LogoMotive October 2006
Losing
Inventory Could be the Least of Your Problems.
By: Breina Montalvo
No Fraud Zone,
Inc.
If someone broke
into your business, what could they walk away with? Losing inventory
might be the least of your problems. Customer, cardholder, and personal
information could cost you much more than the loss of stock. Insurance
will not cover the losses or damages due to a breach of data security.
It isn’t difficult to become compliant to the required standards. Put
yourself in the place of your customer and ask yourself a few questions:
-
If someone
broke in, would they have access to any sensitive or cardholder
information?
-
What
potential problems could occur from the loss of that information?
-
Are credit
card information or transaction slips easily accessible by
unauthorized personnel?
-
What
sensitive information is sitting on your computers or in files?
-
Is all
sensitive information encrypted or password protected? Is it secure
from the world?
-
Is sensitive
data destroyed when it is no longer needed by shredding or by using
another means to which the data can no longer be retrieved?
Now, ask yourself
a few questions as an employer:
-
Is
information handled in the most secure fashion?
-
Do employees
or vendors have access to any sensitive information?
-
Can sensitive
data be passed to outside sources?
-
Have
employees been given and understand security procedures and
policies?
Think and make
adjustments in your procedures if you need to. The fines and financial
losses that you might incur could be devastating if sensitive data gets
into the wrong hands! Do you still think losing inventory would be your
biggest loss?
For questions, a
copy of the cardholder data security standards or Self Assessment Survey
call Breina Montalvo at 877-446-1180.
For more
information, contact Breina Montalvo at
www.nofraudzone.com
Articles in
this edition of LogoMotive:
Conductor
Employee Sabotage
Effective Email
No Fraud
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