Achieving and maintaining Payment Card Industry Data Security Standard (PCI DSS) compliance from Nettitude, a member of the LR Group, helps ensure your organization’s cyber defenses are prepared against attacks intended to steal your organization’s credit or debit cardholder data.
What is PCI DSS?
PCI DSS is a set of requirements designed to continuously monitor controls to enable your organization to process card payments securely and reduce card fraud and is applicable to all organizations that accept, process, store or transmit payment card information.
The PCI DSS is the standard was created by all major credit card providers (American Express, Visa, Mastercard, Discover and JCB), and PCI DSS compliance is enforced by their acquiring banks or service providers. While PCI DSS compliance is not mandatory by law, merchants that do not comply may be subject to fines, card replacement costs, investigative audits and loss of brand reputation.
Benefits of PCI Compliance
- Mitigate security risks. Complying with the requirements of PCI DSS can help your organization implement controls that mitigate the risks of a data security breach and card fraud. The 12 requirements outlined in PCI DSS help organizations to implement sufficient controls to protect cardholder data.
- Brand reputation. PCI DSS compliance helps your organization to reduce the risk of a security breach, therefore protecting your brand from reputational loss should an incident occur and providing you with increased peace of mind.
- Client and stakeholder confidence. By following best practice, PCI compliance will directly increase your client or stakeholder’s confidence in your ability to protect their card details. It will differentiate you from the competition as they are more likely to choose you over a non-compliant organization.
- Reduction in costs. Becoming PCI compliant mitigates the risk of a security incident occurring and therefore reduces the likelihood of your organization receiving a fine. PCI compliance doesn’t completely eliminate the risk of a security breach, but it significantly reduces the possibility. If your organization is breached, being PCI compliant at the time of the breach will reduce the chance of your organization receiving a fine.
Why Choose Nettitude for PCI compliance?
PCI DSS compliance is delivered by award winning cyber security specialists, Nettitude, a member of the Lloyd’s Register group. Nettitude is one of the most experienced organizations in the world for PCI compliance consulting, auditing and pragmatic security solutions.
PCI DSS provides a framework for developing a robust data security process, representing a common set of industry tools and measurements to help ensure safe handling of sensitive information.
As a Qualified Security Assessor (QSA) company, Nettitude has been approved by the Security Standards Council (SSC) to measure an organization’s compliance to the PCI DSS standard. Providing PCI audit and certification services for organizations all around the world, Nettitude can assess both service providers and merchants to help them maintain compliance year on year.