In terms of what poses the biggest risk to business owners’ bottom line and smooth flow of quality services, topping them all are business interruption and cybercrime, according to recent findings from Allianz.
Recently discovered flaws in a large number of computer computer chips can put many retailers at risk of data theft.
Forever 21 recently announced they were victims of a malware attack that compromised customer card data.
Contactless payments are more secure than many consumers may believe.
Synthetic identity fraud is a growing concern for credit companies.
Fallback fraud rates are growing but merchants can stop it.
Card not present fraud is an issue merchants should be aware of.
There are a number of things retailers can do to protect themselves from various types of cybersecurity breaches.
Retailers that fail to adopt EMV technology face fines and increased chances of fraud, and it’s up to them to increase their security protections through EMV adoption.
According to Sept. 25 report from The Guardian, Deliotte, a multinational auditing, tax consultancy and cybersecurity firm that serves numerous Fortune 500 companies, was the victim of an information hack.