The Mastercard Trust Center:
Protecting small businesses against cybercriminals
Many budding entrepreneurs and small-business owners believe cyberattacks happen only to big companies with a large customer base and lots of data to steal.
They‘re victims of nearly
1/2
of all cyberattacks1
90%
will experience a phishing scam2
46%
will be hit with some form of virus or malware2
For customers looking to partner with the Mastercard Trust Center
Please reach out to your account manager and mention this story, or contact Gina Ganahl directly.
Get in touch
https://www.directlinegroup.co.uk/en/news/brand-news/2022/13072022.html
https://aite-novarica.com/report/global-cybersecurity-buying-habits-micro-small-and-midsize-enterprises
https://www.mastercard.com/news/press/press-releases/2020/april/mastercard-commits-250-million-to-support-small-business-financial-security
https://www.mastercard.us/en-us/business/overview/safety-and-security/trust-center.html
https://cdndevolutions.blob.core.windows.net/documents/survey-report/state-of-it-security-in-smbs-2023-2024-en.pdf
https://view.ceros.com/mastercard-us/cybersecurity-assessment-quiz/p/1
https://www.youtube.com/playlist?list=PLIfOLx3HAATddKSmhZ60tKOp8iqMey184
https://www.youtube.com/watch?v=irOA0gQfg3c
Previous
Ransomware
Next
Power of STEM
Increasingly, small businesses — which include everything from veterinary offices and hair salons to companies that employ up to 500 people — are an attractive and growing target for fraudsters.
In fact:
“They think, ‘My business is small and irrelevant. Who would be interested in me? Who even knows about my business?’”
Gina Ganahl
Vice President of Product Management, Security Solutions, at Mastercard
Although most small businesses can’t afford to hire IT teams or buy the latest suite of network monitoring software,
they can access a critical resource that will help them most: education.
Understanding and implementing cybersecurity best practices, in a simplified, easy-to-digest format, can reduce the risk of attacks and limit their fallout.
That’s why in 2020, as part of a $250 million commitment to help small businesses,3 Mastercard launched the Trust Center,4 a resource where entrepreneurs can learn the basics of cybersecurity at no cost.
To fraudsters, all customer information is valuable,
no matter the size of the company.
Because small businesses tend not to have extensive cybersecurity infrastructure, criminals can typically access their data faster — and dig around longer without being noticed. Even when small businesses detect a breach, they might not know how to shut out the hackers, stop the loss and corruption of customer data or just protect their business.
The effects can be devastating: The average cost of a cyberattack can range from $120,000 to $1.24 million per strike.5
Then there’s the reputational damage. For local retailers and services, relationships are built on personal connections and loyalty. When a customer’s data is stolen, that trust disintegrates — and might never come back.
Fortunately, owners and employees can take some simple steps to protect customers’ data
The Trust Center has a curriculum customized to help small businesses take their defenses to the next level.
Through webinars, articles, a Cybersecurity Assessment6 and a series of short videos called “Cyber Secure in 60 Seconds,”7 they can master best practices for concerns like password hygiene, employee access privileges and incident response plans.
To reach entrepreneurs around the world, Mastercard partners with companies, nonprofit organizations and governments that serve small businesses.
1
With Mastercard’s approval, partners can embed co-branded content
on their own sites and schedule webinars delivered by Mastercard’s cybersecurity experts. Webinars may also be available in Spanish and French, depending upon availability of cybersecurity experts proficient in these languages.
2
Interest is growing across the globe.
For example, Africa's National Small Business Chamber recently hosted a live webinar8 in partnership with Mastercard that attracted 1,400 entrepreneurs.
The advantages of cyber education are clear
Secured
data
Enhanced
resilience
A more fortified digital ecosystem
When systems are protected, owners can focus on what they do best: grow thriving and successful businesses.
“In an uncertain world, we’re working to build trust for everyone who touches payments. We want to help proprietors thrive.”
Gina Ganahl
Vice President of Product Management, Security Solutions, Mastercard
Ransomware: Protect your business against crippling attacks
Home
Threatcasting
Threatcasting
BIN attacks
BIN attacks
CISO Lessons
CISCO lessons
learned
Ransomware
Ransomware
The Trust Center
The Trust Center
Power of STEM
Power of STEM
Zero Trust
Zero trust
Zero Trust
Threatcasting
BIN Attacks
Ransomware
The Trust Center
Power of STEM
Threatcasting
BIN attacks
CISO Lessons