Ever since the liability shift, retail POS security has been top-of-mind. Ensuring your POS is secure is essential to keeping yourself, your customers, and your business safe from criminals. Because security is such a major concern, it’s important you understand all the necessary steps to take to ensure all of your bases are covered.
Here are a few actions you can take to protect yourself:
1. Understand What Confidential Data is Collected
To ensure retail POS security, you first need to know what data is being collected, stored, and utilized, so you understand what needs to be protected. The most common types of data collected by a POS are:
Payment card information
If you take credit card transactions, there’s a high chanced that payment card information such as card numbers, expiration dates, and cardholder data has been collected.
Personally identifiable information
This information is collected from your customers and employees and is often stored on your POS, which can make it a target for criminals if it isn’t properly secured.
This information is your own financial accounting data, paperwork, and sensitive documents you have for your business, which needs to be protected on your own behalf.
2. Know How Confidential Data is Stored and Transmitted
Data has two states of being. It is either in-motion or at-rest. In-motion data refers to data that is currently being used and transmitted. Data at rest refers to stored data that is not presently being used. Understanding how these data are stored and transmitted is an important step in maintaining retail POS security.
Ask your POS provider:
- How long is data stored?
- Is data at rest encrypted?
- Is data in motion encrypted?
- Who is responsible for issuing updates?
The answers to these questions may affect your retail POS security. The longer data is stored, the more likely it is to be a target. If data isn’t encrypted, it is extremely vulnerable to an attack both at rest and in motion. Make sure updates are issued by a trusted provider who takes security very seriously.
3. Join Forces with a Firewall Service
A firewall service helps make sure your firewall is configured correctly and operating in compliance with PCI standards for payment card acceptance. This firewall solution can protect your network and data from malicious attacks.
As a bonus, some firewall services include a 4G fail-over service that allows you to keep your business running and processing payments security in the event of an internet outage.
Security is nothing to be taken lightly. Customers trust companies who take extra caution to protect their information. If a business neglects retail POS security, the consequences could be disastrous. Make sure you aren’t the victim of a breach by taking these necessary actions to ensure maximum security. Your business, and your customers, will thank you.