Are you PCI compliant? Are you ready for June 2008?
Data security requirements are now a permanent feature of retailers’ compliance obligations. The Payment Card Industry Data Security Standard was designed to protect the privacy of customers, as well as payment card and merchant data. However, meeting PCI requirements has proved to be a challenge for many retailers. To help address this, Cisco offers the Cisco PCI Solution for Retail—a set of audited architectures that support secure transport for point of sale traffic, such as credit card data, cardholder information, transaction logs, and database records. The Cisco PCI Solution for Retail helps retailers meet their PCI compliance requirements while minimising infrastructure complexity and simplifying integration with retail applications.
Introduction
The Payment Card Industry (PCI) Data Security Standard (DSS) was designed to ensure the security of cardholder data and information—at the point of sale (POS), in transit, and at rest. The standard affects any company that stores, processes, or transmits credit card information. This means that the PCI standard affects all retailers.
The Risks of Non compliance
Merchants who fail to comply with PCI security standards face serious consequences. They may be fined, and repeated non compliance may result in the retailer losing its card processing privileges, which can cripple a business. Consequences are severe because of the high risk associated with compromised data. Security breaches have resulted in lawsuits, which can damage the company’s brand and lead to financial losses. On the other hand, companies that can demonstrate compliance with the PCI standard and prove that they are good custodians of customer data have the opportunity to build solid customer loyalty.
Understand the elements of the Cisco PCI Retail solution
PCI DSS Document Overview
ANS Group and Cisco want to help you to ensure your organisation is compliant. Although we do not carry out the audit, we will undergo a full scoping exercise and provide you with a detailed breakdown of each of the 12 points and highlight whether your current set up would meet PCI compliancy.
Example PCI Scoping Report
To gain a further understanding of what the PCI DDS is and how ANS Group can help please call 0161 277 1000.