Businesses are being urged by PCI Pal’s CEO James Barham to step-up data protection processes and utilise descoping payment security technologies, so no sensitive card data is available to hackers.
This comes after British Airways has been fined millions of pounds after a breach last year resulted in approximately 380,000 transactions being affected, with compromised data including names, email addresses and some credit and debit card information.
James Barham, CEO of PCI Pal, commented, “Payment card data is the ultimate reward for hackers therefore businesses need to look at all areas of potential vulnerability in both their systems and processes. It is vital to identify solutions that can prevent such breaches from occurring, which will not only help avoid hefty financial penalties, but also the loss in customer confidence and reputational damage.
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Email Jaime“Today, businesses can avoid storing payment card data by using descoping technologies. If integrated into contact centres, sensitive data will never enter the enterprise when payments are transacted over the phone, meaning the risk is removed.”
He added, “By using the right secure payment technologies to simplify a company’s route to PCI compliance, ultimately data security is improved so much so that it is as though card data is not handled in the first place. Additionally, utilising technology in this regard clearly demonstrates to customers that the company they are dealing with has taken steps to secure their data.”
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