Visa's Security Roadmap 2025-2028 for Australia sets out six focus areas for strengthening payment ecosystem resilience. The timing matters: card fraud rose 32% to A$762 million in 2023, while scam losses exceeded A$2.7 billion. For Australian businesses, the roadmap is a practical guide to where payment security needs to improve, and where Peakhour's controls can help.
The Six Focus Areas
Visa's roadmap identifies these priorities:
- Preventing enumeration attacks
- Continued investment in secure technologies
- Shifting to data-driven risk approaches
- Ensuring ecosystem resilience against fraud and scams
- Enhancing cyber security posture
- Securing digital payment experiences
Below is how each area affects Australian businesses, and where security controls need to do real work.
1. Preventing Enumeration Attacks
Enumeration attacks use automated tools to test stolen credentials across multiple sites. Visa reports a 40% increase in these attacks, leading to more than US$1.1 billion in fraud losses globally.
Peakhour's Bot Management and Advanced Rate Limiting solutions address this type of automated abuse by:
- Detecting and blocking automated credential testing
- Identifying suspicious patterns in login attempts
- Preventing distributed attacks using residential proxies
- Providing real-time threat monitoring and response
2. Secure Technologies and Customer Experience
Visa emphasises moving beyond SMS one-time passwords (OTP) to more secure authentication methods by 2026. This fits Peakhour's contextual security approach, which:
- Supports biometric and in-app authentication
- Enables risk-based authentication decisions
- Integrates with EMV 3DS protocols
- Reduces friction for legitimate users
3. Data-Driven Risk Management
The roadmap calls for stronger use of data in fraud prevention. Peakhour's solutions support this through:
- Real-time risk assessment using multiple data points
- Integration with EMV 3DS for enhanced decisioning
- Network fingerprinting for threat detection
- Advanced analytics for identifying suspicious patterns
4. Fighting Fraud in the AI Era
With both unauthorised fraud and scams rising, Visa emphasises the need for AI-powered detection. Peakhour helps by:
- Detecting AI-powered attacks
- Identifying and blocking emerging threat patterns
- Protecting against automated fraud attempts
- Supporting real-time fraud prevention
5. Enhanced Cyber Security
Data breaches increased 19% in late 2023, keeping breach prevention and monitoring on the same agenda as payment fraud. Peakhour supports this priority through:
- PCI DSS compliance assistance
- Protection against data breaches
- Third-party risk management
- Continuous security monitoring
6. Securing Digital Payments
As new payment experiences emerge, security needs to move with them. Peakhour's solutions help by:
- Supporting secure implementation of new payment methods
- Protecting APIs and digital interfaces
- Enabling safe adoption of innovative technologies
- Maintaining security across all channels
What This Means for Your Business
Australian businesses face increasing pressure to improve their security posture while maintaining smooth customer experiences. Visa's roadmap gives them a clear framework for prioritising that work.
Peakhour's integrated security solutions map to the same operational priorities, helping businesses:
- Prevent automated attacks and fraud
- Support modern authentication methods
- Enable data-driven security decisions
- Protect against emerging threats
- Maintain regulatory compliance
- Secure new payment experiences
Taking Action
To align with Visa's security roadmap, businesses should:
- Assess current security measures against the six focus areas
- Identify gaps in protection against automated attacks
- Plan migration from SMS OTP to more secure authentication
- Implement data-driven security approaches
- Enhance protection against AI-powered threats
- Strengthen overall cyber security posture
Peakhour can help you meet these objectives through practical security controls. Contact us to discuss how we can help protect your business and align with Visa's security roadmap.
Looking Ahead
The Visa Security Roadmap 2025-2028 sets clear priorities for improving payment security in Australia. By implementing appropriate security measures now, businesses can better protect themselves and their customers as threats change.
We'll cover each focus area in more detail in upcoming posts. In the meantime, explore our security solutions or contact us to discuss how we can help strengthen your security posture.
