What Is Payment Tokenization and What Will It Mean for Information Security?
Every time your customers make an online payment, they trust that their sensitive data won’t end up in the wrong hands. But what if it did? With cybercriminals using AI and launching direct attacks on payment systems, securing financial transactions has become a high-stakes challenge for businesses worldwide. In the first half of 2023, around 48.77 billion card payments were made with EU/EEA-issued cards, of which an average of 7.31 million were fraudulent.