A View On Cybersecurity For Online Payments

Why cybersecurity keeps payments executives up at night

… 19 Like the rest of the financial services sector the payments industry is on alert about a rise in cybersecurity incidents a concern that ⁽¹⁾ …

… 27 It would be a little exaggerating to say that online transactions are highly insecure. Rather most online payment systems are relatively ⁽²⁾ …

Timeline of Cyber Incidents Involving Financial Institutions

… On 12 Sophos a cybersecurity firm identified 167 fake Android and iOS financial trading banking and cryptocurrency apps being used by hackers ⁽³⁾ …

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Credit Card & Payment Data | Cybersecurity | Compliance | Risk

… In response payment industry organizations must be prepared to support transactions on demand by striking a balance between simplicity of action and security ⁽⁵⁾ …

… Theft of digital information has become the most commonly reported fraud surpassing physical theft. Every business that uses the Internet is responsible for ⁽⁶⁾ …

Cybersecurity and Payments Fraud Trends – J.P. Morgan

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… 30 The central bank has taken steps for securing card transactions internet banking electronic payments ATM transactions and prepaid payment ⁽⁸⁾ …