Protecting payment card information is important for a variety of organizations such as retailers, financial services companies, healthcare providers, transportation companies, the food and hospitality industry, and payment service providers.
An organization that processes, stores or transmits payment card data is required to comply with the Payment Card Industry Data Security Standard (PCI DSS). Organizations that can affect the security of payment card information, such as outsourced service providers must also comply with these standards. However, meeting PCI compliance standards can be time-consuming and expensive, especially for smaller organizations with budget constraints. You need real solutions by real people at a reasonable cost. Let TruShield help put together the pieces of the PCI puzzle for you.
The Cost of Ignoring the Standards
The consequences of PCI noncompliance can come in the form of severe penalties ranging from $5,000 to $500,000, imposed by the credit card institutions and banks supporting the system. Upon further examination by the financial institutions involved, additional fines can be issued which only further amplifies the detrimental price of noncompliance: and the negative consequences of noncompliance doesn’t end there. Revoked ability to process payment cards, increased risk of a breach, additional fines for cardholder data that is compromised, possible civil litigation from customers of a breach, damaged business reputation, reduced future sales… With an extensive list like this, most organizations can’t afford to be noncompliant.
Let Us Clarify Compliance
Every organization is unique, and criminals are targeting different information sources to get what they want. At TruShield, we are always a step ahead, learning everything we can about current and potential threats, and the latest approach criminals are using to access steal credit card data. We understand there are a lot of moving parts and various configurations for how any organization can structure their payment system. A one-size-fits-all solution is not going to work. To help alleviate the pain points associated with compliance, TruShield offers a variety of services to help you on your way, including:
- PCI DSS Self-Assessment Questionnaire Assistance
- PCI DSS Audit Readiness
- PCI DSS Scoping Evaluation
- PCI DSS Technical Evaluation
- PCI DSS QSA Assessment (for Level 1 merchants)
- PCI DSS Policy Development
- PCI DSS Policy Reviews
Comrade in Compliance
Take the first step towards compliance with an easier solution. Mitigate risks and strengthen your organization’s security posture by getting in touch with us. Let TruShield help put together the pieces of the PCI puzzle for you so you can focus on what you do best, your business.
Contact a TruShield compliance professional today!
Call us: 877.583.2841