SafeBreach, a breach and attack simulations company, has expanded its collaboration to leverage Visa’s Threat Intelligence solution for the prevention of payment fraud.
Visa Threat Intelligence is an enterprise security offering for businesses that accept, store and process payment data. Through the Visa Developer Center API, the solution delivers threat intelligence feeds in the form of indicators of compromise (IoCs).
The IoCs are said to provide better visibility and insights into threats and fraud associated with the global payments ecosystem.
They are set to support SafeBreach Hacker’s Playbook that enables validation of security defences within 24 hours by using new simulations based on real-world, critical attacks.
This simulation of hacker breach approaches is expected to further facilitate improvements in the existing defences.
SafeBreach CEO and co-founder Guy Bejerano said: “Historically, the payments industry has been the sector under the most widespread and aggressive attacks from all manner of cyber actor.
“With an ability to almost immediately simulate attacks just emerging in the marketplace using exclusive IoCs, and validate defences specific to each customer’s environment, means a customer can quantify the impact of an attack before it happens.”
Visa senior vice-president of risk and authentication products Mark Nelsen said: “Trust and security are the cornerstones of the payment system, and we want to work with all stakeholders to make their businesses stronger and safer.
“Through our work with SafeBreach, we’re empowering customers to identify and stop attacks by providing relevant, actionable threat intelligence.”