According to Statista, people pay around $235.4 billion just for mobile transactions, and e-commerce sales are expected to touch $440 billion in US alone by 2017. Are global businesses prepared to process such transactions securely?
With rise in internet and smart phone penetration, the number of online shoppers is also growing at an alarming pace and has already crossed over a billion, according to estimates. In such a scenario, the need to ensure utmost security for online transactions has become pertinent for any business. Indusface has identified five facts that every new age business should know about security.