Protect your business against payment breakdowns & cyber attacks

Published by

Myroslava Droniuk

The safety of payment systems is now a key worry for businesses everywhere. Recent numbers show that cyber attacks on payment systems have risen by more than 30% in the past year.

The financial harm from these incidents is growing rapidly. This highlights the essential need for strong security measures against the changing nature of cyber threats.

Emergency POS with Softpay cyber attack

🚨 Recent case: The Swedish data center cyber attackㅤ

The recent cyber attack on data centers in Sweden has highlighted the vulnerability of digital systems. The attack affected several companies, with some reporting that their sales channels were down, making it impossible for customers to book tickets or make purchases on the day of the attack. Others had to close all their stores for a day due to issues with checkout systems.

You can read more about this recent cyber attack here.

🛠️ Learning from the past: 7-Eleven’s quick recovery with Softpay’s Emergency POS solution

A notable case from 2022 involved 7-Eleven in Denmark, which suffered a ransomware attack that paralyzed all its systems, including payment processing. The resulting downtime led to substantial daily financial losses.

However, Softpay’s Emergency POS solution was quickly deployed as an effective workaround, enabling 7-Eleven to continue serving customers without interruption. This experience has since led 7-Eleven to adopt permanent emergency licenses with Softpay.

🔗 Read more about 7-Eleven’s experience with Softpay during the cyber attack:

🔐 The growing need for an emergency POS solution

Given that payment terminals are prime targets for cybercriminals, it’s important for businesses to have a reliable backup.

Softpay offers an affordable emergency POS solution, protecting businesses from cyber threats or infrastructure breakdowns. This system can be pre-installed on mobile devices, ensuring business continuity during crises.

Integrating Softpay Emergency POS into your emergency plan can mean the difference between a minor disruption and a major business crisis. Stay prepared, and stay resilient!

Learn more:

Contact us directly for detailed information:

Originally posted on Softpay’s LinkedIn