The big news in payments these days is Apple Pay™. Rolling out with the new iPhones, Apple Pay is a mobile payment method offered by Apple that leverages Near Field Communication (NFC). Similar to Google Wallet, it gives iPhone® 6, iPhone® 6 Plus, and Apple Watch™ users a contactless way to pay via credit card for retail transactions and in-app purchases. Consumers simply wave their phone in front of the reader to initiate payment. No more carrying a big thick wallet—the cards are in the phone.
Security Metrics released their third study on unencrypted card data; the results were astonishing as 63% of businesses do not encrypt credit cards. This means that businesses are storing the 16-digit Primary Account Number (PAN) in the clear. 7% of businesses are storing the magnetic stripe data found on the back of the card. Not only is storing unencrypted card information reckless—putting organizations and their customers at risk—it violates Payment Card Industry Data Security Standards (PCI DSS).
IRVINE, California, August 27, 2014 — TrustCommerce, a leading provider of secure electronic payment solutions, is pleased to announce George Dzieciol has joined the company as Director of Technology (DoT).
In this role, Dzieciol will be responsible for providing overall strategic and operational direction of the company’s Technology department including strategic action planning and execution; product and technology development; service delivery management; business resiliency management; and business process management.
Like a large vitamin sliding sideways down your throat, some things are uncomfortable. Our goal at TrustCommerce is to make sure payment processing isn’t one of them. That’s why we’ve developed and continue to expand our Client Resources.
The Payment Card Industry (PCI) Security Standards Council (SSC) has launched a new awareness initiative, Passwords for Payments (P4P), aimed to educate small businesses on utilizing effective password protection. Small merchants are prime targets for data thieves and password protection is one component of a comprehensive security strategy.
We look forward to seeing partners, clients, and meeting new faces at these events. Summer 2014 GE Health Care Western Region Users Group Conference August 14-15, 2014 – San Diego ETA Strategic Leadership Forum October 7-9, 2014 – The Breakers, Palm Beach National Parking Association October 20-23, 2014 – Las Vegas Medical Group Management…
Thomas Jefferson wisely said, “Never put off till tomorrow what you can do today.” When it comes to compliance with Payment Card Industry Data Security Standard (PCI DSS) version 3.0, it might be time for merchants to heed Jefferson’s advice. In a recent survey conducted by NTT Com Security aimed at assessing the awareness, acceptance, and understanding of PCI DSS 3.0, the findings were eye-opening:
- Just 30% of respondents said they have reviewed the requirements and have a plan in place.
- 41% stated they had heard of PCI DSS 3.0, but did not have a plan for compliance.
- 70% were unaware of the date by which they need to be PCI DSS 3.0 compliant. 
The TrustCommerce team is heading to Healthcare Financial Management Association’s 2014 National Institute (HFMA ANI), June 22-25, 2014 in Las Vegas. With more than 80 sessions, 400 exhibitors, and 5,000 attendees, it is the industry’s premier annual conference for healthcare finance professionals. We are excited to meet up with our clients, partners, and healthcare finance…
OMI customers utilizing the 366° Degrees℠ Platform will now be able to leverage TrustCommerce secure payment solutions.
IRVINE, California, June 4, 2014 —TrustCommerce, a leading provider of secure electronic payment solutions, welcomes new Referral Partner Outsource Management, Inc. (OMI). Through this partnership, OMI customers utilizing the 366° Degrees℠ Platform will be able to leverage TrustCommerce secure payment solutions.
The short answer is – VERY important. The fact is, the better your technical and infrastructure defenses are, the more likely it is that a social engineering attempt will be made on your people.
In 2013, over 89% of breaches and data loss incidents were deemed preventable through security awareness and execution programs. More relevant, 60% were the direct result of social engineering and other attacks that began with employees that had no substantial access to data. Put another way, 60% of the over one billion records lost in 2013 were the result of employees.