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Table of Contents

Lead Story

Talking the talk

Patti Murphy

News

Industry Update

Wal-Mart ends Visa debit moratorium in Canada

Ecommerce drives global economic growth

Double-digit growth in 2016 holiday spend

Frost & Sullivan probes cybercrime in APAC region

Features

Mobile augments shopper loyalty

Lane Conner

Views

Payments' accidental ecosystem

Dale S. Laszig
DSL Direct LLC

In defense of processor increases

Steven Feldshuh
Merchants' Choice Payment Solutions East

2017: Three predictions and a little advice

Evi Triantafyllides
PAAY

Education

Street SmartsSM:
Mind your mental health

John Tucker
1st Capital Loans LLC

One merchant's brilliant solution for shopping cart abandonment

Chris O'Donnell
Instabill Corp.

ISO portfolio seller's checklist

Adam Atlas
Attorney at Law

Company Profile

ClearSale

New Products

Driverless, multifunctional, networked check scanner

EC9600i
RDM Corp.

Unplugged, portable, touch screen POS

StealthTouch II
Pioneer Solution Inc.

Mobile ACH, check deposit services

A√21Mobile
ACHeck21

Inspiration

Let new ideas flow

Departments

Letter from the editors

Readers Speak

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

January 23, 2017  •  Issue 17:01:02

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Frost & Sullivan probes cybercrime in APAC region

In a study on cybercrime in the Asia Pacific region, published Dec. 29, 2016, Frost & Sullivan identified eight predominant schemes criminals used to gain unauthorized access into business networks. Citing major attacks against the National Payment Corp. of India and Bangladesh Central Bank, the research firm warned organizations and IT professionals to be vigilant and "cyber-ready" to protect their intellectual property and data in 2017.

Researchers found a direct link between cyberattacks and the increasingly hyper-connected environment of the Internet of Things (IoT). Following are what Asia Pacific Cyber Security practice analysts consider the leading methods of cybercrime and their potential impact on business owners and consumers:

Recommended remedial measures

In addition to their predictions and warnings, Frost & Sullivan analysts provided salient advice and described enhanced security methods for protecting critical infrastructures. Following are some examples of how collaborative efforts and emerging technologies can protect against cybercrime:

These recommendations are consistent with Frost & Sullivan's belief in innovation as a core value and the cornerstone of every business. "Identifying, developing and leveraging innovation will give your company a competitive edge and solidifies your company's long term success," the company stated.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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Spotlight Innovators:

USAePay | Impact Paysystems | Electronic Merchant Systems | Inovio