Real solutions to streamline your business.
Featured Resource: Assess Your
Merchant Statements
How did the Payment Card Industry standards come to fruition? Let’s start with the body that governs their development; the PCI Security Standards Council (PCI SSC). The PCI SSC is a worldwide consortium of security experts from different areas of payment processing, including businesses taking credit card payments.
READ MOREDo you need a better understanding of the Payment Card Industry Data Security Standard (PCI DSS)? One option is to wade through the PCI Security Standards Council's 139-page report outlining the standard. Before you dive in, we can provide a general overview of what is involved in this important set of requirements for businesses.
READ MOREIn 2017, Target completed a multi-state settlement for $18.5 million stemming from a massive 2013 data breach that exposed customer credit card data (over 40 million records) and contact information (over 70 million records). Target's security was called into question, but it was actually an issue with its outside services: an HVAC supplier was noncompliant with the Payment Card Industry Data Security Standard (PCI DSS). This incident highlights the importance of PCI compliance, both internally and in association with your service providers, such as your Payment Processor.
READ MOREPayment Card Industry (PCI) compliance is an absolutely essential cog in the wheel that turns e-commerce. While it’s legal in the U.S. to not comply with PCI standards, failure to do so can result in bank fines, an inability to do business with Card Associations like Visa and MasterCard and — most importantly — put your customers’ personal information at risk.
READ MORE