Payment Security Must Be a Top Priority for Merchants

When it comes to data security, merchants have to stay focused. A recent study shows data-compromise incidents hit a record high in 2021, up 23% from the previous high in 2017, according to the Identity Theft Resource Center’s Annual Data Breach Report. The number of compromises increased 68% in 2021, compared to 2020.

What can merchants do? Choose a payments provider that offers secure payments solutions. From encrypted devices to PCI compliance solutions, Sphere solutions safeguard payment data.

Ready to learn more? Reach out to us via Click2Chat or call the ACN IBO Hotline at 1-855-426-6842. We’re happy to answer your questions.

Source: https://www.digitaltransactions.net/no-time-to-relax-data-compromises-reached-an-all-time-high-in-2021/