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A Payment Breach Prevention Plan
The total number of fraudulent payment card transactions has grown every year since 2006, and experts are calling 2014 “the year of the breach.” The Ponemon Institute found that each breach cost the average retailer $8.6 million in related expenses, and the price tag connected with a data breach increased across the board, reaching $20.8 million for financial service firms, $14.5 million for technology companies and $12.7 for communications providers.
With attacks continually on the rise, it’s more important than ever that merchants protect themselves from the potentially huge financial losses and damages to their brand and customer loyalty associated with a data breach. Join this educational session to gain insights and some key steps to prevent payment card breaches across your organization.
Senior Analyst for Security and Risk, Forrester Research
Sr. Solutions Architect, HP Security Voltage