Damage related to cybercrime is projected to hit $6 trillion annually by 2021. No matter how careful you are, everyone is vulnerable to a cybersecurity attack.
“Preventing cyber-attacks isn’t easy, as a company we go through a stringent Level 1 Payment Card Industry (PCI) compliance audit in the U.S. and EU,” said Segpay CEO Cathy Beardsley. “This audit helps us protect merchants who use our services and is required by our major credit partners.”
Attacks against e-commerce applications are by far the leading cause of breaches in the retail industry. Now that the entire world is using credit more for contactless payments, it’s very important to make security one of your top priorities. In Cathy’s latest column Three Tips to Increase Your Subscription Site’s Security she offers advice on what merchants can do to protect their business by prioritizing security. You can read the entire column here.