Security Breach at LoopPay Inc.

A Chinese hacker ring known as the Codoso Group also known as Sunshock Group is under security breach as they have allegedly broken into the computer network company known as LoopPay, Inc. What is more frustrating about this security breach as some may see is the day these alleged hacks began is as early as March 2015, quite disturbing considering time and location of activity. As of now there are investigative teams working on the matter to determine further information concerning the breach and the infestation of the computer system.

Because of cyber protection and high security from LoopPay the alleged hackers were only able to obtain technology information. Furthermore, even though the security breach did damaged items they have been removed and placed into another area away from all other operating computer equipment to ensure safety. Lastly, no personal payment or customer information was exposed at any time to this security breach.  Because of this security breach hacking attempt, further security is being used as Codoso hackers are known to use specific coding in an attempt to break through a security breach once again.

Cyber technology is something all business must make use of any more due to the above issue as we need to protect our customers and our data from being taken out of our computer systems. It is highly suggested to ensure your computer system is safe and well equipped with security to manage the traffic taking place on the Internet highway.

Top 2 Restaurant POS Systems for 2015

There are multiple restaurant POS (point of sale) systems that have come onto the market since the POS has been created. The problem with doing POS every restaurant differs from one another in size which means every dining place will have various needs because of monthly budget. This is a very important factor but more important about using the POS system is it must comply with regulatory needs every business owner does during the daily operations. That’s not too much to ask is it?

One would think it isn’t a lot to ask for standard features as they should be quite simple for a business to live up to right? Yet when researching the many restaurant POS systems on today’s market here are certain ones that stood out because they were working for the business and wanting a restaurant to have the best POS system for their environment:

  1. Touch Bistro is a choice restaurant POS system for all dining establishments of any type because of the multiple features that come with it. Not only is this a wonderful working solution the point of sale ease provides your staff the capability to allow the customer ability to check out at their table which gives them privacy, customer service, and quality satisfaction dining at your establishment.
  2. Got Merchant is a restaurant POS system solution for various restaurants including bar establishments that are serving food. Got Merchant will provide software, hardware, installation of the item including staff training. They will also answer questions and provide support when it is needed. All of the above is completed for a small monthly fee per each station. That fee covers technical support and a lifetime warranty of the equipment itself.

Visit Sunlit Merchant Services to find the right restaurant POS system for your business and budget.

Why You Received A New Credit Card from Your Bank

Swiping your credit cards when you make a purchase could very well soon be a thing of the past.  If you haven’t received a new credit card in the mail yet you will soon.  Banks have been sending their customers brand new chip-enabled credit cards that only require being inserted in credit card readers to complete transactions.

These new chip-enabled cards look similar to the credit cards you’re used to except for one small difference, a small metallic chip located on the front of the card.  Think of these EMV microchips as mini computers.  They securely hold your payment data as well as provide a unique code specific to each purchase.  This is a change from having cards where all the data is exclusively held on the magnetic stripe.

Chip-enabled cards have actually been around for more than 20 years and are prevalent in many other countries but are only now becoming the primary payment method of use in the USA.  EMV cards are more secure than magnetic stripe only cards and add additional security each and every transaction.

Swiping your credit card could soon be a thing of the past.
Banks have been sending out new chip-enabled credit cards that have to be inserted and held in a credit card reader to complete a transaction.

Today, October 1st, marks the deadline for all business owners to become EMV compliant with readers that support this new software.  Please feel free to call Sunlit Merchant Services to verify whether your equipment is up to date and in compliance with these EMV standards and also find out about how we can reduce your current merchant processing rates.

To read more click here.

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