Retail is an industry in transition, as technology continues to present new avenues for consumers and businesses to make purchases—and simultaneously gives cyberattackers new opportunities to steal personal and financial data.
Few organizations experiencing this evolution compare in size and scope with the 31,000 retail locations and 634,000 employees of the U.S. Postal Service (USPS). Including online and call center sales, the Postal Service processes nearly $17 billion in credit- and debit-card transactions annually, and more than $30 billion worth of ACH payments from business customers. Keeping those transactions 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.
