4 Ways Your Organization Can Benefit From PCI DSS Compliance

It is your job as an organization to protect your customer data.

 

Do you know? Famous data violations where 56 million credit card information stolen from the depot house can be avoided through PCI DSS compliance.

 

Now the most important question of the clock is whether your organization takes the right steps to protect customer data? As a first step, your organization can meet PCI DSS needs.

 

PCI DSS is just the beginning and it does not cover all the aspects of your cyber security, the main focus is to protect the data holder data.

 

Then there is testing services such as vulnerability assessment and penetration testing, which will help protect your organization from cyber attacks. Even PCI DSS mandates penetration testing carried out by an annual organization.

 

Why do organizations do compliance testing?

Compliance testing, also known as conformity testing, is a non-functional testing technique used to ensure that your organization fulfills a series of specified standards.

 

There are several standards set by various organizations in the digital world to ensure a safe and safe business. PCI DSS is one of the standards established by the payment card industry.

 

PCI DSS compliance.

What is PCI DSS? What will happen to your business if you don't obey PCI? Is it obliged to be a compatience for PCI DSS?

 

PCI DSS is a payment card data security standard set to maintain a safe way to process credit card payments online by mandating security around the storage and transmission of data holders and reducing data theft.

 

This standard is not specific geography and is followed by organizations throughout the world.

 

PCI standards have 12 high-level requirements that must be followed by the organization to keep PCI obedient.

 

This fully decision of your organization does not comply with PCI compliance.

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But the consequences faced by the organization in the event of a violation, is a non-compliance fines, lawsuits, most importantly you will lose your reputation considering you have compromised your customer data.

 

Although there are many benefits, here we will see 4 main benefits for your organization to become PCI DSS compatients.

 

1 protection from security violations

According to the weekly computer, since 2010 it is not a single organization that is 100% in accordance with PCI DSS has faced security violations.

 

Getting PCI DSS compliant means you do your best to protect your organization from security violations.

 

PCI DSS sets a standard of security requirements that help the company identify what should be done and where to start with their security measures. This reduces the risk of security violations.

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2. Brand image

Do you provide your credit card information that it won't be safe? The same applies to your customers.

 

Your customers give you their card information and when they realize that you have compromised it, your brand image will throw.

 

Being Compliant PCI DSS means you are careful to maintain the security of your customer's data.

 

This will build trust and increase your customer's trust in your brand. This says that you are serious about security and take steps to protect payment information.

 

This will protect your brand image and peace of mind for you and your customers.

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3. Avoid expensive fine

PCI DSS compliance drastically reduces the possibility of being violated and possibly fined.

 

In events that are unfortunate violations, you do not only lose data but also face fines and lawsuits. If there is a violation and your company in accordance with PCI, the company will be given 'Safe Harbor' status that will save you from a decent fine.

 

If one of your customers decides to take you to court and demand you, the court will be soft considering you are in accordance with PCI DSS.

 

4. Favorable business

Customers will not know exactly what your organization does to protect their data.

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