How To Maximize Your Mobile Payment Security

March 14, 2023

Mobile Payment Security: Protecting Your Customers and Your Organization

Your cybersecurity compliance tasks may be managed by your  chief information security officer, or you may have let this crucial task slide in favor of more pressing entrepreneurial matters. Maybe you haven’t had time to hire the right CISO, or perhaps you assume that your company will not be a victim of mobile payment security cybercrime.

In 2022, there have been  over 800 data breaches and 164 million records exposed in the United States alone. In the largest of these breaches, millions (and sometimes billions) of client information records — including names, phone numbers, and credit card numbers used in mobile payment transactions — were exposed.

Unfortunately, every company, whether small, midsized, or gigantic, is vulnerable to cybercrime. Mobile payment security is paramount if you wish to become a safe, reputable company that protects its customers and employees. Learn more about how to safeguard your organization by using an information security and  compliance platform to manage data.

Mobile payment security is one of the top areas of data breaches for all sizes of companies. Use Compyl to track baseline data and keep your information safe.

Why Is Continuous Mobile Payment Security Important?

Leaving mobile payment security up to a CISO or another team member in a busy organization often results in failing to gather continuous baseline data or missing important incidents that could put your company at risk. It’s easy to neglect updates and minor regulation changes or overlook potential threats when you are focused on other tasks.

Continuous compliance aided by a centralized security portal is crucial to the financial health of any organization. Human error always exists, but backing up your knowledge and expertise with a professional platform minimizes your company’s chances of suffering from a data breach.

How Can Compyl Fill the Cybersecurity Gap in Your Enterprise?

Compyl is the first type of platform of its kind. It’s an all-in-one cybersecurity and compliance automation portal. When you employ this software as part of your growing organization, you gain the following advantages:

  • Highlighted incidents and risks.What’s working? What needs to be improved? You’ll gain visibility into the strong and weak points throughout your organization. You will additionally be able to see an overview of your contracts, vendors and more.
  • Centralized pertinent information.Perhaps the most important factor of cybersecurity (other than keeping up with the latest regulations) is having a centralized place to view your client information, training portals and mobile payment security activity logs. Compyl aggregates baseline data and presents it in an easy-to-understand format. You’ll know immediately when there’s an alert or a data breach.
  • Automatic adoption of the latest security regulations.The world of information technology and cybersecurity is constantly changing. Compyl acts as a virtual CISO, implements new regulations, installs system updates and manages the employee lifecycle.

Compyl Can Make Mobile Payment Security Safer

If your company has been the victim of a mobile payment security data breach, it’s time to take action.  Request your demo today to learn more about the role a security and compliance platform such as Compyl can play in your organization. We look forward to answering your questions and assisting you in increasing your company’s safety.

By clicking “Accept”, you agree to the use of cookies on your device in accordance with our Privacy and Cookie policies