Glossary of Compliance
Compliance Glossary
Our list of curated compliance glossary offers everything you to know about compliance in one place.
Card Verification Code or Value
A Card Verification Code/Value (CVC/CVV) is a series of numbers apart from the bank card number that is present on a debit or credit card. It provides an extra layer of security for card-not-present transactions where the PIN can’t be manually entered. In most cards, this is a three-digit number printed alongside the signature box.
Additional reading
GDPR For Small Businesses: A Quick Guide For 2026
TL;DR GDPR compliance for small businesses exempts them from its record-keeping requirements for data processing with a few criteria. GDPR requirements include processing data on a lawful basis, privacy by design and default, data security, accountability & governance, and privacy rights of data subjects. Complying with GDPR includes a 12-step checklist containing identifying and updating…
Cybersecurity for Internet of Things: Best Practices to Secure IoT Devices
In 2024, cyberattacks on Internet of Things (IoT) devices have increased significantly, with a notable attack on Roku compromising over 576,000 accounts. Experts predict that more than a quarter of all cyberattacks on businesses will soon involve IoT devices. But what does this mean for your business? As a small or medium business owner, you…
Cyber Insurance: Why Every Business Needs It in 2026
With cybercrime on the rise, more companies face the threat of data breaches, ransomware attacks, and other cybersecurity incidents. A data breach can harm more than just your computer system. It can tarnish your reputation and jeopardize your customers and employees. Surprisingly, among companies affected by data breaches, 76% say that the impact is as…
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