Detecting and Preventing Card-Not-Present (CNP) Fraud

Detecting and Preventing Card-Not-Present (CNP) Fraud

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Detecting and Preventing Card-Not-Present (CNP) Fraud Card-not-present fraud (or CNP fraud) is an ongoing threat to all businesses, with Juniper Research recently predicting a projected $130 billion financial loss for businesses by 2023 as a result of this fraud type. CNP fraud presents potential risks to business revenue, but it ... Read More
The Average Cost of a Data Breach

The Average Cost of a Data Breach

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Data breaches are not a new phenomenon - but the prevalence of new technology and criminal attacks means the actual cost of a data breach could be soaring for organizations. In 2021, $4.24 million was spent on average to deal with a data breach incident. This is the highest figure ... Read More
Credit Card Tokenization: Everything You Need to Know

Credit Card Tokenization: Everything You Need to Know

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As the progress of payment technology gathers pace, the potential threat to sensitive customer data increases at a similar speed. A particular danger arises with the storing of customer payment details, and it is therefore vital that organizations take appropriate measures to heighten data security and prevent credit card fraud ... Read More
How To Pass PCI Compliance & More

How To Pass PCI Compliance & More

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What You Will Learn in this Article: What is PCI Compliance? How to become PCI Compliant 12 Key requirements for PCI Compliance What are the benefits of PCI Compliance? What happens if I'm not PCI Compliant? The state of PCI DSS Compliance PCI DSS Compliance FAQ's P2PE FAQ's ........................................................ What ... Read More
The 10 Biggest Data Breaches [With Chart]

The 10 Biggest Data Breaches [With Chart]

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Think about this - every day, how many times do you log in to a website or smartphone app? The number of usernames and passwords we have at our disposal is growing by the day - and hackers and criminals aim to have them at their disposal too, leading many ... Read More
How To Ensure Your Software Company Is PCI Compliant (+ downloadable checklist package)

How To Ensure Your Software Company Is PCI Compliant (+ downloadable checklist package)

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With the average cost of a data breach increasing year-over-year, combined with the potential for reputational and brand damage as a result of data theft, it has never been more important to secure the cardholder data of your customers. The Payment Card Industry Data Security Standard (PCI DSS) ensures that ... Read More
6 Proven Expert Tips for Data Breach Prevention

6 Proven Expert Tips for Data Breach Prevention

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There’s little doubt that data breaches are continuous challenge for businesses and consumers. In contrast to the growth of previous years, according to a report from the Identity Theft Resource Center, there were 1108 data breaches in 2020, down 19% compared to 2019. This looks promising, however, let’s not forget ... Read More
Cyber Attack Prevention with Card Connect :: FinTech HotSeat

Enterprise Payment Security Tips

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What Big Business Decision Makers Need to Know Security Intelligence recently reported that in 2018, the average cost of an enterprise data breach had officially surpassed $1 million, now growing to $1.23 million. These breaches are occurring more frequently, but thankfully, there are helpful data protection tips that help to ... Read More
Cyber Attacks: Preparing and Protecting Your Business

Cyber Attacks: Preparing and Protecting Your Business

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Cyber security threats are continuously on the rise. The rising tide of cyber crime has pushed spending on information security, a subset of cyber security, to more than $86.4 billion in 2017 according to Gartner. By 2021, cyber attack damage costs will hit $6 trillion annually, up from $3 trillion ... Read More
How to Solve Mobile Payment Security Concerns

How to Solve Mobile Payment Security Concerns

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What are mobile payments? The term ‘mobile payments’ refers simply to all payments that are made using your mobile device. Mobile payments include the use of mobile wallets and mobile money transfers. There are two types of mobile payments: online or in-app purchases, and using a POS terminal in a ... Read More