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This is the purpose of PCI DSS –– and every retailer is required to comply.
Depending on the ecommerce technology and backend a retailer uses, and how their payment systems are architected, PCI compliant hosting can be an easy check on a long list of things retailers need to do to ensure their customers are transacting securely, or it can be a big pain –– costing ample time, resources and money. We’re hosting our first annual Ecommerce Growth Summit, featuring keynote presentations from Mike Ditka, NFL Hall of Fame Coach, Jason Boyce, Co-Founder and CEO of Dazadi, an Inc. Register for the Ecommerce Growth Summit in Chicago this June. The PCI Security Standards Council (PCI SSC) defines a series of specific Data Security Standards (DSS) that are relevant to all merchants who accept credit card, regardless of their revenue and annual credit card transaction volumes.
This mark is your assurance that the product has been tested by one of the most respected independent certification organizations in existence today.
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Dealing with a compromise is a time-consuming hassle from a consumer’s perspective; particularly because many of us maintain large numbers of (supposedly secure) personal online profiles that afford us a convenient way to deal with recurring monthly or annual payments.
How can we be sure that these online service providers, who so readily accept and retain our credit card information, are taking the appropriate measures to secure it?
To keep up with the constantly evolving world of privacy and security sign up for the Bloomberg BNA Privacy and Security Update.
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[The following paragraph is effective for audits of fiscal years beginning on or after December 15, 2010. Paragraph .05 describes the procedure to be followed when a subsequent event occurring after the report date is disclosed in the financial statements.