Considering the high-profile data breaches and the very recent Sony email leaks, 2014 could be labeled "The Year of the Hacker." According to a recent Gallup poll, Americans’ No. 1 crime worry is hackers stealing their credit card information. In addition, cybercrime certainly hurts the U.S. economy — to the tune of more than $120 million each year. On Jan. 12, President Obama sent a cybersecurity bill to Congress, saying, "We've got to stay ahead of those who would do us harm." What follows are some payment security best practices that can help all merchants stay ahead of fraudsters:
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