Monday, 29 December 2014

Mobile Pay Security Risk is too Large to Manage Internally


From Payments Source –

“The Sony Pictures web attack may have led you to question whether your own business was secure and if the information your clients provide via different payment methods can be breached, causing mistrust between business owner and vendor.

With mobile payments becoming one of the hottest markets in tech, is this method of payment secure? In the last few months, we have seen Apple vie for this growing market with Apple Pay, as well as Snapchat’s Snapcash. There are also rumors that Facebook will soon offer a service for users to send money to each other.

How do you know if this method of payment is safe? You don’t without entrusting your business to a third-party IT professional. If it isn’t, you could compromise a client’s customer record, and you can be open to legal exposure.”

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