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CISO’s Role in Payments Starts With Risk Mitigation

  • The role of the chief information security officer (CISO) is central in protecting financial transactions and mitigating payments risk in digital payments.
  • Testing and expertise of the CISO aid in securing sensitive financial data, preventing fraud, and ensuring compliance with industry regulations.
  • Tokenization, replacing sensitive data with unique identifiers, is considered the future of cybersecurity and builds consumer trust.
  • CISOs are responsible for managing third-party risks, educating employees and customers, and continuously evolving the security playbook in the ever-expanding digital payments landscape.

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