence of Things (IoT) Tracker details how these concerns are driving providers to develop new security approaches.

New Apple OS Reportedly Has Payment Security Issues

PYMNTS

Two Apple iOS 13 users took to Reddit to share some payment security issues they faced when using the tech giant’s newest iteration of its operating system, according to reports. This is a major security flaw in iOS.

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Mastercard Lauds Apple Card Security

PYMNTS

Apple Card, a new kind of credit card created by Apple, is being applauded by Mastercard for its enhanced security, simplicity, transparency and privacy, CNBC reported on Tuesday (Aug. Apple Apple Card credit cards MasterCard News Security What's Hot

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iRobot On Cleaning Up Smart Home Security

PYMNTS

Security continues to be a top IoT concern, however: Mounting data breaches and newly discovered device vulnerabilities have prompted wariness around IoT adoption. iRobot On Cleaning Up Smart Appliance Security Risks. With more than 8.6

Amazon Launches Wi-Fi Security Subscriptions

PYMNTS

Amazon is rolling out new subscriptions for eero , the security service that it acquired last year. Advanced security keeps you from accidentally accessing millions of sites associated with harmful content, like malware, ransomware and phishing attacks.”.

Who’s Responsible For IoT Security?

PYMNTS

Promising as intelligence of things (IoT) solutions are, though, security has been a stumbling block. The June IoT Tracker explores the latest advancements in IoT security and new applications of smart technology. These incidents raise questions as to who’s responsible for IoT security.

Behind Mastercard’s approach to data security and privacy

Bank Innovation

Mastercard has unveiled a series of principles that underline its approach to data security and privacy. Mastercard’s principles include security and privacy, transparency and control, accountability, integrity, innovation, and social impact. […].

Even For Smart Sprinklers, Security Matters

PYMNTS

Despite IoT’s popularity, however, security a nd privacy issues continue to make headlines. In the July Intelligence of Things Tracker™ , PYMNTS explores the latest news in IoT, including partnerships, innovations, security risks, and oversight from world governments.

New EMV checkout standards look to create secure, frictionless environment

Mobile Payments Today

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

New IoT Security Bill Exposes Rising Data Protection, Safety Concerns

PYMNTS

Thus, IoT security is becoming an essential part of modern conversations. Department of Homeland Security (DHS) and data security and privacy practice chair of D.C.-based A lot of the devices we’re talking about have no security. IoT security in a connected world.

Cap One Employees Warned Of Security Issues Pre-Hack

PYMNTS

Capital One employees raised red flags over security risks before the company suffered a massive data breach. Capital One stressed that credit card account numbers and login credentials were not compromised, while more than 99 percent of Social Security numbers were not impacted.

App security an issue when banks partner with fintechs

Mobile Payments Today

But how do they ensure that their apps are secure As banks strive to offer customers good online experiences, they often partner with a variety of fintechs.

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.

Tokenization's role in IoT security

Mobile Payments Today

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

Security Firm Finds Flaws In Nautilus Cash Machines

PYMNTS

Researchers at New York-based Red Balloon Security identified two vulnerabilities in retail cash machines manufactured by Nautilus Hyosung America, the companies said in a joint press release on Monday (Nov. The security flaws only exist in ATMs developed and distributed by the U.S.

IoT’s Impact On Supply Chains And Security

PYMNTS

The latest IoT Tracker delves into new applications for IoT, as well as its limitations, with a focus on supply chains and security. What About Security? Internet of Things 5G Amazon Cybersecurity Editors' Picks Innovation IoT News Security Supply Chain Technology

It’s time to embrace customer data privacy and security

Insights on Business

But for companies that don’t master privacy and security, data can be toxic. At the federal level, congressional leaders have introduced several bills targeting the privacy of data and data security, such as the Privacy Bill of Rights Act from U.S. The time to examine your approach to data privacy and security is now. Learn more about IBM’s data security services and the privacy and data protection practice of Promontory Financial Group, an IBM company.

The Cloud Surrounding Banks’ Data Security (In The Cloud, Too)

PYMNTS

Security & Fraud banking Capital One data breach data security ecb NewsNo rest for banks amid the hackers. And certainly not with an outsourced tech model.

Microsoft Intelligent Security Solutions

Perficient Financial Servies

Part 1 – Microsoft Secure Score. 56 Security Actions You Can Take Today to Improve Your Security Posture. One shining culmination of that investment is Microsoft Secure Score, integrated into your Microsoft 365 security center.

Securing Digital Identities In The Information Age

PYMNTS

Today In Data authentication Commerce digital identity News payments Retail Security security & fraud Today in Data verification VisaPhone numbers, email addresses, usernames and other online signifiers have become essential to verification as the world becomes more connected.

Regulators Investigate China’s Ex-Securities Regulator

PYMNTS

Liu Shiyu, the former head of China’s securities regulator, is being investigated for violating anti-corruption laws. Liu Shiyu had become head of the China Securities Regulatory Commission in 2016.

How PSD2 And Open Banking Impact Security

PYMNTS

These initiatives could also lead to an increase in security risks, since sharing data among a range of financial service providers creates new opportunities for it to fall into the wrong hands.

The High Cost Of KYC And AML Security Lapses

PYMNTS

Today In Data AML Commerce Data Breaches fraud KYC News payments Security Today in DataThe regulatory landscape has become stricter – and more expensive – as enterprises and FIs grapple with fraudsters and seek to protect data and dollars.

Microsoft Issues Emergency Internet Explorer Security Update

PYMNTS

Microsoft issued an emergency security update for Internet Explorer after hackers were able to exploit a new flaw in several versions of the browser.

US Treasury Secretary Sees Libra As National Security Threat

PYMNTS

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. Facebook B2B Payments cryptocurrency currencies Libra mnuchin money News payment Security treasury What's Hot

Deep Dive: Tackling mPOS Solutions’ Security Challenges

PYMNTS

These small entities are seeking to win trust despite not being established brands, but customers will only feel safe if they’re confident that their payment information will remain secure. . This month’s Deep Dive explores its key security risks and the ongoing efforts to mitigate them. .

Staying Secure With Digital Identity

PYMNTS

Today In Data authentication Commerce digital ID digital identity News payments Security Today in Data verification

Selling Security

Independent Banker

Security fears about online banking may be impairing your community bank’s ability to grow demand deposit accounts. Nearly two-thirds of those who do not use mobile banking cite concerns about security issues such as data interception, phone hacking, or a lost or stolen phone.

Ripple Asks Court To Dismiss XRP Securities Lawsuit

PYMNTS

The lawsuit, which alleges that Ripple illegally sold unregistered securities related to the XRP cryptocurrency, could have some repercussions in the crypto world. The lawsuit is asking for damages and for a judge to declare that XRP is indeed a security.

SWIFT: Real-Time Payments Demands Real-Time Security And Compliance

PYMNTS

Security and compliance are also vital components in ensuring that payments are delivered safely and without delay. Safe, secure real-time cross-border payments becoming a reality relies on community involvement above all else.

Securing The Self-Serve Store

PYMNTS

In this month’s feature story, Rasmusson explained what it took to secure the 24/7 accessible, automated store against shoplifting, while avoiding the introduction of payment frictions. Consumers want the immediacy of brick-and-mortar shopping without sacrificing eCommerce convenience.

Samsung Explains Galaxy Smartphone Security Flaw

PYMNTS

With a problem that stems from some silicone cases, Samsung explained a significant security flaw that could allow anyone’s fingerprint to unlock the Galaxy Note 10 and Galaxy S10 family of smartphones. Security & Fraud biometrics News Samsung Security Smartphones What's Hot

3 questions to consider to lower security incidence response times

Bank Innovation

It’s common knowledge that most IT security professionals devote the majority of their time to finding resolutions to the latest attacks affecting their customers. Security & Risk Sponsored

Financial institutions discover digital growth, security with private clouds

Bank Innovation

Security & Risk SponsoredAccording to International Data Corp, banks are expected to spend more than $53 billion on cloud services by 2023. The cloud is a business asset no modern bank or credit union–regardless of size–can afford to bypass.

The cyber security threat landscape in financial services

Insights on Business

Gary Meshell, WW Leader Financial Services, IBM Security, opened his IBM Think 2019 talk, How Financial Services Companies Should Respond to Cyber Security Attacks with a bold assertion and truism. “It’s Meshell was joined on stage by Sean McKee, Senior Manager, Cyber Threat Management, TD Bank, to provide a perspective on how to ensure that a financial services company can gauge its readiness for a cyber security attack.

July Data Breach Prompts Transfer Of Capital One Security Chief

PYMNTS

Capital One ’s chief information security officer (CISO), Michael Johnson, is being transferred to a new position following the bank’s colossal cyberattack in July, The Wall Street Journal (WSJ) reported Thursday (Nov.

Data Security: Car Edition. Really.

Credit Union Geek

Originally published on CUInsight.com When you hear “data security”, what comes to mind? The post Data Security: Car Edition. Articles all your base are belong to us auto loans car computers cars data security gps lending member safety privacy

Regulators Say Crypto Asset Holders Subject To Securities Laws

PYMNTS

financial regulators have warned firms with registered digital assets that they must follow securities laws to prevent money laundering, as well as report any suspicious activity. laws as securities, commodities, and security- or commodity-based instruments such as futures or swaps.

Homeland Security Researchers Find Security Holes In Mobile Devices

PYMNTS

Department of Homeland Security researchers have reportedly found many security vulnerabilities in mobile devices sold by U.S.-based According to the report , which cites Vincent Sritapan, a program manager at the Department of Homeland Security’ s Science and Technology Directorate, the flaws enables users “to escalate privileges and take over the device.” Researchers are expected to announce more details about the security flaw later this week.

Amazon Ring Security Flaw Opened Door To Hackers

PYMNTS

Amazon Ring fixed a security vulnerability in its Ring Video Doorbell Pro that could have potentially allowed hackers to get homeowners’ Wi-Fi passwords, TechCrunch reported on Thursday (Nov. Customer trust is important to us and we take the security of our devices seriously.

Amazon Ring Doorbell Security Flaw Opened Door To Hackers

PYMNTS

Amazon Ring fixed a security vulnerability in its Ring Video Doorbell Pro that could have potentially allowed hackers to get homeowners’ Wi-Fi passwords, TechCrunch reported on Thursday (Nov. Customer trust is important to us and we take the security of our devices seriously.