Payment Data Security & Complying with Data Privacy Regulations
Since the Notifiable Data Breaches (NDB) scheme started on 22 Feb 2018, the Office of the Australian Information Commissioner has been notified of 550 data breaches# (as at end of September 2018). Malicious attacks has been the leading source of data breaches with the finance industry being the 2nd largest source of data breaches, reporting an average of 14% of the total data breaches so far.
How can businesses retain customers loyalty by protecting sensitive payment data? How can you navigate complex data privacy regularions and PCI Security Standards?