In 2017, the New York Department of Financial Services (NYDFS) issued new requirements concerning Identity and Access Management (IAM). The intent was clear: to protect institutional and customer data by requiring multi-factor authentication (MFA) or equivalent measures.
In practice, however, the strengthening of Identity-based security has been…
For financial service providers, enabling convenient and seamless payment while keeping sensitive customer information safe is paramount. In 2006, a group of providers founded the Payment Card Industry Security Standards Council, a global forum meant to develop and maintain guidelines and standards to secure payments and cardholder data. The…