stephen

stephen

Security Industry Writer. I like to share information related to the InfoSec industry. I am an avid reader of VISTA InfoSec’s blog.

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As cybersecurity continues to be a growing concern for most businesses online, it calls for an efficient, and risk-free means of payment transactions across platforms.While Regulatory Bodies are doing their bit by establishing frameworks for secure online transactions, adopting effective technologies to tackle the issues of cybersecurity is equally essential.Having said that, today’s industry has witnessed a great development in technology for addressing the risk of online payment transactions.There is a significant development in PCI compliance with businesses now moving towards using the latest Blockchain Technology.
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PCI DSS Compliance is a mandate for every organization dealing with cardholder data.So, when it comes to your E-commerce business, you are expected to be compliant with the PCI Standards.When running an e-commerce store, the last thing you would want to deal with is a security breach and its legal implications.So, for those of you running an e-commerce business, you must take into account various security parameters for protecting your business against cybersecurity threats.You need to ensure that your business is PCI Compliant, with the website and payment gateway developed and designed securely.E-commerce website design is more than just looks.From the Compliance standpoint, you need to consider its functionality and also ensure that all the customer information passed from one party to another is secured.Having said that it is important to note that, those of you who outsource the payment process to the third-party vendor still fall under the ambit of PCI Compliance.Although your scope of compliance may reduce due to the outsourcing of the payment process, you will still be responsible for the security of the payment process.In today’s, article we have provided a few tips and guidance that will help you in your efforts of achieving PCI DSS Compliance.Given below are certain elements or security parameters that you must consider for your e-commerce business.
Over a million people across the globe become victims of cybercrime daily.What is more alarming about the situation is that, despite taking numerous precautionary measures, hackers manage to evolve and use advanced techniques to break into systems and illegally access critical data.pHaving said that, you have every reason to worry about the confidentiality of your business-critical/customer data.Over the years research reports on cybercrimes suggest most of the data breach that occurs is related to debit and credit cards.This is why the PCI SSC Council was incorporated and the PCI DSS standards were set in 2006 to strengthen information security and secure customer data.Read the full article here:- How does PCI DSS impact Banking 
Over the past few years, the industry has witnessed several incidents of high profile data breaches.Incidents like these serve as a reminder for businesses to prioritize data security and strengthen their business environment.Addressing the concern of data security, the Payment Card Industry Security Standard Council (PCI SSC) issued guidelines under Payment Card Industry Data Security Standard (PCI DSS) for securely processing, storing, transmitting payment card data.As per the PCI DSS Standard requirement, organizations in question need to determine the scope of their PCI DSS assessment accurately and secure card data.Determining the scope essentially involves discovering of unencrypted card data and securing the source to prevent breach/data theft.It is interesting to note that most of the incidents of data breach/theft in the industry today is due to the lack of securing data stored in undiscovered locations.This potentially exposes most organizations to the high-level risk of a data breach.
How to tackle credit card fraud with PCI DSS compliance in UK.In today’s digital world, the new payment technology has brought along with it significant risk associated with credit card fraud.Over the years we have witnessed a huge spike in online payment frauds which has further led to huge amounts of losses for businesses and credit card companies in the UK.Every year nearly 70-80% of the people in the UK plan their holiday shopping online for the ease and convenience that it offers.  
Credit cards and debit cards provide great convenience to consumers when shopping both online and offline.But with this, so has the payment security challenges increased for retailers.Despite a lot of measures taken for ensuring secure payment processing at every step, sensitive cardholder data are often exposed to risk.Read the article on why is PCI DSS Training so important..
PCI DSS Compliance is a standard that provides a well-curated set of requirements for merchants or service providers.Service and Merchants are expected to follow these requirements as a part of the Compliance process and defense against data breach or theft. 
GDPR and HIPAA are two Compliance Standards that have taken the industry by storm.Both the Standards have for long been a topic of discussion as organizations scramble around to ensure Compliance.While the EU General Data Protection Regulation is a data security law that came into effect in 2018, the US Health Insurance Portability and Accountability Act is a health information security law that came into effect in 1996. 
Digitization and growing use of technology has led to a massive spike in cybercrimes and cybersecurity threats.The digital world has witnessed a rise in information sensitive data breach through ill-legal cybercrimes like Phishing attacks.Click here to continue reading.
The data includes information about credit and debit cardholders and is being sold on the dark web The data, which is in the form of a data dump, appears to have been leaked through a compromised server of payments company Juspay Names of issuing bank, expiry date, masked credit/debit card numbers, names, customer ID and merchant account ID have been leaked among several other details.The leaked data, which is in the form of a data dump, appears to have been leaked through a compromised server of Bengaluru-headquartered mobile payment solutions company Juspay.  
Recently there has been a wave of ransomware and sniper attacks online that have left many businesses and individuals compromised not only can these attacks your computer and destroy your data but even more importantly you could end up being the victim of identity theft in this article we’ll cover 11 steps you can follow to protect yourself from being a victim of these types of attacks. 
E-commerce businesses have exponentially flourished over the past decade.With the boom in the industry, so has the level of risk in context to data breach/ theft spiked over the years.It is therefore imperative for e-commerce businesses to ensure safety and protect consumer data.E-Commerce businesses are expected to create a safe environment for customers providing their payment information to make purchases online.For the benefit of consumers and to help merchants secure their payment data application, PCI SSC has provided a detailed guideline suggesting the Best Practices for Securing E-commerce.The information provided will educate merchants and help them in securing payment applications and cardholder data.Lets us today through this article learn about the recommendations offered by PCI SSC and understand how it will help merchants.
Attackers have all the expertise and knowledge of hacking into applications to gain confidential data from the victim.The easiest way for them to gain access to valuable data is by hacking email accounts.Statistics highlight the fact that throughout the world every 1 in 4 accounts are hacked.Email accounts often contain valuable and confidential data like photos, invoices, receipts, addresses, contacts, banking details and often reset passwords for other accounts.Everything that a hacker needs to cash in and commit an identity theft which can then balloon into a full-fledged cyber attack or data theft.Email accounts can be compromised in a number of ways, but the most common methods used for hacking is through phishing emails, exploiting flaws in software, and guessing passwords.However, here are some simple ways to prevent attackers from hacking your email and gaining confidential data from you.
As cybersecurity continues to be a growing concern for most businesses online, it calls for an efficient, and risk-free means of payment transactions across platforms.While Regulatory Bodies are doing their bit by establishing frameworks for secure online transactions, adopting effective technologies to tackle the issues of cybersecurity is equally essential.Having said that, today’s industry has witnessed a great development in technology for addressing the risk of online payment transactions.There is a significant development in PCI compliance with businesses now moving towards using the latest Blockchain Technology.  
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