Information from my shopping cart and merchant account vendor’s newsletter. It applies to what I do so here I am sharing it with you. You can figure out the moral of the story!
Data breach incidents in the United States alone cost companies an average of $188 per compromised record in 2012*.
Multiply that by dozens or even hundreds of customer records, and it’s easy to see how the costs to your company can spiral quickly out of control if your system is compromised. Clearly, data security is a huge concern to merchants of all sizes.
Courtesy of Authorize.net
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