Brief History
Payment service provider has been innovating and providing secure cashless payment facility to its consumer since the 1970s, however the adoption has been slow mainly due to 2 main factors;
  1. Technology
  2. Consumer behaviour
Fast forward to 2016, technology has leapfrog such that internet and mobile penetration has reach 80-90% in some developed as well as developing countries, paving the way for cash to cashless payment. Online transaction volume/value increased by double digit CAGR annually in most economies. Organisations in both private and public sectors are embracing online cloud services to lower cost and increase productivity.

Embracing Online Services with Adequate Security​
There are always 2 sides to a coin. These connected services create convenience and improve the quality of life however, at the same time, they also create opportunities for hackers/fraudsters. Millions of dollars were lost to fraudulent transactions originating from phishing websites,  man-in-the-middle attacks (MITM) and man-in-the-application attacks (MITA). Providing the right security thus becomes critical to the success of any online business entity today.

A chain is only as strong as the weakest link. Infortified believes in balancing the cost of implementation coupled with putting in place the necessary business processes and education to provide adequate end-to-end security. 

security solution

consultancy

training