Remove vulnerabilities-threats insider-threats
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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

This leaves payment data vulnerable while inside the web page before it is transmitted. Hackers have exposed this vulnerability extensively over the years,” Miles added. “PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web.

Security 233
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Today, cyber resilience isn’t an option. It’s an imperative.

Accenture

In my view, all of this means a strong cyber ecosystem is crucial, and banks must take a threat-centric approach—one that ensures they target money and resources at what’s truly important. Acknowledging the threat. Cybersecurity threats are growing. The first step is to recognise the dangers. Attack them.

Security 150
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Understanding 1st-party fraud: Risks and resolutions

Abrigo

register now Takeaway 1 1st-party fraud is especially disheartening because it is an inside job and indicates that KYC has been ineffective Takeaway 2 KYC procedures during onboarding and throughout the client relationship are keys to mitigating 1st-party fraud. The scam here is an inside job, making it inherently more elusive.

Fraud 195
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New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

The security of person-to-person transactions is also constantly under threat, driving six of the United Kingdom’s largest banking groups — Barclays Group , HSBC Group , Lloyds Banking Group , Nationwide Building Society , RBS Group and Santander Group — to adopt a new system called Confirmation of Payee.

Analytics 266
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Bolstering Cyber Resilience in the Financial Services Industry: Part Two

Cisco

As you read in part one of this blog, Cybersecurity threats have never been greater. As financial services firms continue to strengthen their cyber resilience, cyber threat actors have been working hard to identify vulnerabilities both internal and external to the firm to gain access to financial data.

Industry 112
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New Strain Of Ransomware Striking US, European Firms 

PYMNTS

The threat actors realized they can amplify their impact by targeting specific companies such as managed service providers,” said Bennett. Sodinokibi usually attacks through the victims’ systems or suppliers, with outsourced IT service providers being especially vulnerable.

US 180
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Deep Dive: The Fight To Stop Biometric Spoofing

PYMNTS

Fraudsters, hackers and other cybercriminals are unfortunately working to circumvent these defenses and access valuable user data, but biometrics providers are creating measures to anticipate and counter the latest threats. Threats To Digital ID Security. Passive detection relies on internal algorithms to detect threats.