Why Cybersecurity is Important for Sites That Accept Payments

Why Cybersecurity is Important for Sites That Accept Payments

We all need to realize that cybersecurity is very important in 2019. If you’re like my family, everything you do is connected to something online. Whether you’re paying bills, going shopping, have a bank account or playing fantasy football those sites, cybersecurity is important. It seems like everyday you’re hearing about some cyber attack on major companies. Just recently, JP Morgan hacker pleaded guilty for trying to steal more than 80 million people’s information. With next month being National Cybersecurity Awareness Month, let’s make our lives safe online. Seeing that I’m someone that goes to various sites where money is deposited, cybersecurity is very important.

Be Careful with Your Money Online

Digital payments are expected to hit $726 billion by 2020. This surge in transactions puts payment systems squarely in the crosshairs of cyber attackers. Companies like Google, Apple, and Amazon, as well as innovative technologies like blockchain payments, Zelle, and Venmo are putting the pressure on traditional providers to deliver new mobile, real-time payment services. This opens the door for new kinds of vulnerabilities and fraud to bring down these systems. Being someone that’s had my identity stolen in the past, I’m very careful about these things.

Trusted Sites

I’ll admit that I’ve spent a lot of money over the years by depositing money first.  W88, M88 and many other online betting and casino sites, to name a few. Seeing that all my bills are paid online, the cybersecurity of all companies mentioned are top notched, and sites that review this online casino and betting sites, like Casino Billions in Malaysia, even ranks them for the quality of their cyber security measurements. We all have entered our banking or credit card information on many sites. Your classified data in the wrong hands can do great harm. Even if the cards are cancelled, and fraud is immediately taken care of, your data is sensitive and could reveal a lot of information that could be used against you. A weak cybersecurity system can amount to data breaches that could easily cause their customer base to take its money elsewhere. People are going cashless these days, opting for digital money so be careful.

Signature

Please follow and like us:
error0

Speak Your Mind

*

RSS
Follow by Email
Facebook
Facebook
Pinterest
Pinterest
LinkedIn