The Payment Card Industry Data Security Standard (PCI DSS) is a set of internationally recognized security standards designed to protect sensitive data associated with payment accounts. These standards apply to any organization or entity that manages cardholder data.
As of March 2022, PCI DSS v4.0 is the most current version of these standards, though v3.2.1 will remain valid until the end of March 2024. PCI DSS defines 12 requirements, testing procedures for each requirement, and guidance on best practices for implementation.
To be PCI compliant, an organization must implement and maintain security practices that meet or exceed these standards. SecMyIT’s PCI compliance services will guide your organization through this process and help you maintain year-round compliance.
Whether you’re a large or small business, if you accept credit card payments or are a service provider to merchants, your organization is responsible for protecting payment cardholder data through PCI security standards.
With security breaches and cybercrimes becoming commonplace, adhering to PCI Data Security Standards is critical to keeping your customers’ payment card data safe and secure.
Help protect your business against loss of customers, brand erosion, litigation, and huge monetary losses by becoming PCI compliant.
SecMyIT will help you get through the compliance process efficiently and thoroughly, leaving you with the peace of mind that your data is secure and, more importantly, that your customers’ data is secure.
Failing to follow PCI security standards can leave sensitive cardholder data vulnerable due to insufficient security practices. Additionally, in the case of a security breach or attack, a non-compliant organization may be held responsible for card replacement costs, the cost of audits and investigations, and other penalties at the discretion of PCI stakeholders.
Failing to maintain compliance can also damage an organization’s reputation, especially if a data breach occurs.
