Neil Camenker Discusses Digital Payment Security Standards

(Newswire.net — September 21, 2017) Camarillo, California — Business technology advances at a rapid pace. As more and more businesses move sensitive data to the cloud, the concept of information security has become a primary consideration, especially in terms of digital payment security. Neil Camenker, a noted expert in the field of electronic payment processing for small businesses, knows that facilitating secure payments is a crucial component of modern business. “Software integration has quickly changed the way companies conduct business with clients,” says Neil. “Unfortunately, software and payment security systems occupy only a small fraction of overall organizational costs.” He believes that more focus is needed to protect sensitive payment data, ensuring that customers and businesses can feel confident about the security of their information. To learn more Neil’s work in the digital payment processing field, visit http://neilcamenkerrealstory.com/.

It is estimated that only about 20% of organizational costs go toward software and application security. However, in the face of concerted hacking efforts on a global scale, this security is more business-critical than ever. Highly-publicized data breaches have affected companies around the world – even some of the biggest players such as banking and credit-reporting industry leaders. Organizations such as the PCI Security Standards Council are developing new standards in light of payment-processing needs for mobile computing, such as smartphones and tablets. New technologies are being developed as well, with software-based PIN entry and multi-step authentication processes taking the forefront. Still, new software must be developed with security at its core. “As traditional payment processing strategies join digital payments in mobile applications, new software has to start with good security,” says Neil. “Focusing on security considerations at the start must also go hand-in-hand with identifying and addressing future threats over the lifespan of the software platform.”

Neil Camenker is the founder and CEO of PayPoint USA, an industry leader in payment processing services for small businesses. In addition to virtual payment terminals and secure payment gateway software, Neil’s company provides a wide range of specialized payment support services. As a noted business expert, Neil believes that customers must be able to trust that their credit card and banking information is kept secure before, during, and after digital transactions. “Trust quickly erodes in a business when cybercriminals are able to gain access to sensitive information,” adds Neil. “It is critical for businesses to understand that investing in payment security has many intangible benefits, particularly continued customer trust. This makes the digital security investments very worthwhile.” For more information on Neil and his company, visit http://camenkerneil.com/.