It is important for businesses to regularly inspect their payment terminals in stores to ensure that they are secure. Check that the terminals are not tampered with or physically damaged and inspect for any cameras or skimming equipment attached to the terminals (card reader, ports, display or keypad).

When choosing a payment partner, businesses should consider a provider who is able to encrypt payments data for the entirety of the payment process, from the point the card is inserted or tapped at the point of sale terminal. What this means is that in the unforeseen event of an attempted breach at any point, there will be no impact to the customer or their data.

End-point security is the key in retail since there are many end-points such as POS, tablets, Apps. Retailers should adopt more proactive approach to monitor network, device and traffic risks more holistically. Installing an anti-virus and updating window patches are not sufficient to prevent those risks. They should start looking at adding security managed services on their retail network so that it can provide more intrusion alerts to minimize the risks.