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Data Breaches: 5 Essential Ways to Protect Your On-Line Store


Data Breaches: 5 Essential Ways to Protect Your On-Line StoreYou may have noticed that we’re writing a lot lately about security breaches, privacy, and other related cyber issues. That’s because this issue is front and center and becoming more of a significant problem for companies, big and small, and throughout all industries. No matter what type of business you’re in, if you’re storing data about your customers, you’re vulnerable to data breaches and the unauthorized use or misuse of confidential information.

If you happen to be selling products or services on-line and taking credit card information on the Internet, you have additional issues that you need to address to protect your on-line store against hackers. These include:

  • Require a Credit Card Verification (CCV) – This is a unique 3-digit number on the back of every credit or debit card, typically near the signature line, that offers additional security protection for online transactions.
  • Use SSL (Secure Sockets Layer) Technology – The SSL certificate is a type of security technology attached to secure websites that shows customers the online transaction they are about to go through is encrypted and secure.
  • Be sure to have an updated Privacy Policy – Have a formal privacy policy written and displayed on your website for potential customers to read.
  • Use AVS (Address Verification Service) to validate billing information – The address verification service electronically looks for the address given to be sure it is a valid physical address in the city, state and country it claims to be located in.
  • Be sure you are in PCI Compliance – The PCI is a set of standards issued for secure transactions when using credit cards for online purchases. Merchants, credit card companies and financial institutions must all follow the PCI compliance standards.

What’s more, if you don’t already have insurance protection to address the growing privacy exposures companies face, you’re opening your business to significant losses should you have a breach. At Axis, we would be happy to discuss the policies available and what is provided. Just give us a call at (877) 787-5258.

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Blogged on: July 10, 2012 by Mike Smith
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