How to Avoid a Data Breach: Five Tips for Retailers

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Know Exactly Where Your Business Is Being Conducted

The majority of retailers have their customer data spread out across multiple locations, including at the company's corporate offices, at specific retail store locations or even within the brand's online portal. Because of this, it is critical for retailers to understand how and where customer data — especially payment information — is being accessed, handled, and most importantly, how it is being secured.

'Tis the season to be breached. The holiday shopping season is upon us, and after the year the retail industry had, both consumers and retailers have a right to be nervous. Breaches are inevitable, and hackers are sophisticated. For shoppers, these security concerns give consumers another reason to closely monitor checking and credit card accounts. Retailers, too, should stay vigilant for suspicious activity and consider their security strategy going into this shopping season.

WinMagic Data Security published "5 Observations of Retail Data Breaches: Why Encryption?," an eBook outlining how data encryption can augment the existing PCI Data Security Standard and solve the data-protection challenges facing the retail industry. Mark Hickman, COO at WinMagic Inc., has five best practices for retailers to remain safe this holiday season.

 

Related Topics : Unisys, Stimulus Package, Security Breaches, Symantec, Electronic Surveillance

 
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