In the digital world, security is of utmost importance. As we grow increasingly dependent on online transactions for our day-to-day activities, ensuring the safety and privacy of our financial details becomes a top priority. Introducing ACH tokenization: an essential tool for safeguarding sensitive payment details. What is it, and why is it so vital?
In the dynamic world of modern commerce, managing payments can be a complex challenge. The need for a seamless, efficient, and secure payment system is paramount. That’s where Payment Orchestration comes into play—a game-changing solution revolutionizing the way businesses handle transactions. Let’s dive into the world of Payment Orchestration and how it can transform your business landscape.
This past Friday, a critical vulnerability in the Apache Log4j library was reported, the severity of this vulnerability was scaled at a level 10 out of 10. In the case of malicious exploitation of this vulnerability, it would leave an easy and open gate for an attacker to take full control over the system.
A major and unexpected outage in Amazon’s cloud computing network resulted in significant disruption to many businesses and services on Tuesday, Dec 7th. This outage impacted a large variety of businesses ranging from airline reservations, auto dealerships, payment applications, and streaming services.
With the increase in Ransomware attacks over the last year, it seems that’s all we read these days in the headlines. It was estimated that in 2020 the world saw a 150% increase in ransomware attacks and the trend has continued into and throughout 2021. Many businesses around the world are searching for advice on how to increase their security and reduce the threat of becoming the next victim of an attack.
On Tuesday the OPP has announced that a government employee is one of the two people charged following an investigation into a security breach related to Ontario’s COVID-19 immunization system.
The Toronto Transit Commission was recently a target of a very large cyber breach which led to service shut down as well as compromised employee data. The ransomware attack was discovered by their IT team through unusual network activity, at that time the effect of the attack seemed very minimal but quickly took a turn by midday the next day.
The University of Colorado has recently had to reach out to thousands of students to advise them of an unfortunate data breach that has compromised personal information. According to sources, the breach occurred through unpatched software associated with Atlassian Corporation Plc
Back in August of last year, India was the victim of a major data breach which resulted in the exposure of data for 35 million consumers, since then the Reserve Bank of India has updated its guidelines to mandate tokenization through Indian Merchants.