PCI DSS Compliance
Is your business ready to meet the new PCI DSS Compliance standards? Businesses that accept credit cards for payments are required to meet the PCI DSS standards, yet many businesses do not know what those standards require. Worse, fines for businesses that do not comply with the standards are on the rise. Liabilities for losses also continue to shift towards businesses that are the weak links in security.
As a result, businesses that do not meet PCI DSS Compliance standards could face severe consequences in the years to come.
PCI DSS Compliance Simplified
You do not have to let PCI DSS Compliance overwhelm you. Astria Business Solutions is here to simplify the process. We can assist you in assessing your network security and in remediation of any weaknesses found. You can rest easy in your business’ compliance with Astria by your side.
Best Compliance Solutions
Astria offers you the best PCI DSS Compliance services. We provide you with custom-fit security and personal service because we know that your business is unique. That’s why Astria is your best ally for all your cyber security needs.
What is PCI DSS Compliance?
In 2006, many of the leading credit card service providers (like Visa and MasterCard) joined to form the Payment Card Industry Security Standards Council (PCI SSC). This new organization set out to make standards for how credit card data should be protected. To meet this goal, they created the Payment Card Industry Data Security Standard (PCI DSS).
The PCI DSS standards went on to create consistent, global data security measures that have improved customer data protection. Most businesses must meet PCI DSS Compliance so that customer data is defended and credit card fraud is reduced.
Who Must comply with PCI DSS?
The PCI DSS standards were written to be very inclusive, therefore it applies to many different businesses and organizations. The standards apply to anyone involved in processing payment cards. This includes:
- Service Providers
PCI DSS standards also apply to anyone who stores, processes, or transmits sensitive card-holder data, so that the standards can govern credit card security on every level.
Find out more:
What are the PCI DSS Security Requirements?
The PCI Security Standards Council lists summary of 12 compliance requirements. The checklist is as follows:
- Install and maintain a firewall configuration to protect cardholder data.
- Do not use vendor-supplied defaults for system passwords and other security parameters
- Protect stored cardholder data
- Encrypt transmission of cardholder data across open, public networks
- Use and regularly update anti-virus software
- Develop and maintain secure systems and applications
- Restrict access to cardholder data by business need-to-know
- Assign a unique ID to each person with computer access
- Restrict physical access to cardholder data
- Track and monitor all access to network resources and cardholder data
- Regularly test security systems and processes
- Maintain a policy that addresses information security
These 12 requirements are broken down into hundreds of sub-requirements, and are regularly adapting as the face of data security continues to change. But the overall process of PCI DSS Compliance can ultimately be simplified into a three step process.
Three Steps of PCI DSS Compliance
PCI DSS Compliance is not just a one-time event, it is a continual and ongoing process. You must achieve and maintain compliance so that your cyber security defenses hold up against attacks designed to steal cardholder data.
The three primary steps for PCI DSS Compliance are:
First, your business needs to regularly assess where you are in compliance. You must identify what cardholder card-holder data you store and how you store it. You will also need to take an inventory of your current IT resources and procedures for credit card processing so that you can analyze these proceedures for vulnerabilities.
Second, your assessments should always be followed by remediation. This means that any vulnerabilities that your business discovers need to be corrected. Holes in security need to be patched correctly and storage of sensitive card-holder data should be eliminated.
Finally, once your business has finished remediating any issues, proper reporting should be made to confirm your compliance. Reports need to be made quarterly, and could vary depending on what brands of credit cards your business carries.
After all three steps have been completed, the process should begin again. Compliance with PCI DSS is a process that must be adhered to consistently. But failure to comply with the standards could result in serious fines and the loss of your customers’ trust.
How Can My Business Meet PCI DSS Compliance?
Management of all of the PCI DSS requirements can be intimidating to many businesses, but Astria Business Solutions is your best ally in compliance. We are ready to assist you in development and implementation of payment card security standards to meet PCI DSS obligations, and can even perform additional vulnerability assessments to verify that your network is well secured.