Krebs on Security

NOVEMBER 19, 2021

In reality, the fraudster initiates a transaction — such as the “forgot password” feature on the financial institution’s site — which is what generates the authentication passcode delivered to the member. To combat this scam Zelle introduced out-of-band authentication with transaction details.

Scams 363

Scams Banking Passwords Authentication 363

Thales Cloud Protection & Licensing

DECEMBER 4, 2019

Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data Threat Report-Financial Services Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data Threat Report-Financial Services Edition and tips for overcoming them.

Financial Services 17

Financial Services Encryption Threat Reports Digital transformation 17

Thales Cloud Protection & Licensing

SEPTEMBER 4, 2024

PSD2 Regulation and Compliance josh.pearson@t… Wed, 09/04/2024 - 23:44 The PSD2 directive is a cornerstone of payment legislation in Europe, designed to enhance consumer protection, foster innovation, and create a more integrated and secure European payment landscape. Initially, PSD2 was set to take full effect on September 14, 2019.

Banking 62

Banking Authentication Consumer Protection Marketing 62

ForAllSecure

JANUARY 31, 2023

Therefore, the FFIEC provides guidance on financial regulations and best practices for federal supervisory agencies, as well as helping them develop exam policies for banks, savings associations, credit unions, thrifts, and other financial institutions.

Cybersecurity 52

Cybersecurity Cyber threats Financial Services Banking 52

Thales Cloud Protection & Licensing

APRIL 29, 2024

Payment Services Directive (PSD3) PSD3 is an updated version of PSD2 and provides rules on the efficiency and security of digital payments and financial services in the EU. It aims to improve competition and innovation in the financial industry while increasing consumer protection.

Risk 71

Risk Manufacturing Digital transformation Cyber threats 71

Security Boulevard

APRIL 29, 2024

Payment Services Directive (PSD3) PSD3 is an updated version of PSD2 and provides rules on the efficiency and security of digital payments and financial services in the EU. It aims to improve competition and innovation in the financial industry while increasing consumer protection.

Risk 72

Risk Manufacturing Digital transformation Cybersecurity 72

Krebs on Security

JANUARY 25, 2022

Although he didn’t technically have an account with MSF, their authentication system is based on email addresses, so Jim requested that a password reset link be sent to his email address. ” According to the Native American Financial Services Association (NAFSA), a trade group in Washington, D.C.

Financial Services 245

Financial Services Banking Accountability Identity Theft 245