Least Privilege
Least Privilege is a security principle that ensures users, systems, and applications have only the access they need to perform their tasks—nothing more. In payment processing, this minimizes the risk of unauthorized transactions, fraud, and data breaches by restricting exposure to sensitive financial information.
Why It’s Important
Enforcing Least Privilege strengthens security, reduces insider threats, and helps businesses comply with regulations like PCI DSS (Payment Card Industry Data Security Standard). By limiting access, companies protect payment data and maintain trust with customers.
Strengthen Payment Security with Prismpay
Restricting unnecessary access to payment data is key to preventing fraud and ensuring compliance. Prismpay offers secure payment solutions to help businesses protect transactions.
Want to improve security? Contact Prismpay today to learn more.
Related Terms & Synonyms:
- Role-Based Access Control (RBAC): Grants permissions based on job roles.
- Zero Trust Security: Requires ongoing verification for access.
- Access Control: Manages and restricts user permissions.
- Principle of Least Authority (POLA): Another term for Least Privilege.