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Thread: The security of financial transactions

  1. #1

    Default The security of financial transactions

    The security of financial transactions is the most important requirement for the work of a payment provider. That is why we developed Fondy Protect technology, our proprietary solution to protect entrepreneurs from fraudulent transactions, and buyers from suspicious sellers or questionable services.
    In this article, we will tell you what security measures are used in the field of payment cards, what are PCI DSS and PCI compliance and what are the requirements for compliance with these standards, why anti-fraud technology is needed, and how other solutions are involved that provide the highest degree of protection when using payment cards. Fondy services.

  2. #2

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    Good afternoon! In order to avoid problems with the security of payment data for my organization, I was looking for possible solutions and a company that can handle this. After searching, I found a suitable pci compliance solutions Very good security for the payment system. The popularity of cashless payments on the Internet is growing every year, so protection should come first.
    Last edited by Raymond31; 23rd May 2022 at 04:44 PM.

  3. #3

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    Smart contract auditing is a necessary process that helps detect various security vulnerabilities. So the question - Why is a smart contract audit so important? It's not worth discussing. First of all, auditing has a preventive value to prevent emergencies from occurring. The issue of cybersecurity is very important and everything has to be done to prevent data breaches and theft of financial assets. https://blockauditor.io/why-smart-co...-is-important/

  4. #4

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    Hello. And what about cyber crimes? What is cyber security? Why is it important?

  5. #5

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    In today’s world, cybersecurity is a need for all. It becomes a part of the computer’s life. It is important because the government, financial, corporate, and medical organizations stored a huge amount of data on their Computers. The data they are storing can be hypersensitive, whether it is related to financial data, personal data or other types of data for which unauthorized exposure could have negative effects on an individual or organization.

    For doing business, organizations have to send important data to other devices across the network. Cybersecurity aims to protect the transmitting information. As the graph of cyber attacks grows, companies that are providing services need to take steps to protect sensitive and personal information.

  6. #6

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    Security of financial transactions is of paramount importance in today's digital landscape. With the increasing reliance on online banking, e-commerce, and digital payments, safeguarding our financial transactions has become crucial. Cybercriminals are constantly evolving their techniques, making it essential for individuals and businesses to prioritize robust security measures. Recent cybersecurity statistics, as reported here, underscore the significance of this issue, highlighting the growing number of data breaches and financial fraud cases. These stats serve as a wake-up call for businesses to invest in secure payment gateways, encryption protocols, and multifactor authentication to protect sensitive financial information.

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