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New EU Strong Customer Authentication Standards: Implications for Payment Service Providers

Data Matters

Under the revised Payment Services Directive (2015/2366) (PSD2), the European Banking Authority (EBA) and the European Commission were required to develop and adopt regulatory technical standards on strong customer authentication and common and secure open standards of communication. STRONG CUSTOMER AUTHENTICATION. What is SCA?

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Visa warns of new sophisticated credit card skimmer dubbed Baka

Security Affairs

Visa issued a warning regarding a new e-skimmer known as Baka that removes itself from memory after having exfiltrating payment card details. Baka is a sophisticated e-skimmer developed by a skilled malware developer that implements a unique obfuscation method and loader. SecurityAffairs – hacking, Baka e-skimmer).

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e-Invoicing mandates and updates: Germany

OpenText Information Management

March 2024 German Federal Council officially approves law driving the e-Invoicing mandate On 22nd March 2024 The German Bundesrat - the Federal Council - officially approved the Federal Government's Growth Opportunities Act, which is the legal instrument that includes the provisions for the planned e-Invoicing mandate.

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Working and Executing Contracts From Home: U.S. eSignatures in the COVID-19 Era

Data Matters

UETA or other applicable state law governs to the extent not inconsistent with E-SIGN. E-SIGN governs in the absence of applicable state law or to the extent states have laws inconsistent with E-SIGN or have modified UETA in a manner that is inconsistent with E-SIGN. authentication to the individual signatory, 2.

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Hundreds of millions of Android users exposed to hack due to CVE-2020-8913

Security Affairs

The list of vulnerable apps is long and includes OkCupid, MS Edge, Xrecorder, Yango Pro, and PowerDirector, are still vulnerable and can be hijacked to steal sensitive data, such as passwords, financial details, and e-mails. ” reads the post published by Check Point.

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eIDAS 2.0 REGULATION WILL CHANGE IDP USE CASES INCLUDING ID CAPTURE IN THE EU

Info Source

By Petra Beck, Senior Analyst Capture Software, Infosource Key Takeaways The expanded eIDAS (electronic Identification, Authentication and Trust Services) 2.0 The EC initiated the European electronic Identification, Authentication and trust Services initiative (eIDAS Regulation). regulation is entering implementation stage in the EU.

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Crooks Continue to Exploit GoDaddy Hole

Krebs on Security

Godaddy.com , the world’s largest domain name registrar, recently addressed an authentication weakness that cybercriminals were using to blast out spam through legitimate, dormant domains. The domains documented by MyOnlineSecurity all had their DNS records altered between Jan. 31 and Feb. 22 report on the GoDaddy weakness.