PCI DSS Compliance - are you?

By sjr4x4 : Administrator
Published 19th September 2012 | Last comment 15th October 2012
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Becoming PCI compliant can be a very challenging task for online businessesas many busiensses are unsure of what compliance level they need and how to best tackle it. To manage it in house can drain your resources and as hackers get more creative the PCI council regularly introduce new checks and procedures that need to be adhered to. This why many online businesses partner with a PCI level 1 accredited provider to take the headache away. Although many businesses think that this means they are automatically compliant. However they will still need to fill out a Self Assessment Questionaire form (SAQ).

Although what may seem like a headache for online businesses, it is necessary. We have read about major breaches where a hacker has compromised a businesses server and gotten access to card data. This can do a lot of damage to a business both to its finance and reputation. Trust plays a very big part in e-commerce and a negative experience like having your card data compromised can mean that customer is lost forever.

This ones raised it's head from time to time, but until now we've never been forced to do it.

The PCI Data Security Standard provides a worldwide framework for all credit card transactions from websites and card readers. If you take card payments, then the chances are you need to be compliant.

Our card payment processor, Streamline has just told us we need to be compliant by the 1st October otherwise its a

PayPoint.net

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