Pci Compliance - A Valuable Investment

Posted by MyChoices on 05/9/08 in Business

PCI compliance is mandated for all merchants who store, process, or transmit sensitive payment card data. The PCI DSS is a set of twelve specific requirements that these merchants must adhere to. These standards are not necessarily easy to achieve, but that doesn’t make them any less valuable to your future business success.

So what are the costs of becoming PCI compliant? The up-front cash requirements can, unfortunately, be rather daunting, depending on how far you have to go before you reach PCI compliance. Some estimates say that the nation’s largest companies could spend hundreds of thousands of dollars as they take the steps to reach compliance.

This is a preview of Pci Compliance - A Valuable Investment. Read the full post (702 words, estimated 2:48 mins reading time)

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A Methodical Approach To Pci Compliance

Posted by MyChoices on 04/21/08 in Business

The PCI DSS, or Payment Card Industry Data Security Standard, is a set of standardized requirements that merchants who store, transmit, or process sensitive information must adhere to. These requirements can be complex and time consuming, but if you take a more methodical approach to PCI compliance, some of those mandated procedures might not be so bad.

The fist step is to analyze your priorities. How important is PCI compliance to you? But before you answer that question, you need to understand some of the recent happenings in the payment card industry.

This is a preview of A Methodical Approach To Pci Compliance. Read the full post (631 words, estimated 2:31 mins reading time)

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