CHICAGO -- Representatives from technology standards group Conexxus gave Chicago’s NACS Show 2017 attendees a sobering but informative picture of the state of cybersecurity and payments in retail.
“There is no silver bullet. It’s an effort that’s going to cost a lot of resources,” said George Rice, senior director of payments for Voltage Security and one of the speakers in the TechEdge session on managing cybersecurity hosted by Conexxus, Alexandria, Va.
The NACS Show's TechEdge education sessions gave attendees updates on new tech developments and best practices. Subjects covered in these sessions ranged from how to use software to engage the workforce to building, managing and measuring a foodservice business with technology.
In one session, Linda Toth, the director of standards for Conexxus, warned attendees that while the deadline to switch outside payment capabilities to EMV (Europay, Mastercard, Visa) security standards is not a mandate, consumers will increasingly demand the technology. Those that wait to switch to EMV could be a target for bad actors looking to take advantage of softer security.
Click through for more information on these sessions about the state of cybersecurity and payments in convenience retail, and what operators can do to stay ahead of these issues …