10 Tips for Data Security in Your Business
The business landscape has changed dramatically over the last few weeks. More and more businesses are moving to online formats, even if just temporarily. This will bring more fraud. When you are a business owner, the buck stops with you. It is your responsibility to protect our customer’s data as well as our own system’s […]
PCI Compliance – How Is Your Business at Risk?
Most business owners have heard that PCI Compliance is important. They know they may pay a fee if compliance is not completed annually. But, do you know what is really at stake? It is cardholder data (credit card data) that is at stake. Not just your customers data, but your data as well. Just as […]
Use the Address Verification System (AVS) to Help Prevent Fraud
Payment systems have gotten much more complicated in the last 20 years. This will continue to happen as fraud prevention tools are becoming more sophisticated and complex. One fraud prevention tool that is important for all credit card transactions is AVS. AVS stands for Address Verification System. The card brands (Visa, MasterCard and Discover) require […]
Tackling Merchant Data “Insecurities”
Among both brick-and-mortar and online businesses, security plays an important role in selecting payment solutions. The rise in data breaches and the desire to avoid associated risks is driving these security concerns. But their goals aren’t just to protect their businesses. They also want to provide a higher level of service to their customers. Online […]
5 Ways to Reduce Everyday Business Data Security Risks
As a business owner are you keeping an eye on everyday data security risks? Running a small to medium size business means your customers probably have a never-ending to-do list, and it’s easy to let payment data security fall to the bottom of it. Businesses that keep data security practices up to date and top […]
Four Tips to Prevent Ecommerce Credit Card Processing Fraud
Credit card fraud can cost small businesses as much as twice the original amount of the transaction because of lost merchandise, investigations and chargeback fees. Even when the fraud is uncovered, it’s a costly, frustrating and time-consuming situation for merchants, which is why it’s important to do what you can to protect your online business. […]
Essential Tools to Fighting Online Payment Fraud
Online fraud is a persistent, major threat to businesses globally. As e-commerce transactions grow exponentially, so has the prevalence of fraudulent dealings. According to a Juniper Research paper, online frauds incurred businesses US$25.6 billion in losses globally last year. It’s imperative for e-commerce businesses to secure their online businesses against such illegal activities: besides loss […]
Protecting Your Credit Card Info Against Skimmers
It’s not a new trend, but it’s a continuing one. Banks and gas stations across the country have been targets for credit card thieves, whether it’s at the pump or at the ATM. “We have a lot of security measures in place to be able to protect our customers,” says Lindsey McClain of American Bank […]
The Seven Types of E-Commerce Fraud Explained
Alternative payment methods are attracting criminals While the increase itself is nothing new (there has been more e-commerce fraud every year since 1993), the rate is impressive. The number of fraud cases has increased by 19% compared to 2013, and this is the fourth successive time that fraud growth has exceeded e-commerce growth. Out of […]
Fraud in the Gaming Industry
Fraud is everywhere, from retail stores to digital marketplaces. Shoplifters alone account for 27 million (1 in 11) crimes in the United States. Large and small retailers deal with it, and so do you as a game developer. Because, frankly, it goes far beyond your typical petty thievery, doesn’t it? These days, especially with the […]
