Wanting to secure cardholder data is a given if you're a service provider or retailer who accepts credit and debit card payments. PCI DSS gives you a robust framework to follow, but with four different levels of compliance and over 300 sub-requirements in the Payment Card Industry Data Security Standards, you don't want to get stuck trying to meet these information security controls with checklists and spreadsheets.
With Securicy, you'll identify critical security considerations, streamline tasks, save your team time, and rest easier knowing you've improved your security posture.
PCI DSS best practices demand you meet the over 300 sub-requirements across the 12 primary controls outlined in the standard. Get started toward PCI compliance quickly by using the Securicy platform to auto-generate a complete set of tailored policies — and associated tasks — you need to follow when accepting payment cards.
Automatically generate the practical, technical tasks required for PCI compliance with your customized Implementation Plan. Save countless hours of project management time by having Securicy identify the security issues to remediate, critical action items, policy acceptance, and next steps. Whether you need Level One or Level Four compliance, with Implementation Plan as your step-by-step PCI DSS guide, you won’t miss a thing.
Eliminate hours wasted on managing, exporting, emailing, and updating spreadsheets to prove compliance. Save time on your self-assessment or an audit by a Qualified Security Assessor (QSA) while using Securicy’s Evidence Collection and Audit Connect. Now you can save time and securely share your policies, tasks, controls, and files with authorized customers, prospects, or auditors. Less time answering vendor security questionnaires and showcasing compliance for customers too? That’s a win.
Security requires ongoing work and attention, which is easier when you use Securicy to keep track of reoccurring tasks, security awareness training, or annual compliance requirements. With penetration tests and PCI-approved vulnerability scan reports from Securicy, you not only have those requirements covered, you’re able to identify new vulnerabilities.
The Payment Card Industry Data Security Standard is a set of requirements for all businesses that handle payment card transactions. It provides a baseline of requirements designed to protect cardholder data from theft and disclosure. This is a global standard officially established in 2006 by the major credit card brands and is officially managed by the PCI Security Standards Council.
PCI DSS applies to all businesses (referred to as “merchants”) that handle the storing, processing, or transmitting of cardholder data. Compliance requirements differ depending on a number of factors such as transaction volume, but all organizations that handle payment card transactions regardless of size absolutely must comply with the primary requirements of working with the major credit card brands.
Qualified Security Assessors are independent companies that are qualified by the Security Standards Council to validate an entity’s adherence to PCI DSS. They perform audits and assessments of an organization in line with the requirements of PCI DSS. While Securicy is not a QSA, we save you time and help ensure your business will meet the PCI requirements.
A Self Assessment Questionnaire is your statement of PCI compliance, which shows that you’re taking the security measures necessary to keep cardholder data safe. It is a validation tool to demonstrate compliance with PCI requirements.
Annually, level 1 and level 2 merchants must be audited for PCI compliance while level 3 and level 4 merchants must submit a self-assessment questionnaire. Be prepared to undergo an annual audit regardless of what level you are if you have ever experienced a data breach.
PCI compliance is enforced by a merchant’s acquiring bank, which processes credit cards on behalf of the merchant. There are numerous consequences associated with noncompliance including lawsuits but the fines through PCI DSS range from $5,000 to $100,000 per month until compliance is achieved. Banks may increase transaction fees, and you can also have your ability to process payment cards revoked until you become PCI DSS compliant.
The Securicy platform gives you a clear roadmap and all the tools you need to get to your PCI destination. If you’re ready to get started, chat with us so we can show you how it works.Book a Demo
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