Glossary of Compliance

Compliance Glossary

Our list of curated compliance glossary offers everything you to know about compliance in one place.

Card Skimmer

Card skimmer is a device attached to the card reader that skims and steals the card information like card number, expiration date, and CVV code. This device reads the debit/credit card information from the magnetic stripe at the back of the card and stores it in its memory module. Generally, a card skimmer is placed in ATMs, shopping malls, petrol pumps, or other Point of Sales (POS) terminals to steal the card information of shoppers. Cybercriminals use this information for unauthorized purchases or to create counterfeit cards.

Additional reading

Blogs SOC 2

SOC for Cybersecurity: Requirements, Report, & Examination

A growing concern for service and non-service organizations alike is the increasing threat to data. With an increase in cloud exploitation by 95% businesses are under pressure to take adequate measures against malicious actors. One way to demonstrate their seriousness toward security is through a globally accepted framework like SOC for cybersecurity. In this article,…

Blogs

How to effectively plan your Cybersecurity budget for 2025?

Gartner predicts global information security spending will rise by 15% in 2025. According to Forrester, 2025 will be the year of CISO fiscal accountability, with organizations worldwide expanding their budgets and demanding justification for past investments. As AI, ML, and quantum computing make waves this year, businesses are also under pressure to balance risk management,…

Blogs

Security Questionnaires: Why You Received One and How to Respond

In the present day, sensitive information, intellectual property, and vital infrastructure can all be compromised by a breach in a vendor’s system, resulting in significant financial loss and damage to an organization’s reputation. According to a survey conducted by Ponemon Institute in 2022, about 56% of respondents claimed that they suffered some form of a…

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