Search Results for: data breaches

FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches
Fintech News

FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches

Fintech News Desk
by Fintech News Desk0
Agency updates Safeguards Rule to better protect the American public from breaches and cyberattacks that lead to identity theft and other financial losses The Federal Trade Commission announced a newly updated rule that strengthens the data security safeguards that financial institutions are required to put in place to protect their......
Lumu Introduces the 2020 Compromise Flashcard: A Cybersecurity Infographic that Highlights State of Data Breaches on the Enterprise
Fintech News

Lumu Introduces the 2020 Compromise Flashcard: A Cybersecurity Infographic that Highlights State of Data Breaches on the Enterprise

Fintech News Desk
by Fintech News Desk0
Lumu, creators of the Continuous Compromise Assessment cybersecurity model that empowers organizations to measure compromise in real-time, today unveiled the 2020 Compromise Flashcard, an infographic-styled report that analyzes the current state of data breaches on the enterprise. Lumu’s 2020 Compromise Flashcard compiles recent industry research data to show how companies are......
IBM Report: Compromised Employee Accounts Led to Most Expensive Data Breaches Over Past Year
Fintech News

IBM Report: Compromised Employee Accounts Led to Most Expensive Data Breaches Over Past Year

Fintech News Desk
by Fintech News Desk0
IBM Security announced the results of a global study examining the financial impact of data breaches, revealing that these incidents cost companies studied $3.86 million per breach on average, and that compromised employee accounts were the most expensive root cause. Based on in-depth analysis of data breaches experienced by over 500......
New North American Consumer Research by PCI Pal Shows Significant Financial Consequences for Businesses That Suffer COVID-19 Related Data Breaches
Business Fintech News

New North American Consumer Research by PCI Pal Shows Significant Financial Consequences for Businesses That Suffer COVID-19 Related Data Breaches

Fintech News Desk
by Fintech News Desk0
Since the onset of COVID-19, the FBI’s Internet Crime Complaint Center, the IC3, reported a significant uptick in cybercrime targeted at individuals, businesses and government agencies. To better understand consumer sentiment around data security amid the pandemic, PCI Pal, the global provider of secure payment solutions, recently conducted a survey of North......
Thales Study: US Financial Institutions Have Highest Rate of Data Breaches Despite Strict Compliance Mandates
Fintech News

Thales Study: US Financial Institutions Have Highest Rate of Data Breaches Despite Strict Compliance Mandates

Fintech News Desk
by Fintech News Desk0
62% of US Financial Service Organizations Experienced Data Breaches, but Security Spending and Encryption Rates Are Decreasing Data Security Is Not Keeping Pace With Rapid Industry Change Being Driven by Digital Transformation Top Data Security Concerns Are Cyberterrorism, Internal Threats and Industrial Espionage A new global study from Thales, with......
Survey Shows Banks, Healthcare Providers, and Government Remain Most Trusted by Consumers, Despite Lack of Transparency and Data Security Breaches
Fintech News

Survey Shows Banks, Healthcare Providers, and Government Remain Most Trusted by Consumers, Despite Lack of Transparency and Data Security Breaches

Fintech News Desk
by Fintech News Desk0
91% of respondents to Genesys-sponsored customer experience survey are concerned about data abuse, with social media companies considered least reliable Highly regulated organizations earn the most trust from consumers regarding protection of their personal data, according to a new opinion survey on data personalization, privacy and trust sponsored by Genesys, the......
WhiteBIT Achieves the Highest Level of PCI DSS Certification for Payment Data Security
Digital Payments News Security

WhiteBIT Achieves the Highest Level of PCI DSS Certification for Payment Data Security

GlobeNewswire
by GlobeNewswire0
WhiteBIT cryptocurrency exchange has once again confirmed its commitment to top-tier security standards by successfully passing the Payment Card Industry Data Security Standard (PCI DSS) certification. The company achieved the highest Level 1 certification. This certification verifies that the WhiteBIT platform adheres to the best practices for storing, processing, and......
Featured Finance Fintech Risk Management Security

The Impact of Real-Time Data Integration on Financial and Insurance Industry Analytics

Fintech Staff Writer
by Fintech Staff Writer0
Data has become a crucial asset for driving decision-making, risk management, and customer experience. One of the most transformative advancements in recent years is the adoption of real-time data integration. This technology enables businesses to consolidate and analyze data from multiple sources instantaneously, allowing for more responsive and accurate insights.......
FusionIQ Achieves SOC 2 Type II Compliance, Reinforcing Commitment to Data Security
Compliance management News Security

FusionIQ Achieves SOC 2 Type II Compliance, Reinforcing Commitment to Data Security

PR Newswire
by PR Newswire0
Wealthtech Leader Delivers Peace of Mind Cybersecurity for Financial Advisors and Institutions FusionIQ, a leader in the delivery of cloud-based wealth management solutions proudly announces its achievement of SOC 2 Type II compliance, a significant milestone in the company’s ongoing commitment to data security and privacy. This certification demonstrates FusionIQ’s......
SequenceShift to Partner with PCI Security Standards Council to Help Secure Payment Data Worldwide
Finance Fintech News

SequenceShift to Partner with PCI Security Standards Council to Help Secure Payment Data Worldwide

PR Newswire
by PR Newswire0
— As Council’s Newest Associate Participating Organization, SequenceShift to Contribute to The Development of PCI Security Standards— SequenceShift, a global leader in Payment Card Industry (PCI) Compliance solutions for Amazon Connect Contact Centers, announced today that it has joined the PCI Security Standards Council (PCI SSC) as a new Associate Participating Organization. SequenceShift will work......
1