When it comes to data security, most small businesses find themselves in a conundrum. Statistics show that small businesses are most vulnerable to hack attacks and data breach, so it’s critical that their owners take the proper steps to protect themselves and their customers. But how?
Credit card fraud is a subject that most people want to avoid, and understandably so. However, a basic understanding of what constitutes credit card fraud, how it occurs and how to prevent it can help merchants and consumers protect themselves and keep their financial information safe.
A new report on the nature of data security threats faced by companies, detection and response trends, and the consequences that follow reveals that employee negligence was responsible for more than a third of the incidents studied.
When you are running a successful business and things are going well, you may not want to think about what could go wrong, but to protect your investment you should focus on business security and disaster preparedness. Security is the foundation of all electronic transaction processing and TransFirst® is also committed to helping you keep your business safe.
The more compliant you are with Payment Card Industry Data Security Standards (PCI DSS), the less likely you are to suffer a data breach, is a key takeaway of the Verizon 2015 PCI Compliance Report. Security needs to be a part of the culture of the organization — something that has been said for a while and emphasized in Version 3.0 of the PCI DSS, the Council’s updated data-security standard.