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More Focus on Security as Payment Technologies Proliferate

Forrester Research: More than three-quarters of companies are investing in new payment technologies. Many consumers are quick to adopt the latest technology, while companies often distrust new technologies until they prove themselves, the report says. Card-not-present fraud affected 28% of companies surveyed but accounted for 40% of fraud volume. Most companies are hiring staff specifically tasked with security and anti-fraud roles, while more than three are spending on new tools to help secure transactions. About two-thirds of companies with mature security processes say that partners are critical to the effort.”]

Source: https://www.darkreading.com/attacks-breaches/more-focus-on-security-as-payment-technologies-proliferate

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