There is no fixed price on the costs involved with becoming PCI DSS (Payment Card Industry Data Security Standards) compliant. Instead, the costs largely depend on the size of your business, the volume of transactions your company conducts annually, and the transmission and storage methods you use. PCI DSS is designed to ensure the security…
The payment card industry is among the top targets of breaches. According to CreditDonkey, approximately47%of Americans have experienced credit card fraud in the past five years. The same report states that card data theft incidents occur every two seconds. PCI DSS, a set of security standards, helps prevent financial loss from card data theft for…
Companies handling sensitive customer data and payment information are under pressure to comply with not just one, but multiple security frameworks. It’s no longer a question of if you’ll need to prove compliance, but how many certifications you’ll be asked to show. One framework wants proof that your entire business manages information risk; the other…
Credit card and payment information is one of the most sensitive pieces of information that some organizations handle. So, it goes without saying that there are standards and rules in place to protect such sensitive data. Violating the rules has severe consequences. Payment Card Industry Data Security Standards (PCI DSS) are guidelines rolled out by…
PCI DSS is for payment card data. It is seen as the gold standard for protecting sensitive authentication data and with PCI DSS 4.0 in effect the requirements have only become more stringent. The newer and stronger version was built after much input from the PCI Community, including 6,000+ comments from 200 companies and many…
The payment card industry faces constant threats of breaches. CreditDonkey reports that credit card fraud affected 47% of Americans in the past five years. Malicious actors steal card data every two seconds, highlighting the urgency of strong security measures. If you are a merchant who processes or accepts payment cards, you have to store card…