Restaurants in Louisiana are suing makers of their point-of-sale systems after hackers stole tens of thousands of dollars by stealing credit card numbers. These restaurants maintain that companies who made and resold the systems should pay up on the fines put forth by payment processors after the hack. They have filed a class-action lawsuit alleging that their point-of-sale systems were out of compliance with the PCI DSS (Payment Card Industry Data Security Standards). Read more about the details regarding the damage and claims here.
Many small businesses try to modernize their business by using the internet, however, this may serve to put them at risk for hackers and other cyber-criminals. The moral of the story is: make sure that you know whether you are up to date and PCI compliant. Standards for PCI compliance can be found here. Even if courts end up making the POS systems pay, these small Louisiana businesses will have gone through the time and headache of the lawsuit. If you aren’t sure whether your system is compliant, check up on your processor and ask them the tough questions.
If processors aren’t up front and transparent, you may want to consider switching. We’re here to help: Check out the FeeFighters.com auction for a simple and easy way to compare stringently screened processors and get the best deal on processing.
Image: Bayou in Louisiana.