Importance Of Data Security In Payment Integration
Contrary to popular belief, cyberthreats not only large-scale institutions and governments but also small, medium, and large businesses. The worst part is that the primary victim of a majority of cyberattacks is personal financial data. Therefore, it does make sense for the best credit card payment companies to focus on the importance of data security in payment integration while handling critical customer data. What is Data Security and why is it important? Data Security can be described as the continuous process of safeguarding digital information from theft, corruption, or unauthorized access throughout its lifecycle. From the viewpoint of the credit card companies, the concept of data security encompasses every single aspect and layer of information security from the physical security of storage and hardware devices to access and administrative controls, as well as organizational procedures, processes, and policies along with software applications. When properly formulate...