Credit Card Processing and PCI Compliance

Updated: January 25, 2010

Service Providers are partnered with their customers, both long term and new. Helping their customers understand their responsibilities is critical to a mutual success in the future. If you are not assisting your customers in this process, another company will step in and do so at the risk of you losing your customer to a more service oriented company. Educate yourself and your employees regarding this opportunity.

Direct your merchants toward their current credit card processor for guidelines and requirements.

Network activity is at it's most critical point in the history of retail or wholesale business. Common day to day activities can jeapordize your network security and also open your business system to a possible breach. In the event of a breach and you are processing credit cards. Visa and Mastercard will mandate an audit by a certified company I.E. Security Metrics. Up front cost for that audit can range from $9000.00 to $11,000.00. Each credit card involved in the breach will assess a replacement cost of $10.00 per card. This can add up at alarming rates.

Please refer to the link below for PCI Security Standards. This is just a start.

http://usa.visa.com/merchants/risk_management/cisp.html

https://www.pcisecuritystandards.org/security_standards/pci_dss_download_agreement.html

Related Categories
Featured Research
  • Office365 Adoption eGuide

    Microsoft moved to the cloud in 2014, and, as a result, Office 365 is taking off. Now, Okta customers are connecting to Office 365 in increasing numbers. This eGuide explains why IT departments should plan and deploy solutions around identity and mobility management in concert with their Office 365 roll out to get maximum user adoption. more

  • Okta Directory Integration

    For most companies, Active Directory (AD) or Lightweight Directory Access Protocol (LDAP) play a central role in coordinating identity and access management policies. When on-premise applications are integrated to Active Directory or LDAP, users get the best possible experience. That's why Okta's cloud-based identity and access management service provides a highly useful single integration point. more

  • Securing Enterprise Information Technology

    In the 1980s and 1990s, business applications and data were largely confined within and protected by a Local Area Network (LAN). The 2000s introduced a significant change. Download this white paper now to learn why the shift to the cloud is changing how companies think about and manage their IT infrastructure. more

  • Top 8 Identity and Access Management Challenges with Your SaaS Applications

    With more and more businesses adopting Software-as-a-Service (SaaS) applications, enterprise IT is fundamentally changing. This whitepaper presents the eight biggest Identity and Access Management (IAM) challenges associated with adopting and deploying cloud and SaaS applications, and discusses best practices for addressing each of them. more

  • Better BYOD with Pulse Secure and MDM Partners

    Learn how Pulse Secure and leading MDM product partners are transforming the way employees and IT benefit from the productivity and flexibility of BYOD — without compromising security or increasing management complexity. more