A special thanks to all our readers for following our blog throughout the past year. We look forward to sharing more insights with you in the coming year that we hope you’ll find both interesting and informative.
All businesses can become the victim of a cyberattack or security breach. For those dealing in credit cards, debit cards and/or electronic fund transfers, breach protection is a must. It is the responsibility of every merchant to provide policies and technology to guard their business and its customers from the devastating losses that follow a security breach – which may include acts of fraud and stolen identities.
In a November 10, 2014 statement, the U.S. Postal Service® (USPS®) acknowledged a data breach that may have compromised the personal information of more than 800,000 employees, as well as data on customers who contacted its call center during the first eight months of this year.
Most everyone is familiar with reusable stored-value gift and loyalty cards. They look similar to standard credit cards and include a magnetic stripe that contains card information. They are popular with consumers year round — but even more so during the holidays.