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How Can We Secure The Future of Digital Payments?

Thales Cloud Protection & Licensing

The financial services ecosystem has evolved tremendously over the past few years driven by a surge in the adoption of digital payments. Our data shows us that in the first quarter of 2020, there was a larger shift to digital payment forms in 10 weeks than we had seen in the preceding five years. Tue, 01/11/2022 - 06:35.

Retail 126
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The Future of Payments Security

Thales Cloud Protection & Licensing

The Verizon DBIR 2020 report indicates that financially motivated attacks against retailers have moved away from Point of Sale (POS) devices and controllers, towards web applications. Figure 1: Web application breaches in the Retail industry. Source: Verizon DBIR 2020. Fraud and scams move to the web.

Security 143
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Iran-linked APT group Pioneer Kitten sells access to hacked networks

Security Affairs

“The adversary is particularly interested in exploits related to VPNs and network appliances , including CVE-2019-11510, CVE-2019-19781, and most recently CVE-2020-5902; reliance on exploits such as these lends to an opportunistic operational model.” .” reads the report published by Crowdstrike.

Access 89
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Risk Management under the DORA Regulation

IT Governance

2019 (Q2–Q4) 2020 (Q2–Q4) 2021 (Q2–Q4) 2022 (Q2–Q4) Data breaches 855 752 (-12%) 630 (-16%) 648 (+3%) Cyber attacks 143 245 (+71%) 230 (-6%) 285 (+23%) Note 1: The ICO data set only provides the numbers for Q2 2019 until Q4 2022. million) for the financial sector – 33% more than the average across all sectors. million (about £4.70

Risk 104
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News Alert: W3C advances technology to streamline payment authentication

The Last Watchdog

Customer authentication For the past 15 years, e-commerce has increased as a percentage of all retail sales. W3C also provides the standards that undergird the infrastructure for modern businesses leveraging the Web, in areas such as entertainment, communications, digital publishing, and financial services.

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SHARED INTEL: How attacks on web, mobile apps are being fueled by rising API vulnerabilities

The Last Watchdog

We spoke at RSA 2020. Zoosk doesn’t want to block their customers from trying to find a mate; neither does a financial services firm or a retailer want to unnecessarily block a transaction and create customer dissatisfaction. “So For a full drill down, please give the accompanying podcast a listen.

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Keeping Up with New Data Protection Regulations

erwin

Some suggest the California Consumer Privacy Act (CCPA), which takes effect January 1, 2020, sets a precedent other states will follow by empowering consumers to set limits on how companies can use their personal information. For example, many retailers have robust, data-driven e-commerce operations that are international.

GDPR 100