Search Results for: security attacks

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
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......
Lumin Digital Introduces Enhanced Identity Security Protection Solution from ID Dataweb
Banking Finance Fintech News

Lumin Digital Introduces Enhanced Identity Security Protection Solution from ID Dataweb

PR Newswire
Leading cloud-native digital banking provider Lumin Digital (Lumin) today announced its partnership with ID Dataweb, a leader in cross-channel identity verification. The partnership will enable Lumin’s customers to integrate ID Dataweb’s enhanced identity security and protection solutions into their digital banking platforms provided by Lumin. An identity security platform that orchestrates more than......
OneSpan Strengthens Leadership in Banking Security with Innovative Phishing-Resistant Authentication and Transaction Signing Solution
Banking Fintech News Risk Management Security

OneSpan Strengthens Leadership in Banking Security with Innovative Phishing-Resistant Authentication and Transaction Signing Solution

Business Wire
New innovation expands on the company’s FIDO authentication portfolio with transaction signing OneSpan Inc. today announced a breakthrough innovation in phishing-resistant transaction security, VISION FX. This new solution combines OneSpan’s patented CRONTO® transaction signing with FIDO2 protocols that strengthen protection against phishing and account takeover threats (ATO), setting a standard for......
New Report Reveals: Customer Loyalty at Stake for Financial Institutions Due to Rise in Identity-Based Attacks
Finance Fintech News Security

New Report Reveals: Customer Loyalty at Stake for Financial Institutions Due to Rise in Identity-Based Attacks

GlobeNewswire
Gap Widens Between Customer Expectations and Financial Institutions’ Cybersecurity Efforts HYPR, the Identity Assurance Company, today released its spotlight report “When Trust is Hacked: Customer Identity Security in Finance.” This report sheds light on the persistent threat of credential misuse and authentication vulnerabilities plaguing the financial industry, drawing a direct......
Banking Digital Payments Featured Finance Fintech Security

Cybersecurity in FinTech: Protecting The Future of Digital Financial Services

Prajakta Ayade
Cybersecurity has emerged as a critical concern today. Ensuring the security of digital financial services is paramount to maintaining customer trust and safeguarding sensitive data. Recently authID and FinClusive joined forces to integrate next-gen biometric and financial crimes compliance solutions, significantly boosting identity management’s security. This partnership enhances identity verification,......
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
— 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......
Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes
Artificial Intelligence News

Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes

PR Newswire
Deepfake technology, an artificial intelligence tool capable of generating convincingly fake audio and video, is increasingly being used to perpetrate financial crimes worldwide, raising serious concerns about sophisticated fraud. In a notable incident reported by CNN earlier this year, a finance worker was tricked into transferring $25 million during a video call with......
Survey: 92% of Financial Services Professionals See Positive ROI on XR Technology, with Privacy and Security being Crucial to Adoption
Fintech News

Survey: 92% of Financial Services Professionals See Positive ROI on XR Technology, with Privacy and Security being Crucial to Adoption

PR Newswire
Survey shows that XR significantly improves skill development, customer experiences, and operational efficiencies, with 9 out of 10 surveyed highlighting the importance of strong privacy and security measures Premier virtual reality (VR) and extended reality (XR) company HTC VIVE has released a report on the financial service industry’s adoption of XR,......
Traceable AI Report: API Security Emerges as Top Concern for Financial Sector Amid Increasing Threats
Artificial Intelligence Finance Fintech News

Traceable AI Report: API Security Emerges as Top Concern for Financial Sector Amid Increasing Threats

Business Wire
Survey further reveals 42% of financial institutions that experienced API-related data breaches attribute the attacks to fraud, abuse, and misuse; majority (82%) concerned about regulatory compliance Traceable AI, the industry’s leading API security company, today released an in-depth report exposing the state of API security in the financial services industry.......
Token Security Emerges From Stealth With $7M, Introducing the Machine-First Era in Identity Security
Investments News Security

Token Security Emerges From Stealth With $7M, Introducing the Machine-First Era in Identity Security

Business Wire
Token Security powers the evolution of identity security, helping minimize security risk while maintaining operational integrity in the age of AI-generated identities Token Security today emerged from stealth, launching its machine-first identity security platform and announcing $7 million in Seed funding led by TLV Partners with participation from SNR as......
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