A Pain Point for Retailers is an Opportunity for POS Vendors

Retailers are experiencing runaway spending on securing and managing their POS systems, in large part because organized criminals around the world have discovered that point-of-sale (POS) systems are low-risk, high-reward targets that are often poorly defended.

The 2012 Verizon Data Breach Investigations Report, which analyzed 855 breaches and 174 million records stolen during 2011, concluded that Internet-facing POS systems, physically exposed ATMs, automated gas pumps, and other self-serve terminals have repeatedly exposed hundreds or thousands of victims to relatively simple sting operations.

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