Getting smart about security when selecting an online payment system
Austin Briggs Cyber Security Blog
You don’t need to be an online security expert to know that the amount of fraud committed over the internet is on the rise. Criminal misdeeds dominate headlines in what often sounds like a plot from a spy thriller, with tales of “breaches” and “attacks” by shadowy figures lurking in far off lands.
You don’t need to be an online security expert to know that the cost of that fraud is also on the rise. Direct costs to the victims of cyberattacks are staggering, as the most private and sensitive information of individuals, businesses, and governments are laid bare through cybercrime. The indirect costs of fraud are almost incalculable: reputations built meticulously over decades can be irreparably damaged virtually overnight.
You don’t need to be an online security expert to run a small business that accepts payments online. But when selecting an online payments system for your business, you do need to know enough about security to ask the right questions. You need to know enough about security to make smart decisions when selecting the tools and partners that will help you protect your business.
If you run a small business that accepts online payments in 2018, you do need to know the basics: the costs of online fraud for small businesses, the basics of card data security and the promise of tokenization, and a few fraud detection and prevention best practices specific to online sales.
You don’t need to be an online security expert to know that the amount of fraud committed over the internet is on the rise. Criminal misdeeds dominate headlines in what often sounds like a plot from a spy thriller, with tales of “breaches” and “attacks” by shadowy figures lurking in far off lands.
You don’t need to be an online security expert to know that the cost of that fraud is also on the rise. Direct costs to the victims of cyberattacks are staggering, as the most private and sensitive information of individuals, businesses, and governments are laid bare through cybercrime. The indirect costs of fraud are almost incalculable: reputations built meticulously over decades can be irreparably damaged virtually overnight.
You don’t need to be an online security expert to run a small business that accepts payments online. But when selecting an online payments system for your business, you do need to know enough about security to ask the right questions. You need to know enough about security to make smart decisions when selecting the tools and partners that will help you protect your business.
If you run a small business that accepts online payments in 2018, you do need to know the basics: the costs of online fraud for small businesses, the basics of card data security and the promise of tokenization, and a few fraud detection and prevention best practices specific to online sales.
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