Liability in the Event of a Payment Card Breach

This is the second in a series of four brief summaries about what small business owners need to know about data breach risk and liability. By now, every merchant that accepts credit and debit cards likely knows about the Payment Card Industry Security Standard (PCI DSS). And if they don’t — they should. It’s an…

What You Don’t Know Can Hurt You

This is the first in a series of four brief summaries about what small business owners need to know about data breach risk and liability. Many small merchants are surprised to learn that they can be held liable for tens of thousands of dollars in fines and other expenses when a data breach occurs. What…

Data Breach: Non-Monetary Damages are Painful

If your small business is unlucky enough to be the victim of a payment data breach, the out-of-pocket expenses resulting from a data breach are just the start of your headaches. Consider the damage to your brand and your business reputation. Consumers who use their payment cards at your establishment place a high level of…

Small Business: The Cost of a Data Breach

Did you know it’s possible for your business to experience a serious data breach even if you do not store cardholder data after a transaction? Cyber criminals have become quite adept at breaking into merchants’ POS systems that capture and forward electronic payments. If your business is unfortunate enough to have this happen, you can…

The ABCs of EMV – Part 2

An Essential Part Of A Larger Security Strategy This is the second in 3-part a series about EMV technology and how it helps keep sensitive data away from cyber-thieves. Thieves can steal payment card information and use those stolen accounts for fraudulent transactions in many ways. EMV technology does not protect against all the ways…

EMV is Here: Are All Your Locations Chip-card Ready?

If you’re in a decision-making position at the corporate or executive HQ at a large, national or regional retailer or restaurant chain, it is my hope that the above title doesn’t leave you with questions. If it does, you’re already behind the eight ball with little time left to make the necessary changes to each…

The ABCs of EMV

Solving The Problem Of Payment Card Fraud This is the first in a 3-part series about EMV technology and how it helps keep sensitive data away from cyber-thieves. Payment card fraud is a fast-growing problem that negatively affects the bottom lines of merchants and card issuers around the world. In 2013, merchants and issuers lost…

The Time to Develop an EMV Action Plan is NOW!

Payment card fraud is one of the fastest growing problems negatively impacting merchants and card issuers around the world. Check out this infographic to see how you can develop an EMV-readiness action plan to avoid potential liability costs from fraudulent non-EMV transactions.

Creating a Culture of Cyber Security

Cyber Security Awareness Month is coming to a close, but that doesn’t mean that the threats go away. In fact, it’s important to keep the same level of attention on cyber security during the other eleven months of the year. First Data, in conjunction with TrustWave, put together an informative infographic that describes some of…

White Paper: Machine Learning, Security and the Future of Fraud

Fraud attacks are getting to be more sophisticated – as technology evolves fraudsters have elevated their game on payment fraud and money laundering. With access to faster and cheaper computing, fraudsters have shifted their targets to more profitable weaker points in the financial services chain. Sixty-five percent of organizations with annual revenues of at least $1 billion…