Benefits of the PCI DSS
VISA and MasterCard companies require from the trading enterprises and various service providers, who accept payments from the customers through these payment systems, to comply with the PCI DSS standard. It applies not only to the large-scale corporations. The small companies should also comply with this standard.
What will the company receive as a result of an audit for compliance with the PCI DSS standard?
The benefits are as follows:
- Compliance with the international payment system requirements.
- Reducing the risks from the possible confidential information disclosure.
- Formation of public opinion about the company’s fair name and stable position.
From all of the above mentioned, we can make a conclusion that the company’s compliance with the PCI DSS standard is extremely important in the modern business world.
How to determine if your company needs to comply with the PCI DSS standard requirements?
If your organization stores, processes or transfers the payment card data, and the business processes can affect the card security, you can safely say that you need to comply with the PCI DSS standard.
It is very important to be aware of the following: if your organization stores, processes or transmits the information about at least one card transaction or cardholder during the year, then you, as a company, must comply with the PCI DSS standard requirements.
“IT Specialist” – G+