Payment Security

The Payment Card Industry Security Standards Council launched the eagerly awaited PCI DSS v4.0, marking a significant leap in the ongoing development of security standards safeguarding payment card data. Core Enhancements and Goals of PCI DSS V4.0

Every business leader knows the important roles trust and confidence play when it comes to customer experience. Businesses want their customers to feel confident doing business with them and not have to worry about anything else other than enjoying the product or service that they bought.

The PCI Security Standards Council recently published a piece on its website that deals specifically with the enhanced risks faced by restauranteurs in particular and small businesses in general during the holiday season.

A massive data breach recently was discovered at Desjardins, one of the largest federations of credit unions in North America. Information related to names, addresses, birth dates, social insurance numbers, email addresses and information about transaction habits of 2.7 million group members and 173,000 business customers were compromised.

Despite the best efforts of businesses to beef up their internet security, hacks, data breaches and cyber-attacks continue to be a serious threat to their customers’ sensitive and confidential information, particularly their credit card data.