News surfaced at the end of March about a security breach in of payment processing company Global Payments’ server. The announcement revealed 1.5 million cardholders could be affected and any potential victims should be on the lookout for evidence of unauthorized account activity. Now, Global Payments is advising merchants to stay vigilant with PCI compliance.
Payment Card Industry Digital Security Standards (PCI DSS) were established by the Payment Card Industry Security Standards Council to better safeguard consumers. When retailers follow the security measures, they should be able to store customers’ credit card information safely on their servers, thus reducing the likelihood of data breach.
Following the breach, Visa (a member of the PCI council) dropped Global Payments from its registry of authorized providers. To earn back its membership, the company is undergoing independent audits to prove that it is adhering to the standards, according to Gov Info Security. It is also reminding retailers to stay active in the security process and not allowing compliance to become a once-a-year responsibility.
ZDNet recommends all merchants audit their compliance on a regular basis to ensure standards are up-to-date.
“Actually schedule it in there, so that way it doesn’t drop off the radar,” the source suggests. “It’s pretty important that this stuff happens, and someone needs to own the oversight … otherwise, things will fall into the cracks; guaranteed.”Back To Blog