SURFSIDE BEACH, S.C. (WBTW) — The Surfside Beach Town Council approved a payment processing service on Tuesday to enhance transaction security following a cyber incident that diverted a $545,000 contractor payment.
The agreement with Strategic Payment Services shifts liability for fraudulent transactions to the company and comes at no additional cost to the town, as the service is offered through an existing town contract.
Strategic Payment Services Vice President, Melissa Elliot, said the company will operate alongside the town’s existing financial system to provide added oversight and fraud prevention controls before funds are released…