White Papers for Federal Financial Institutions Examination Council (FFIEC)

PCI: How to Safeguard Customer Data Against Real Threats

Net Forensics

Related White Papers in:
Compliance
- PCI

You know - all merchants and service providers that store, process, or transmit credit card data must comply with the Payment Card Industry (PCI) Data Security Standards (DSS) mandates.
Did you know?
• Acquirers will be fined $5,000 to $25,000 a month for each merchant who does not validate PCI compliance.
• Other key stakeholders, such as payment gateways, card vendors, and payment application vendors may be required to follow security guidelines in the near future.
• An estimated 78 percent of consumers will stop shopping where a breach occurs.
• The all-in-cost of a fraudulent or erroneous data breach can range from $182 to $350 per data record.
• Most merchants will be faced with the possibility of bankruptcy, if they do not have appropriate data security practices.

Compliance with PCI demands that you continuously monitor and manage the cardholder data environment - demonstrating a proactive approach to combating data breaches and attacks.

Recognized best practices and SIM technology solutions for enabling compliance—mandated for your organization—are summarized in a timely white paper, "PCI: How to Safeguard Customer Data Against Real Threats".

View the White Paper

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