Prevent POS Fraud with Secure Devices

On May 13, 2011 news broke of Michaels arts-and-crafts stores falling victim to debit-card data theft.

“Thieves tampered with the retailer’s debit-card processing equipment at about 80 stores from Massachusetts to Washington, according to the chain’s corporate parent, Michaels Stores Inc.

The thefts apparently involved the use of electronic devices called skimmers that allowed crooks to record information from shoppers’ debit cards and steal their personal identification numbers, or PINs.1

A Merchant’s Best Friend: E2EE & Tokenization

It’s the start of a New Year and, naturally, businesses begin prioritizing projects.  “What can we accomplish this year? What projects can we take on that will deliver the most bang for the buck.” Each division jockeys for position and vies for scarce time and resources.

The single most important business decision merchants can make this year centers on data security. All the hard work your teams put in every day is rendered useless in the event of a data breach. Progress stops and all attention shifts toward survival.