Data breaches are becoming increasingly common. In fact, according to the Identity Resource Center (ITRC), there were 1,473 breaches and over 164 million exposed records in 2019. According to a study by IBM and the Ponemon Institute, data breaches cost members of the U.S. educational industry about $142 per record exposed.
PCI-validated point-to-point encryption (P2PE) is one of the best ways to protect in-person payments. But it’s still a complicated topic.