Retail is an industry in transition, as technology continues topresent new avenues for consumers and businesses to makepurchases—and simultaneously gives cyberattackers new opportunitiesto steal personal and financial data.
Few organizations experiencing this evolution compare in sizeand scope with the 31,000 retail locations and 634,000 employees ofthe U.S. Postal Service (USPS). Including online and call centersales, the Postal Service processes nearly $17 billion in credit-and debit-card transactions annually, and more than $30 billionworth of ACH payments from business customers. Keeping thosetransactions secure is a duty of the treasury function.
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Meg Waters
Meg Waters is the editor in chief of Treasury & Risk. She is the former editor in chief of BPM Magazine and the former managing editor of Business Finance.
