News, Education and Events Decoding Digital Payments & Fraud

News, Education and Events Decoding Digital Payments & Fraud

Companies Underestimating IoT Risk

Companies Underestimating IoT Risk

At the recent CNP Expo, Card Not Present again sat down with online merchants who shared their views on e-commerce payments and fraud and what information they hoped to bring back to the office. Our conversations are the basis for the Merchant Matters video series.

There will be nearly 8.5 billion connected devices globally by the end of this year, on the way to more than 20 billion just three years from now, according to a recent study by Gartner. And, a move is underway to use many of these devices—including cars, appliances, digital home assistants and more—to facilitate online commerce.

Today, Sony Playstation’s Bernard McManus discusses if companies are doing enough to protect themselves and their customers from the fraud and security risk inherent in these new sales channels.

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