Read more about the article Data Breach Recovery and Prevention: What You Need to Know

Data Breach Recovery and Prevention: What You Need to Know

Data breaches have become an unwelcome part of doing business in the digital age. They cost time and money for recovery and cause reputational damage due to lost customer trust. Fortunately, with the right prevention measures and an effective data breach recovery plan, your business can protect itself. In this blog post, we'll discuss what a data breach is, how you can identify one, the steps you need to take to recover, and how you can prevent future events. What Is a Data Breach? To put it simply, a data breach occurs when an unauthorized individual or group gains access to a company's sensitive data, such as financial records, customer information, or intellectual property. Cybercriminals typically use malicious software (malware) to gain access to the…

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Read more about the article The Ultimate Guide to PCI Compliance

The Ultimate Guide to PCI Compliance

 PCI compliance is hard to understand. Not only is there a knowledge barrier when learning the PCI Data Security Standard, but there’s an enormous executional barrier in meeting its demanding requirements.Getting compliance wrong can result in crippling financial penalties, a marred reputation, and serious legal consequences. We created this guide to make the process a little less scary. It breaks down everything there is to know, from why PCI compliance exists to how you can meet its requirements. Keep reading to learn how to make PCI compliance a breeze. Table of Contents: What Is PCI Compliance? Who Is Required to be PCI Compliant? What Could Happen if You Aren’t… How To Become PCI Compliant Key Overview: PCI Data Security Standards (PCI DSS) are a set…

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Read more about the article A Guide to Payment Routing

A Guide to Payment Routing

Money can’t buy happiness, but it can keep your business running. Every business owner needs to get their money delivered safely and on time. Efficient payment routing is the best way to minimize transaction costs, increase acceptance rates, and distribute transactions evenly.Routing is a key part of payment processing, especially for businesses that use multiple payment service providers. Keep reading to learn more about payment routing and how to find the best solution for your business.What Is Payment Gateway Routing?Payment routing is the path a transaction follows after someone makes a purchase. All non-cash purchases go through routing, but in the context of business, payment routing typically refers to companies accepting payment from customers.An example of payment routing could be a customer using a credit…

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Read more about the article How Does Credit Card Tokenization Work?

How Does Credit Card Tokenization Work?

 By 2023, U.S. retailers will lose $130 billion each year on card-not-present transactions. Securing payment data is an ethical and legal obligation for businesses today. One of the best ways to make sure that customer data stays secure is with tokenization. Keep reading to learn about how credit card tokenization works and how you can start incorporating it to keep your business secure and PCI compliant.What Is Tokenization?A company can protect its sensitive data from criminal attacks with tokenization. Tokenization is the process of swapping sensitive data for “tokens”, which have no meaning or security risk associated with them. This swap is important because it adds an extra layer of security for the original sensitive data. In the case that a criminal breaches a tokenized…

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