SECURITY

SECTION 3: SECURING THE PAYMENT
SECTION 3: SECURING THE PAYMENT
Security in the
cloud
Securing the Payment
Without a doubt, the biggest acronyms this year in data/payment
card security have been PCI, QIR, and EMV; EMV made the biggest
splash in 2015, with the US EMV liability shift deadline of October
1. But with slow adoption by merchants and consumers, along
with certification delays, EMV was a timeworn subject by the end
of Q1 2016. However, never a topic to lay dormant, payment card
security’s hottest topic for RSPA VARs in Q1 came in the form
of six letters: PCI QIR. With a new mandate by VISA for all level
4 merchants—who want to accept VISA cards—requiring those
merchants who use third parties for POS application and terminal
installation and integration to engage only PCI QIR professionals
looming, QIR quickly became both the topic of conversation and a
top priority among RSPA members in 2016's first quarter. (See page
26 for more details.)
$75,000
average cost to
a restaurant for
a data breach
Source: Heartland Payment Systems
of restaurants
number of restaurants that
will suffer a breach event
within the next two years
Source: Heartland Payment Systems
Source: Heartland Payment Systems
will go out
of business
within one
year of a
breach.
These are restaurant
stats, but the statistics on
costs of data breaches for
merchants are staggering.
How can you leverage
statistics such as these to
help you close a deal with
a merchant who’s in need
of upgrading their data
security protections?
70
MILLION.
It’s more than
a big number.
It’s a big
opportunity.
Discover
Network
delivers over
70 million
loyal
cardholders * to
businesses in
185 countries
around the
world.
Welcome to
buying power
on a global
scale.
Welcome to
Discover. ®
DiscoverNetwork.com
© 2015 DFS Services LLC
*Nilson Report #1033, January 2014
22 APRIL/MAY www.GoRSPA.org
www.GoRSPA.org
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