Learning the Basics of PCI Compliance - PowerPoint PPT Presentation

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Learning the Basics of PCI Compliance

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The Payment Card Industry Data Security Standard, commonly known as PCI DSS, provides a framework based on which all entities that handle card information or other sensitive personal details please visit my website – PowerPoint PPT presentation

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Title: Learning the Basics of PCI Compliance


1
Learning The Basics Of PCI Compliance
  • What is PCI Compliance?
  • The Payment Card Industry Data Security Standard,
    commonly known as PCI DSS, provides a framework
    based on which all entities that handle card
    information or other sensitive personal details
    can become compliant in terms of security. When
    high risk merchants work together with payment
    processing service providers within the rules of
    the PCI framework, the risk of cyber-attacks and
    data theft can be significantly reduced.

2
Security Data Breaches Impact Your Business
  • High risk merchants, like all businesses, are at
    risk for payment processing security breaches.
    The costs associated with data breaches, combined
    with the pervasiveness of internet payment
    processing, has made the prevention of such
    events a priority.
  • One of the most recent studies on the current
    state of PCI compliance suggests that there is a
    gap between the required and the actual level of
    data security, but there is some hope that the
    gap is gradually closing. Verizon's 2015 report
    states that during 2014, the number of companies
    that became PCI compliant doubled compared with
    the previous year. However, only 29 of those
    that become compliant will complete subsequent
    annual evaluations.

3
Basic PCI Protection Measures
  • The PCI standard includes a series of recommended
    measures that any business or payment processing
    service provider needs to implement in order to
    avoid data breaches.
  • Protect cardholder data by installing and
    maintaining a firewall
  • Use encryption when card information is
    transmitted across open, public networks
  • Use up-to-date virus protection
  • Focus on achieving the maximum security for
    your applications

4
Costs of Data Breaches
  • While it may seem unnecessary, particularly for
    small to medium sized businesses and
    organizations, to implement and maintain security
    measures, the costs associated with potential
    data breaches are worth the effort. No high risk
    merchant, big or small, can be protected from
    data breaches through means other than
    appropriate security. In a world where cybercrime
    is almost impossible to control, applying and
    maintaining PCI security measures should be
    everybodys priority.

5
Contact Us For Details
  • Contact Us Pay Net Secure
  • Phone No (214) 269-9364
  • Email info_at_paynetsecure.net
  • Address U.S. Headquarters,1802 North Carson
    St,Suite 212,Carson City, NV 89701
  • Website https//www.paynetsecure.net
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