Not enough companies are keeping payment information secure

A recent report by Verizon on payment security outlines how many organisations fail to protect customers credit/debit card information. This links back to not enough companies hiring or hold CISO or security specialist positions impacting continued compliance with Payment Card Industry Data Security Standards.

With cybercriminals targeting 9 out of 10 attacks on payment information, it is important that these issues are rectified to protect customer data. In Verizon’s Data Breach Investigation Report, they found that within the retail industry, 99% of attacks focus on obtaining payment information.

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