What type of risk is significantly minimized by securing Verifone devices physically?

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Securing Verifone devices physically significantly minimizes the risk of fraudulent activities. When these devices are physically secured, it reduces the chances that they can be tampered with or stolen, which are common methods for committing fraud, such as skimming or unauthorized access to payment information. Physical security measures, like locks, secure installations, and monitoring systems, help ensure that only authorized personnel can interact with the devices, thereby protecting sensitive customer payment information and transactions. This proactive approach to security helps maintain the integrity of payment systems and builds trust with customers by safeguarding their financial data from potential threats.

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