As the landscape of credit and debit card purchase technology constantly changes, businesses must work vigorously to stay up-to-date on PCI compliance, CIO Magazine reports.
Maintaining proper PCI compliance protects customers’ account information when processing and storing transactions, and reduces the risk of security breach.
The process of re-establishing accounts and reputation after a breach is an expensive one. Taking preventative measures such as following the PCI checklist outlined by the PCI Security Standards Council can go a long way toward preventing future headaches.
Some requirements include installing and keeping an updated firewall, changing the vendor-supplied passwords that come with network and payment processing equipment, encrypting all transmissions of customer data over public networks, maintaining antivirus software on all computers and regularly testing security applications.
A secured business should have no problem passing a PCI audit, which involves an examination of the security system, identification of vulnerabilities and prevention of compromisable data.
Properly performing checklist actions will increase customer confidence in the long run, and ensure that a company isn’t exposed to preventable breaches.Back To Blog