PCI Compliance 101
PCI DSS: It’s more than alphabet soup.
Payment Card Industry Data Security Standard (PCI DSS) looks like mumbo jumbo of letters smushed together, but in fact, it’s one of the most critical sets of card-handling practices that your business needs to thrive. The standard specifies how merchants should handle, process, and store sensitive payment card data securely. All merchants, no matter the size, number of credit card transactions or industry, must be in compliance with these 12 requirements in order to ensure a secure environment for credit card transactions.
Failure to comply with the PCI standard is risky, not only for your customers, but also for your business’s bottom line. In the event of a data breach, if you’re not PCI compliant, you could face fines, penalties and other costs totaling as much as $12,000-100,000.
To ensure you’re protected and in compliance with PCI requirements, Abtek has partnered with SecurityMetrics, a leading provider and innovator in data security and compliance for organizations worldwide. SecurityMetrics offers a Self-Assessment Questionnaire to help you determine what PCI requirements apply to your business, and what you need to do to reach compliance.