Protect your business from card fraud

PCI compliance is the single most important thing that your small business can do to maximise the security of all of your card transactions.

Transcript

Card Fraud is Big Business

PCI compliance is the single most important thing that your small business can do to maximise the security of all of your card transactions.

• there were 17.4 billion card transactions last year
• 75% of financial fraud took place via card payment
• 51% of companies have taken recommended action on identified cyber risks
• £567.5 million lost to card fraud in 2015
• 35% of consumers would not purchase from a company who had a data breach
• 50% of consumers say businesses couldn’t win back their confidence after a data breach

Card fraud losses by type

• 2% card not received
• 7% id theft
• 8% counterfeit card
• 13% lost or stolen card
• 70% remote purchases

Why your business should become PCI compliant

• Build customer trust
• Stay competitive
• Protect your brand
• Reduce data mis-handling risk

How PCI compliance protects your phone payments
Telappliant offers cardAssure a PCI compliant, agent payment interface

1. Customer calls business
2. Customer connects to agent
3. Agents login to web interface for payments
4. Customer enters details on dial pad
5. Encrypted details are sent to payment provider

Contact Telappliant today to find out how you can protect your customers data

Sources:
• http://www.theukcardsassociation.org.uk/security/what_is_PCI%20DSS.asp
• https://www.pcicomplianceguide.org/pci-faqs-2/
• https://www.financialfraudaction.org.uk/fraudfacts16/
• http://intelligent-defense.softwareadvice.com/consumer-confidence-security-breach-era-0614/
• https://www.gov.uk/government/
• http://www.focusonpci.com/site/index.php/articles/pci-misconceptions.html
• http://www.verizonenterprise.com/resources/report/rp_pci-report-2015_en_xg.pdf