PCI DSS Payment Card Industry Data Security Standard


Payment Card Industry Data Security Standard

PCI DSS Certification offers peace of mind for your customers. They can be sure that their data is protected and that you comply with the latest industry regulations.  As an organisation that handles credit card information, you must be PCI DSS Certified to protect your client’s sensitive data. Becoming certified will help you to minimise the risk of data breaches and fraud and provide peace of mind for your customers.

What is
the PCI DSS Standard?

The Payment Card Industry Data Security Standard PCI DSS) is a set of security standards created by major credit card companies to protect against credit card fraud and ensure that organisations that accept, process, store, or transmit credit card information maintain a secure environment.

The PCI DSS requirements include maintaining secure networks, protecting cardholder data, regularly monitoring and testing security systems, and maintaining information security policies. Compliance with PCI DSS is required for any organisation that accepts credit card payments, regardless of the size or volume of transactions.

Who Should

The Payment Card Industry Data Security Standard (PCI DSS) should be implemented by all organisations that store, process, or transmit cardholder data from major credit card brands such as Visa, MasterCard, American Express, Discover, and JCB. This includes merchants, payment processors, banks, and other service providers handling sensitive payment card information.

What are the
Risks of Not Complying to PCI DSS?

Non-compliance with the Payment Card Industry Data Security Standard (PCI DSS) can result in various risks and negative consequences for organisations that handle cardholder data. One significant risk is monetary fines imposed by payment processors.

In addition to financial penalties, non-compliance can lead to forensic audits, which are investigations to determine the cause of a data breach or security incident. These audits can be time-consuming and expensive for organisations, mainly if they result in the need to pay for additional security measures and penalties.

Another risk of non-compliance is reputational damage. A data breach or security incident can harm an organisation’s reputation and erode customer trust. This can result in losing sales and customers and the associated negative publicity.

How can we help you?

Contact us today to learn more about our services and how we can help you safeguard your business.

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