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As databreaches evolve and advance, a robust payment processing system that protects sensitive financial information is essential. By protectin g payments in Sage 100, your company can reduce the risk of databreaches and fraud, ensuring a secure experience for all parties involved.
Now more than ever, businesses are focusing on preventing databreaches and implementing response protocols to mitigate breaches if they occur. According to the 2023 IBM DataBreach Report , the global average cost of databreaches was $4.45 What are databreaches?
It boils down to minimizing the risk of databreaches and maximizing the security of cardholder information. This is achieved through a multi-pronged approach: DataEncryption: Requirement 3 mandates the use of strong cryptographic controls such as encryption for stored cardholder data.
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