Security Poverty Line Can Be Crossed With the Right Solutions

  • Fraud Prevention

Many small businesses are being deprived of adequate security measures not because they are too difficult to obtain, but because of one simple reasonmoney. This break in the soci-economic status of businesses creates a security poverty line that leaves some companies behind in protection. As Nather mentions in her article Why Compliance Cant Create Security, if a company does not have the money for IT, their security will suffer in multiple different ways.

Companies that may not have the funds for superfluous fraud prevention measures may make the mistake of compiling all their information in one server, or not at all. They then run the risk of the server being breached or lost. Certain mandates suggest processes for online transaction authentication to prevent these risks from overtaking a company. One suggestion is the use of resellers that can provide security measures for a company in safe manner.

Using third party fraud prevention company such as EVS can help small companies cross this poverty line by offering ID verification and authentication to businesses of all sizes in all industries. EVS also uses real time transaction verification, which sends out the information to our data providers as soon as its received and never stored to minimize the risk of a breach.

If you feel its time to cross the poverty line or just feel its time to look into another ID verification and authentication solution, contact us. Also connect with us on Linkedin and follow on Twitter for more expert advice and updates.