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Industry News

Report: Social media poses threat to SME payment processing data security

By Lauren Lindberg

17/02/2010 - One of the most popular emergent media platforms, though it presents valuable marketing and communication opportunities for small business, can also be one of the most threatening to payment processing data security, said a recent study.

Social media and other web 2.0 applications were found to be likely to spread malware, posing "the most serious risk to information security in 2010," said a report by internet security provider Webroot.

The study, which surveyed 830 small business IT professionals in the U.S., the UK and Australia, found that 80 percent of respondents believe web 2.0-based malware will be problematic in 2010, while nearly a quarter of SMEs have already experienced compromises as a result of social networking sites.

Yet small businesses seem to be taking this threat seriously, with the majority of respondents identifying data security and confidentiality as well as data loss prevention as their top priorities for web security in 2010.

To ensure that their payment processing data is safe from threats both internal and external, experts advise organisations to properly train their employees on safe internet use and to monitor or even restrict their internet activities.ADNFCR-2514-ID-19622364-ADNFCR

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