Holding payments security up to the light, I am reminded of a line from author, John Steinbeck:
“We spend our time searching for security and hate it when we get it.”
Large retailers aren’t the sole targets of credit card data breaches. Small business, while less lucrative for cybercriminals, can present easy pickings if the merchants accept credit cards and haven’t taken some very basic steps to secure their payments environment. Here’s what your business can do to reduce the risk of having thieves access your customers’ sensitive credit card data.
As the payments industry continues to get a handle on fraud, it’s finding the cracks still open to criminals. Secure technologies like EMV, encryption and tokenization have covered many security holes. Yet, level 4 merchants – the smallest businesses – are now experiencing the bulk of data hacks.