Compliance is hard: Industry regulations and control frameworks drive corporate policies, which are in turn putting the squeeze on resources to address procedures, technology, and people issues which impact these policies. PCI DSS in particular specifies 12 categories, covering requirements from process to policy to procedure to technology.
Non compliance is harder. These penalties eat into your bottom line in more ways than one. PCI DSS can not only impose a fine for non-compliance, but card issuers can increase transaction fees to merchants based on a failed audit.Consider that average transaction fees range from 2 to 9 percent, with high-risk merchants being charged on the higher end of this spectrum.This is not good for business.
This whitepaper covers essential guidelines for compliance with Payment Card Industry Data Security Standard (PCI DSS)
| Source | : | McAfee |
| Published | : | 01/12/2007 |
| Posted Date | : | 16/11/2009 |
| Pages | : | 13 |
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