Finding the right PCI audit partner is key to compliance and competing for customers.
Whether it be the damages that could result from a data breach caused by lax security or the operational inefficiencies—and thus competitive disadvantages—that could be caused by cumbersome policies and procedures, your organization must mitigate risks on multiple fronts as you seek to satisfy regulators, customers, and stakeholders alike.
.jpg)
Recent advancements in technology have, in many ways, made our on-the-go lives easier and more flexible. But at the same time, our private data has become more and more vulnerable to data breaches, , making it even more important to understand PCI DSS compliance requirements.
That’s because of consumer preference, the frequency of online transactions, and the fact that private data storage regulations are only recently beginning to come under the magnifying glass and mature.
Unless you’ve been hiding inside a cave or stranded on a remote island somewhere in the middle of the ocean for the past decade, you are likely aware that the prevalence of cybersecurity attacks has increased exponentially. To ward off these attacks and ensure compliance with data privacy regulations, many businesses will conduct a PCI compliance audit.
There is no denying that Amazon Web Services (AWS) is a popular choice among companies these days. Businesses like to store their data and run their operations through AWS because of the convenience and performance that its cloud-based storage and services provide. But the AWS IoT platform is not without risk. Researchers have identified cybersecurity vulnerabilities that could be compromised, potentially resulting in data breaches.
.jpg)
So, you think your data is safe because you stored it “in the cloud”? If your company is amongst a majority of businesses who decide to transfer to the cloud, you might be wondering if you should still be concerned about secure cloud computing. On one hand, you would have lower costs, added control, and a higher level of protection against security breaches; on the other hand, you are not impenetrable or immune to cyberattacks. While some things become safer, there is a whole new set of concerns and security challenges presented once you move to the cloud.
Payment card data must be well-protected as damages from data breaches continue to mount. Merchants and service providers must meet the relevant PCI compliance requirements, depending on their PCI levels, to accept payment cards and to process, store, or handle payment card data in any way.
Security breach incidents have become as ubiquitous as Monday morning traffic. Occurrences appear to be getting more sophisticated in scale when it comes to the volume of data stolen and the financial impact to both enterprise and individuals. Adopting strong DLP policies is key when it comes to protecting data.
Any business that stores, transmits, or processes payment card data has a responsibility to ensure that those transactions are secure. The Payment Card Industry Data Security Standard (PCI DSS) has a path for that - it's called the PCI compliance checklist.
The PCI DSS issued a set of 12 high-level requirements known as the PCI compliance checklist. These requirements apply to merchants of all sizes that accept consumer credit and debit cards. At its core, the PCI compliance checklist is designed to protect consumer card data from fraud and data breaches. Although the requirements mandated by PCI DSS are not law, there are hefty fees and fines for non-compliance.
If you were to just listen to the news, you would think that an organization only has to worry about hackers, malware, DDoS, and ransomware attacks. While the biggest threats are commonly from outside cyberattacks, these are not the only concerns a company faces. Companies need to establish insider threat detection programs to address malicious and unmalicious insiders.