CyberVade's Weekly Scoop 🍦

Some highlights from the news, a short intro to PCI-DSS and putting Password Managers in the spotlight

Hi there, this is CyberVade’s Weekly Scoop, where every Friday we bring you some Cybersecurity, AI, Data Privacy and Compliance knowledge updates.

In today’s edition, we’ve got the following for you:

⚡️ Cybersecurity Week in Review

It’s been a week full of noteworthy and interesting updates in the cyberworld. We’d like to share some of those stories with you:

đź§  Knowledge Nugget: PCI-DSS

If you’ve read the recent May 29 press release of the Central Bank of Curaçao and Sint Maarten, you might have read that one of their recommended measures to prevent fraudulent transactions for Business and Technology partners is to ensure compliance to PCI-DSS1 .

But what is PCI DSS and why is it important?
PCI DSS, or Payment Card Industry Data Security Standard, is an internationally recognized standard to safeguard sensitive customer information and preventing data breaches via payment cards.

Major card brands like Mastercard and Visa require PCI DSS compliance by merchants. Complying to PCI DSS puts you in a good position to protect your customers’ cardholder data and to mitigate the chance of a data breach occurring.

12 principal PCI-DSS requirements

🛠️ Useful Tool Spotlight: Enterprise Password Managers

In today’s Useful Tool Spotlight: Enterprise Password Managers.

The way you create your password is extremely important in keeping you cybersafe. A password of 12+ characters is far superior than a password of 5 characters, for example, as shown in below image.

Source: Statista

Therefore, a Enterprise Password Manager is an excellent tool in your organization arsenal to stay Cybersafe. An Enterprise Password Manager enables you to do several crucial things to enhance the cybersecurity of your organization, some listed below:

  1. An Enterprise Password Manager allows you to audit how your organization is managing and updating the passwords according to your policies (without viewing the passwords)

  2. Allows your employees to use unique passwords for each of their accounts

  3. Generate robust and safe passwords using uppercase, lowercase, numbers, and symbols of any length

  4. Identify if your account information has been leaked to the dark web

In sum, you’ll only need to remember one password, while still benefiting from unique and safe passwords for all your accounts as well as being able to audit of members of your organization are adhering to your policies.

🚀Reach out to us if you’re interested in an Enterprise Password Manager

About CyberVade
CyberVade is a professional service provider focusing on cybersecurity, data privacy, AI, and compliance. CyberVade’s mission is to fortify your business and offer knowledge and managed cybersecurity tools to assist companies in their defensive strategies to fend off the ever-growing attacks from cybercriminals. We also assist clients to become compliant in any framework that applies to them such as PCI-DSS, ISO27001, SOC2.