Saturday, April 10, 2010

Ten Common Myths About PCI

What is PCI?

As you are probably aware over the past several years there have been many large credit card security beaches. To combat this Visa, Master Card, Discover and American Express has formed Payment Card Industry Data Security Standard or PCI DSS for short. As such every merchant has to be in compliance to avoid penalties and fines. A study conducted shows that compliance was lowest among small merchant. According to industry research by Verizon, 81 percent of the organizations that experienced a breach “were not Payment Card Industry (PCI) compliant”. In addition more than 80% of breaches since 2005 have happened at small merchants.


Check out the following link:

https://www.pcisecuritystandards.org/pdfs/pciscc_ten_common_myths.pdf

Please let us know if we can be of service to your business. Please contact us at ray@tampabaymerchantservices.com or call 727-916-7294
http://www.tampabaymerchantservice.com/

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