SPRT » Topics » We are exposed to risks associated with credit card and payment fraud and with credit card processing.

This excerpt taken from the SPRT 10-Q filed May 8, 2009.

We are exposed to risks associated with credit card and payment fraud and with credit card processing.

Certain of our customers use credit cards to pay for our Consumer technology support offerings. We may suffer losses as a result of orders placed with fraudulent credit cards or other payment data. Our failure to detect or control payment fraud could have an adverse effect on our results of operations. We are also subject to payment card industry association operating standards and requirements, as in effect from time to time. Compliance with those standards requires us to invest in network and systems infrastructure and processes. Failure to comply with these rules or requirements may subject us to fines, potential contractual liabilities, and other costs, resulting in harm to our business and results of operations.

These excerpts taken from the SPRT 10-K filed Mar 11, 2009.

We are exposed to risks associated with credit card and payment fraud and with credit card processing.

Certain of our customers use credit cards to pay for our Consumer technology support offerings. We may suffer losses as a result of orders placed with fraudulent credit cards or other payment data. Our failure to detect or control payment fraud could have an adverse effect on our results of operations. We are also subject to payment card association operating standards and requirements, as in effect from time to time. Compliance with those standards requires us to invest in network and systems infrastructure and processes. Failure to comply with these rules or requirements may subject us to fines, potential contractual liabilities, and other costs, resulting in harm to our business and results of operations.

We are exposed to risks associated with
credit card and payment fraud and with credit card processing.

Certain of our customers use credit cards to pay for our Consumer
technology support offerings. We may suffer losses as a result of orders placed with fraudulent credit cards or other payment data. Our failure to detect or control payment fraud could have an adverse effect on our results of operations. We are also
subject to payment card association operating standards and requirements, as in effect from time to time. Compliance with those standards requires us to invest in network and systems infrastructure and processes. Failure to comply with these
rules or requirements may subject us to fines, potential contractual liabilities, and other costs, resulting in harm to our business and results of operations.

FACE="Times New Roman" SIZE="2">We may not obtain sufficient patent protection, which could harm our competitive position, increase our expenses and harm our business.

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">Our success and ability to compete depend to a significant degree upon the protection of our software and other proprietary technology. It is possible
that:

 







  

We may not be issued patents we may seek to protect our technology;

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







  

Competitors may independently develop similar technologies or design around any of our patents;

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







  

Patents issued to us may not be broad enough to protect our proprietary rights; and

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







  

Our issued patents could be successfully challenged.

 


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This excerpt taken from the SPRT 10-Q filed Nov 6, 2008.

We are exposed to risks associated with credit card and payment fraud and with credit card processing.

Certain of our customers use credit cards to pay for our consumer technology support offerings. We may suffer losses as a result of orders placed with fraudulent credit cards or other payment data. Our failure to detect or control payment fraud could have an adverse effect on our results of operations. We are subject to payment card association operating standards and requirements, as in effect from time to time. Compliance with those standards requires us to invest in network and systems infrastructure and processes. Failure to comply with these rules or requirements may subject us to fines, potential contractual liabilities, and other costs, resulting in harm to our business and results of operations.

This excerpt taken from the SPRT 10-Q filed Aug 7, 2008.

We are exposed to risks associated with credit card and payment fraud and with credit card processing.

 

Certain of our customers use credit cards to pay for our consumer technology support offerings. We may suffer losses as a result of orders placed with fraudulent credit cards or other payment data. Our failure to detect or control payment fraud could have an adverse effect on our results of operations. We are subject to payment card association operating standards and requirements, as in effect from time to time. Compliance with those standards requires us to invest in network and systems infrastructure and processes.  Failure to comply with these rules or requirements may subject us to fines, potential contractual liabilities, and other costs, resulting in harm to our business and results of operations.

 

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