Privacy and security regulations, such as the PCI Data Security Standard (DSS) for credit card information, add complexity and costs to a business’ IT process. Businesses that do not comply with the PCI DSS mandate that businesses proactively protect customer credit card data risk facing penalties such as fines, increased transaction fees or losing the right to access a payment card network’s resources.
As part of our methodology, we perform a customized PCI gap assessment to determine our client’s current compliance level and outline the specific steps required to achieve PCI compliance.
Download: Understanding PCI Compliance
The Payment Card Industry Data Security Standard (PCI DSS) mandates an appropriate set of security standards expected to be maintained by merchants and service providers. This standard applies to all organizations that hold, process or exchange cardholder information.
Businesses that do not comply with the PCI DSS mandate risk facing penalties such as fines, increased transaction fees, or losing the right to access a payment card network’s resources. Data security breaches can also negatively impact a business’ reputation.
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