The Payment Card Industry Data Security Standard (PCI DSS) applies to companies of any size that accept credit card payments. If your company intends to accept card payment, and store, process or transmit cardholder data, you need to host your data securely with a PCI compliance hosting provider. According to the PCI Security Standards Council, there are 12 PCI compliant requirements that meet a variety of security goals. These goals include things like building and maintaining a secure network, protecting card holder data, maintaining a vulnerability management program, implementing strong access control measures and maintaining an information security policy.
They have years of experience with online transactions by the PCI industry. PCI industry is comprised of top five payment card processors, Visa, Mastercard, American Express, JBC, and Discover. Combined, they have seen every, and any type of malicious threat to their processing systems that ever existed. The old joke quotes a bank robber who they asked why he robs banks, he responded, "that is where the money is". Well, in today's language, people with malicious intent focus on payment processor sites, because "that is where the money is".
By securing PCI security compliance you are taking advantage of years of experience in defending online assets from intruders. Ideas to protect your own intellectual property online are another benefit of PCI. Following the PCI DSS standard to the T will give you ideas for how to protect your own business data. Your business data may not be as desirable by most criminals as the "money" is, but, nevertheless, your data is valuable and you would not want to be a victim of modern, online industrial espionage.
Following PCI DSS will give you guidelines to protect your own data. Moreover, by merging your own security measures with the measures to satisfy PCI data security standards compliance, the PCI DSS fulfillment will become just an incremental burden, much easier to implement. You may not have a choice in following the PCI standards. No matter how you slice it, PCI is a monopoly of sorts. If you are found non-compliant, and unable to process credit card, debit cards with one of the five logos, you may not be able to process many online transactions at all. Yes, there is PayPal, eJunkie, and other online processors, but they usually operate in very specialized markets, and do not have as broad a reach as Visa and Mastercard.
By narrowing down what level and type of merchant you are, you're well on your way to becoming PCI compliant! PCI Compliance is so important to your business as it protects you and your clients.
They have years of experience with online transactions by the PCI industry. PCI industry is comprised of top five payment card processors, Visa, Mastercard, American Express, JBC, and Discover. Combined, they have seen every, and any type of malicious threat to their processing systems that ever existed. The old joke quotes a bank robber who they asked why he robs banks, he responded, "that is where the money is". Well, in today's language, people with malicious intent focus on payment processor sites, because "that is where the money is".
By securing PCI security compliance you are taking advantage of years of experience in defending online assets from intruders. Ideas to protect your own intellectual property online are another benefit of PCI. Following the PCI DSS standard to the T will give you ideas for how to protect your own business data. Your business data may not be as desirable by most criminals as the "money" is, but, nevertheless, your data is valuable and you would not want to be a victim of modern, online industrial espionage.
Following PCI DSS will give you guidelines to protect your own data. Moreover, by merging your own security measures with the measures to satisfy PCI data security standards compliance, the PCI DSS fulfillment will become just an incremental burden, much easier to implement. You may not have a choice in following the PCI standards. No matter how you slice it, PCI is a monopoly of sorts. If you are found non-compliant, and unable to process credit card, debit cards with one of the five logos, you may not be able to process many online transactions at all. Yes, there is PayPal, eJunkie, and other online processors, but they usually operate in very specialized markets, and do not have as broad a reach as Visa and Mastercard.
By narrowing down what level and type of merchant you are, you're well on your way to becoming PCI compliant! PCI Compliance is so important to your business as it protects you and your clients.
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