Five things small businesses can do to protect their customers’ identities paid usbank
A local hardware store or a community coffee shop might not seem like top targets on a hacker’s agenda.
Encryption essentially scrambles data so that it’s unreadable when viewed—unless you have the encryption key. This is among the most common strategies for protecting customer data. These best practices include establishing policies employees must abide by, including guidelines for cash handling, and for storing and destroying paper documents containing personal information. It’s also smart to implement dual controls in order to make financial transactions, including submitting ACH batch files and making wire transfers.Small business data is only as protected as customers’ and employees’ passwords are strong—and they’re often quite the opposite.
“That’s where things are getting a little bit harder for businesses,” said Agcaoili. “The reality is, they need to have a good e-commerce website manager who can keep the site up-to-date, end-to-end, and ensure third-party applications are safe—for example, Magecart.”
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