Payment Card Industry (PCI) compliance follows certain requirements launched in 2006 that are designed to ensure the safety and security of credit card data. Credit card processors mandate all ...
Although many companies appear to be having difficulty in doing so, Surdich said it is simple if they follow the three basic rules: controlling changes to the cardholder environment; maintaining ...
If you’re in a medium to large firm, you may be concerned about all the hacks and security breaches that have been plastered across the press in recent months. In fact, I wouldn’t be surprised if at ...
But even the most expensive PCI project still pales in comparison to the costs of even a single significant data breach. A single breach can cost millions of dollars to clean up and tens of millions ...
According to data from Statista, 40% of point-of-sale payments made in 2021 were done so with a credit card, followed by debit cards at 30%. Cash usage continues to decline year over year. With credit ...
Worse than compliance failure alone is if the failure is caught because of a security incident. Investigations and reviews ...
If you work in a small or medium-sized business, you might have opened your mail recently and found a letter from the bank that handles your credit card processing, asking you to certify your ...
Sharon Finney, an information security administrator at Decatur Ga.-based Dekalb Medical Center has been dealing with regulatory compliance issues for years. When I go to the audit and compliance ...
Caution: Just because your company has a payment card industry (PCI)compliance certificate, don’t assume your data is perfectly safe and secure. Youcan still suffer a breach. That’s the lesson ...
The easiest way for small businesses to address the information security requirements imposed by credit card companies is the wrong way. I'm talking about lying and praying. In 2004 the major credit ...