Direct selling is a successful business model and one such challenge faced by the industry is facing security breaches. Having a security management is not only about securing systems but also implementing programs to reduce organizational risk by minimizing damages occurring digitally. This includes any third-party accesses sensitive information.
The importance of the security management framework is its ability to articulate real-time security measures through all levels of the enterprise architecture. The goal of such a framework is to safeguard an organization against threats, risks, and vulnerabilities. It does so by articulating access management policies, role-based access control measures, vulnerability and threat detection strategies as well as end point monitoring methods for threats and risk mitigation plans in case an incident occurs.
With so many ways to pay online, it is more important than ever that direct sales companies ensure that their customers’ payments are secure. The security framework adopted by the direct sales companies should ensure that they possess features such as 3D secure authentication, tokenization, secure payment gateway integrations, SSL certified transactions, PCI DSS compliance etc.