Vineyard & Winery Management

September/October 2013

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BY TROY HAWES Preventing Payment Card Fraud Is your business protected? AT A GLANCE + The theft of credit card payment data by hackers is not limited to large corporations. + Many smaller companies fall prey to data thieves because they don't use proper security controls. + This can be avoided by complying with the Payment Card Industry Data Security Standard (PCI DSS). + The PCI DSS increases controls around cardholder data and provides a framework for preventing, detecting and reacting to security deficiencies. heft of payment card data is a major problem worldwide, and it's getting worse. Most merchants assume the risks lie with large corporations; however, statistics show that small and midsize merchants are at even greater risk. This is mostly because smaller merchants don't always implement the security controls necessary to protect sensitive customer data. While we haven't yet seen a large number of reported breaches in the wine industry, wineries' increasing use of e-commerce will require even more diligence in securing credit card data. A study issued in February 2013 revealed that 78% of all breaches involving personal information and credit cards in 2012 occurred in the retail, food and beverage, and hospitality businesses – mainly because these industries have similar network layouts and payment systems and often use the same software vendors. You may have heard of some of the recent major security incidents, such as the data breach at Global Payment Systems, a payment card processing company from which hackers exported up to 7 million credit card numbers in 2012, or the theft at TJX, the parent company of T.J. Maxx, Marshalls and other retail- Photo: Th 82 V I N E YARD & WINERY MANAGEMENT | Sept - Oct 2013 inkstock w w w. v w m m e d i a . c o m

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