The 2016 KPMG Consumer Loss Barometer reported recently that 20 percent of consumers would take their business elsewhere permanently from a retailer in the event of a data breach. The trust and sales from your customers, as well as your reputation are at risk through breaches in cyber security. In order to avoid a breach for your business, it is imperative that you ensure you are following Payment Card Industry’s Data Security Standards (PCI DSS). In the event that you and your business suffer from a breach and have not complied with these regulations, you could end up paying fines and be held liable for any incurred losses due to compromised cards. This is why pairing together your products and your services with additional data security helps to keep your business and your customers protected.
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