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ControlScan/MAC Survey: 89% of SMBs Consider Themselves at Low or No Risk for Data BreachATLANTA, March 12, 2019 (GLOBE NEWSWIRE) -- ControlScan, a leader in managed security and compliance solutions that help secure networks and protect payment card data, has released a new payments industry research report in collaboration with the Merchant Acquirers’ Committee (MAC). Among its findings, the report shares startling information surrounding how small and mid-sized businesses (SMBs) understand and respond to cybersecurity risk.
SMB security has been a longstanding focus of the payments industry, as these businesses represent greater risk for merchant service providers (MSPs). Despite more secure point-of-sale systems and transaction methods, human error outside of those systems is still frequenty exploited. Everyone has a role in keeping payment data secure, and MSPs strive to reinforce this message with their SMB merchants. “ControlScan and MAC regularly collaborate on payments industry research, because reduced business risk for industry stakeholders is our shared goal,” said Chris Bucolo, Vice President of Market Strategy, ControlScan. “The SMB feedback we gathered from this survey—coupled with our recommendations—represents our commitment to deliver information of value.” One of the most surprising findings to come from the 2019 ControlScan/MAC SMB Payment Security Survey is that 89% of SMBs believe their business is at little to no risk of being breached. The research report examines three key data points leading to this belief, and how each of these are misconceptions. “In many cases, it truly is a matter of ‘it can’t happen to me,’ until it does happen to them,” said Vadeene Sisk, Education Committee Chair, MAC. “Merchant service providers must continuously communicate with and educate SMBs about the role they play in securing their businesses. Other than a breach, repetition is the only way to get the message across.” The report, “Cybersecurity Risk, Response and Reward: Findings from the 2019 ControlScan/MAC SMB Payment Security Survey,” is based on data collected from more than 6,500 SMBs in January, 2019. For more information on ControlScan, please visit ControlScan.com. For more information on MAC, visit MACmember.org. About the Survey About ControlScan About Merchant Acquirers’ Committee (MAC) Press Contact A photo accompanying this announcement is available at //www.globenewswire.com/NewsRoom/AttachmentNg/84006b10-f994-42fa-b7ba-d2a5c8a8b418 |