Tuesday, February 9, 2016

Credit Card Security and How to Protect Your Business

When it comes to safeguarding your business, begin with one assumption - you have already been breached.
As another year passes, the state of credit card processing security in general remains bleak. On December 1st, 2014, the Privacy Rights Clearinghouse (www.privacyrights.org) reported that within the retail and restaurant business type, 40 major breaches with over 58 million stolen records have occurred year-to-date. While these breach numbers are astounding, even more so is the additional 225 reported cases in which 8 million more records were hijacked via small business operations. Further, consider that these large numbers represent only a fraction of the total breaches and records stolen as most go unreported to the public. Any businesses who accept credit or debit cards as a method of payment, are a potential breach source. As the sophistication of malware increases, more smaller businesses become vulnerable. Read more here
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1 Comments:

At April 28, 2017 at 2:35 AM , Blogger Tommy Kront said...

I hate scammers! It's just a nightmare. I'm outraged because my money was stolen from my account! This enraged me and I studied many of the offers of other banks on this platform http://bankchart.com.au/business/credit-cards . Because I needed that the bank could provide reliable data encryption and this more saves from thieves. Now I'm cooperating with another company and even got a few nice offers on the loan rate. But I urge you to be vigilant!

 

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