The Payment Card Industry Data Security Standard (PCI DSS) comprises a set of globally acknowledged security protocols aimed at safeguarding sensitive information related to payment accounts. These protocols are applicable to any organization or entity that handles cardholder data.
As of March 2022, the latest version of these standards is PCI DSS v4.0, while v3.2.1 will continue to be recognized until the end of March 2024. PCI DSS outlines 12 specific requirements, along with testing procedures for each and recommendations for best practices in implementation.
To achieve PCI compliance, an organization must adopt and uphold security measures that align with or surpass these standards. SecMyIT offers PCI compliance services to assist your organization in navigating this process and ensuring continuous compliance throughout the year.
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.
Neglecting to adhere to PCI security standards can expose sensitive cardholder information to risks stemming from inadequate security measures. Furthermore, if a security breach or attack occurs, an organization that is not compliant may face liability for expenses related to card replacements, audits, investigations, and other penalties determined by PCI stakeholders. Non-compliance can also harm an organization’s reputation, particularly in the event of a data breach.