If Massachusetts-based businesses encounter a security breach, where their in-store payment processing software is hacked or are victimized via e-commerce channels – they now have a local outlet through which to report such a crime.
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.
Cybercriminals are expected to reach into their same old bag of tricks in 2018 to steal sensitive data. However, certain types of subterfuge is poised to become more common.
Recently discovered flaws in a large number of computer computer chips can put many retailers at risk of data theft.
Visa and payments company Dynamics release the world’s first wallet card.
Forever 21 recently announced they were victims of a malware attack that compromised customer card data.
Generation Z is a young demographic with significant purchasing power.
There are three major payment trends retailers should be aware of in 2018.
Contactless payments are more secure than many consumers may believe.
Synthetic identity fraud is a growing concern for credit companies.