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Optimizing PCI compliance in financial institutions

CIO Business Intelligence

Financial institutions must ensure the protection of sensitive personal information, most commonly payment card data, to maintain, trust and meet various regulatory requirements. The Payment Card Industry Data Security Standard (PCI DSS) is a crucial framework to which financial institutions must adhere.

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FFIEC Updates Its Cybersecurity Guidelines For Financial Institutions

ForAllSecure

On October 3, 2022, the Federal Financial Institutions Examination Council's ( FFIEC ) updated its 2018 Cybersecurity Resource Guide for Financial Institutions. Additionally, the Council collects consumer financial data from these institutions and makes it available to aid in risk management, consumer protection and policy making.

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Banking and financial software development: Features and requirements

Dataconomy

The development of banking and financial software is essential to the banking sector’s digital transformation. Banks and other financial organizations may simplify operations, boost security, and provide clients with better services thanks to these software solutions.

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Patient Portal Puts a Spotlight on Secure Messaging

CTOvision

Healthcare professionals, hospitals and their technology vendors need to ensure appropriate security measures are in place to avoid jeopardizing incentive payments, or they risk receiving financial penalties for non-compliance. Secure Messaging Requires Authentication and Secure Networks. Network Security.

Security 267
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10 essential tips for bolstering cloud security in your business

CIO Business Intelligence

Network Segmentation : Separate the network into smaller, more secure subnetworks to prevent attacks from spreading. Multi-Factor Authentication (MFA) : Use an additional layer of authentication, such as a fingerprint or one-time code, to verify user identities.

Security 127
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Kaiser Permanente Discloses Data Breach Impacting 13.4 Million People

SecureWorld News

It is believed that PII (personally identifiable information) was transmitted to third-party vendors via mobile applications and other website tools used by the healthcare giant. Information collected by online trackers is often shared with an extensive network of marketers, advertisers, and data brokers.

Data 88
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What you need to know about Okta’s security breach

CIO Business Intelligence

Unauthorized access to user accounts and sensitive information becomes a significant concern, leading to potential data breaches, financial loss, and unauthorized activity. Using posture control, organizations can limit access to applications on managed devices only. When an IdP is compromised, the consequences can be severe.

Security 135