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05/04/2011 -
According to many information security experts, some merchants are overlooking one of the most important aspects of payment processing - PCI compliance.In an article for SeaCoastOnline.com, Erik Crago writes that many retailers are under the false assumption that only ecommerce vendors accepting credit or debit cards need to be compliant with PCI Data Security Standards. However, any store that transmits payment card information must be PCI compliant or it could risk receiving a major fine or losing the right to accept card payments at all. One of the best ways to make sure that no issues occur is to hire an outside expert, who is familiar with the necessary procedures.
As the PCI compliance requirements continue to evolve, they become more confusing to people who are not in the industry. To make sure your business is compliant, start by hiring a qualified security assessor to consult with you and assess your situation. A QSA is a data security firm that has been trained and is certified by the PCI Security Standards Council to perform on-site security assessments for verification of compliance with PCI DSS.
It's not just retail businesses that need to be PCI compliant. In a recent statement, PCI Free said that small dental or medical practices were ripe targets for criminals looking to steal information and that they needed to make sure they protected information.
