PCI Compliancy

So what is PCI? Why do you have to be compliant with it and how does it affect your business?

Click below to view PCI Security Website

The fact is we’re in the digital age of e-commerce. We buy and sell more products on the web using our credit cards and cell phones more than ever before. We must face the realization that there is some inherent risk with putting our credit information in the hands of others. We see news stories of stolen credit cards at restaurants and retailers that have been hacked, and even large corporations like Sony being breached.

Click below to view DCRS Solutions PCI Link

We want to better inform you of PCI Compliancy and how to reduce your company’s risk of being Non-Compliant.

We will do this in a 2 part series (with this section covering Part 1)

• Part 1– Define PCI and also what business’s fall under the guidelines

• Part 2– Discuss the 12 requirements for PCI Compliancy, and what solutions/tools DCRS can provide for you, to ensure your business is safe. (Stay tuned for Part 2 next week)

PART 1

PCI Compliance defined & translated

PCI (Payment Card Industry)-Originated in 2006 by the major payment card brands (Visa, MasterCard, American Express, Discover and JCB) to administer a set of requirements designed to ensure that all companies that process, store or transmit credit card information maintain a secure environment.

Does your business fall under PCI guidelines

Does it apply to my business: If your business (whether multi-million dollar corporation or “Joe’s Bar”) accepts credit/debit cards as form of payment, then you must adhere to these “best practices” guidelines for protecting that customers card information.

Translation: PCI is ever evolving so take the time to determine if your POS system and business practices are compliant with PCI. DCRS Solutions has a helpful section on our website to do so (https://dcrs.com/services/pci-data-security-standard-emv/) and to learn more please visit (https://www.pcisecuritystandards.org/).

Click Below to view PCI Security Standards

We hope this helps you understand the basics a little better, stay tuned for Part 2!