“Security” Posts

The Evolution of PCI

The Evolution of PCI

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. Let’s look at how the three key standards were launched and developed throughout PCI history. PCI History: The Standards PA-DSS The Payment Application Data Security Standard (PA-DSS), first introduced in 2007, is applicable to payment application settings. Organizations that offer this type of software for third-party use (such as for…

Credit Card Authorization vs. Pre-Authorization

Credit Card Authorization vs. Pre-Authorization

In the payment processing industry there is a ton of jargon used interchangeably, and sometimes done so incorrectly. As a business owner processing credit cards, it is important you know what these terms mean so you use them correctly if a customer asks. If you’ve landed on this blog, it’s because you’re trying to determine the difference between two industry terms: credit card authorization versus pre-authorization. Let’s dive in. Credit Card Authorization Typically every “successful” transaction gets an authorization, meaning it wasn’t declined. This is the card-issuing bank’s confirmation that there are funds available…

Everything to Know About PCI Compliance

Everything to Know About PCI Compliance

Do 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. This quick guide includes all the essential compliance information so you can move forward in ensuring the security of both your customers’ and organization's data. The Role of the PCI Security Standards Council The Payment Card Industry Security Standards Council (PCI SSC) is comprised of representatives…

Cards on File: Why It’s Important to Be PCI Compliant

Cards on File: Why It’s Important to Be PCI Compliant

When it comes to your customers’ information, sophisticated data protection is a must. Yet so many businesses continue to store sensitive customer data haphazardly. Keeping this raw information in filing cabinets or on your computer makes both you and your customers vulnerable to a number of risks. When it comes to moving away from these old-school tactics, a common misconception we come across is that it’s riskier to use a third-party provider to store the data for you. As a PCI level 1 Merchant Service Provider, we can confidently say this claim is false. In this post, we dive…

6 Information-Security Risks to Know About as You Prepare for 2019

6 Information-Security Risks to Know About as You Prepare for 2019

As the owner of a small to medium-sized business, you probably understand the importance of information. Your company likely gathers a wealth of data from its various IT systems that you process, store, and even analyze to help make better tactical and strategic decisions. The amount of information gathered by businesses of all sizes is constantly growing, and it’s becoming increasingly important to take the right security measures to protect your company’s stored data. This article highlights six information-security risks you should know about as you prepare for 2019. Information Security Cybercriminals recognize that companies are gathering more…