Storage of credit-card details

I was in a newsagency; a few days ago were I saw an appalling lack of concern with credit-card security. He had a report of all his customers’ credit-card numbers with expiry dates on the counter where anyone could have grabbed it. Not good!

In Australia, a business is responsible for security of these numbers entrusted with them. A recent case involved a florist where one of the employees got details of a customer’s credit-card. This then led to fraud. The bank went after the florist claiming that they had not looked properly after the information. The bank won. That is the reason, why many Australian businesses today refuse to store your credit-card details.

You may find yourself in court one day, having to explain what steps you took to protect those details from misuse and unauthorised access.

Some tips I suggest if you store credit-cards

Ensuring your backups are in a secure place such as locked filing cabinet.

Remove any credit-card details no longer needed.

Ensuring that only appropriate staff has access to credit-card details.

Try to only send for confirmation only the last four numbers of a credit number for example (****-****-****-1234). If you must send all, do not email credit-card details but fax it.

If you print credit-card details, make sure all copies are always secure and once no-longer needed destroy the copies.