New Tool Helps Small Retail Merchants Determine Their Cybersecurity Readiness

In order to combat this problem, the Payment Card Industry Security Standards Council or PCI SSC has launched a new tool along with updated educational resources to help small merchants.The PCI SSC said small merchants are highly targeted and when they are attacked, they are more vulnerable because they don’t have the technical know-how or resources to protect themselves. The Council said the tool they created has been developed to be simple so merchants can easily evaluate their security posture.With small businesses now the target of almost half of all cyber-attacks and 60% of small companies going out of business within six months of an attack, the threat is very real and it can have catastrophic consequences. The solution PCI SSC has come up with increases awareness of the danger in credit card payment systems. This allows small businesses to be more informed and vigilant of the threats they face.According to PCI Security Standards Council Chief Technology Officer Troy Leach, merchants will be confident they are doing all they can to protect their customers.