The IRS hackings prove that no one is safe from the reach of hackers. What typically happens though, is that small businesses get hacked any do not know it. It sounds insane, but it is true many times. Small businesses do not have the funds for advanced security that the big business do, and at times they even forgo it all together. Sadly, now it looks like even the Feds need help in the security department. While security is one major thing that all merchants need, there are simpler things that can save you, and your customers, from a major headache.
High risk merchant account providers can help tremendously when it comes to monitoring accounts and providing terminals security. You need to make sure that your provider is up to date, and up to task, when it comes to security. EMB is one of the few who are always on top of any issues that may arise in the high risk industry. Another good rule is to educate your employees on good security etiquette. From not clicking onto unknown emails and popups, to being careful with checks and debit cards, employee error is a good chunk of fraudulent issues. Also, be sure to keep a written record of your standard operating procedure, as well as any checklists that can help you and your staff stay in the clear when it comes security.
It is also a good idea to keep a written inventory of data that you store, be it your data, employee data, or customer data. By keeping this information handy, you can know what may have been compromised if a hacking occurs. Another good rule of thumb is to keep up to date with the Better Business Bureau (BBB) and its online guide to data security. It is updated often, and by checking in a few times per year you can keep abreast of issues and tips that can help you and your employees keep your customers safe. There is no one “right” way to keep your company secure, but there are tips that can help you out along the way.