Are you ready for PCI compliance?

Davey Winder takes a closer look at the financial transaction security standard and what you need to do to get certified.

The trouble is, according to Andy Gibbs, director of security and compliance at cloud computing provider Star, that many of the smaller level 4 companies (those handling fewer than 20,000 payment card transactions a year) have "complained that the acquirers and payment card industry have not communicated the requirements and deadline clearly enough". As a result, Gibbs believes there will be "thousands of smaller firms struggling to meet the 12 basic requirements of the standard".

This is particularly worrying as level 4 merchants suffering a security breach exposing customer credit card details will automatically be moved up to level 1 (the big boys category for more than six million transactions a year) making the PCI-DSS compliance process much more expensive.

Gibbs and others will say the answer is to outsource payment processing to a specialist platform provider which is already PCI-DSS compliant. Thatt's not bad advice to be honest, but is it too late in the day to get compliant yourself?

Not according to Barclaycards' Neira Jones who insists "it is never too late!".

Advertisement
Advertisement - Article continues below

Jones says Barclaycard always advises its customers:

*Do not treat PCI DSS as an IT project: it is a Change Programme and needs organisational commitment.

*Train staff at all levels (there will be various degrees of training).

*Understand how card payments are currently processed (people, process and technology).

*Embed an information security culture within your organisation early.

*If you don't need cardholder information, don't have it...

Featured Resources

The essential guide to cloud-based backup and disaster recovery

Support business continuity by building a holistic emergency plan

Download now

Trends in modern data protection

A comprehensive view of the data protection landscape

Download now

How do vulnerabilities get into software?

90% of security incidents result from exploits against defects in software

Download now

Delivering the future of work - now

The CIO’s guide to building the unified digital workspace for today’s hybrid and multi-cloud strategies.

Download now
Advertisement

Most Popular

Visit/cloud/microsoft-azure/354230/microsoft-not-amazon-is-going-to-win-the-cloud-wars
Microsoft Azure

Microsoft, not Amazon, is going to win the cloud wars

30 Nov 2019
Visit/cloud/amazon-web-services-aws/354223/what-to-expect-from-aws-reinvent-2019
Amazon Web Services (AWS)

What to expect from AWS Re:Invent 2019

29 Nov 2019
Visit/hardware/354232/raspberry-pi-4-owners-complain-of-broken-wi-fi-when-using-hdmi
Hardware

Raspberry Pi 4 owners complain of broken Wi-Fi when using HDMI

29 Nov 2019
Visit/mobile/google-android/354189/samsung-galaxy-a90-5g-review-simply-the-best-value-5g-phone
Google Android

Samsung Galaxy A90 5G review: Simply the best value 5G phone

22 Nov 2019