Smallbiztechnology.com: The Credit Card Industry Data Security Standard For SMBs
Chris Mark, executive vice president of ProPay, explains demands of new credit card data security protocols.
“For companies that store, transmit, or process payment card data (credit or debit cards),
compliance with the Payment Card Industry Data Security Standard (PCI DSS) is mandatory.
Some of those companies must also validate compliance to meet the requirements of the card brands and banks. The PCI DSS is a set of 12 high-level requirements and approximately 220 sub-requirements. Most that have had to comply with the standard would likely agree that using the word ‘difficult’ to describe achieving compliance is an understatement. Quite frankly, achieving and maintaining compliance with the PCI DSS is an extremely challenging and expensive undertaking. Fortunately, there are ways to reduce the headache and associated cost of PCI DSS compliance.”