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08/19/2024
Cyberattack Surge Demands Culture of Proactive Security
PYMNTS
Death and taxes have long been life’s unavoidable realities. Now, add to that list the rising prevalence of cyberattacks — and the growing imperative for businesses to defend against them, especially in B2B payments.
“You’re only as secure as your weakest link,” Chris Wyatt, chief strategy officer at Finexio, told PYMNTS for the series “What’s Next in Payments: Protecting the Perimeter.” “And we move money, so we can’t have the bad guys finding an easy way in.”
In today’s hyper-connected world, where the lines between digital and physical operations are blurring, safeguarding against cyberthreats has become a cornerstone of business strategy. The stakes are higher, especially for organizations dealing with sensitive financial data and payments, where a breach can lead to financial and reputational damage.
The threat landscape demands that business leaders not only react to cyber incidents but also anticipate and prevent them, particularly when it comes to payment processing.
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