With the rise of credit cards and online banking, financial theft has gradually shifted away from physical bank robberies to electronic payment fraud. Although payment cards facilitate convenient financial transactions for society, they also offer an ideal opportunity for threat actors to remotely steal a person’s identity or breach a companys information database. While all cybersecurity solutions are important, we want to first dive into how to increase your security across the payment card industry.
If the main entry to your house is protected by your front door, your computer network is protected by a firewall — a term that originally hails from the automotive industry. In a car, a firewall is a metal barrier that separates the engine compartment from passengers, thus protecting us if a fire ignites in the engine. In the same manner, an electronic firewall is placed between the internet and your network to protect / shield your system infrastructure from the conflagration an intrusion could produce.