Are Your Vendors PCI Compliant? Visa, who has always been the strictest association regarding PCI compliance, data security, and cardholder protection, has set the pace again. Merchants who accept multiple card types are required to follow the strictest card operating guidelines to become PCI compliant which usually come from Visa. They issued series of mandates […]
PCI Compliance is Coming Soon June 2018 SSL encryption is a standard encryption method used for decades. A vulnerability named POODLE has been detected within SSL and is no longer PCI compliant. POODLE (Padding Oracle On Downgraded Legacy Encryption) is a vulnerability in SSL that could allow a hacker to extract data from secure online […]
In Part I, I discussed the importance of PCI compliance, consequences of non-compliance and the effect of account termination on a merchant. Part II will discuss the basics of PCI compliance responsibility and how merchants can avoid fines and account termination. Who is Responsible for PCI Compliance? In order to be PCI compliant, all acquirers, […]
Having a merchant account comes with responsibility. While a merchant may be concerned with revenue and how to grow its business, payment card industry (PCI) compliance should be at the top of the list as well. The main purpose of PCI compliance is data security, which applies to any party involved in processing credit card […]
The Payment Card Industry Security Standards Council is always creating new and effective versions of PCI DSS. The most recent of such compliance standards is version 1.2 which has 12 requirements for enhancing payment account security. These requirements are designed to address a broad range of data security, from software design to policies and procedures. Version […]
