46 June 2014
|
beautystorebusiness.com
Credit card security breaches
are happening more frequently.
Take steps to avoid penalties
and protect your customers.
by Phillip M. Perry
CREDIT CARDS. WHAT WOULD TODAY'S RETAILER DO WITHOUT
them? If you're like most merchants, you've found that the ubiquitous plastic
card has become the default transaction tool for purchases large and small.
But there's a hidden danger in being too cavalier about how your staff handles
credit card transactions. You can be hit with costly fines and penalties if you
ignore increasingly tight regulations governing the protection of customer
data, especially if your violation leads to an actual release of customer
information into criminal hands. "Merchants who store, process or transmit
credit card data need to understand they have a responsibility to protect
that data," says Mark Burnette, a partner with LBMC Security & Risk Services
(lbmc.com) a Nashville, Tennessee-based consulting firm.
Protecting
Sensitive
Customer
Data
Thinkstockphotos.com
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