Breach Security

Breach Security

A data breach occurs when an unauthorized party accesses a merchant’s network and steals cardholder data. There are various types of breaches including network (hacking and skimming), malware and spyware, the physical loss of the card, paper records or a device like a computer or CD, and physical losses from employee dishonesty. Regardless of how it plays out, a potential result is always the same: unencrypted personal identifying information or card data is compromised by fraudsters and thieves.

With fraudulent payment card transactions continually on the rise, it’s more important than ever that merchants protect themselves from potentially huge financial losses associated with a data breach. 1st US Merchant Services┬« offers a unique Data Breach Security Program specifically designed to help merchants meet the expenses resulting from a suspected or actual breach of payment card data.

The 1st US Merchant Services Data Breach Security Program offers peace of mind to merchants during an extremely vulnerable time with:

  1. A forensic audit as required by the Payment Card Industry Data Security Standard (PCI DSS) whenever a data breach is suspected to confirm whether a breach has actually occurred and to pinpoint vulnerabilities in the system.
  2. Industry fines and assessments met as required by PCI DSS in the event of an unintended breach of confidential customer information, regardless of how it happens.
  3. Issuer-related expenses that cover card replacements costs, credit monitoring and other expenses related to a breach.

Expenses from an actual or suspected data breach are met regardless of the business’s PCI compliance status as long as the owner is not involved in the breach.