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PCI Compliance FAQ

Does PCI Apply to my Organization?

What are the Benefits of Compliance?

 

1. Does PCI Apply to my Organization?

a. There are several different categories to PCI DSS compliance, however if you handle credit cards or a component of the data processing more than likely you have to comply with PCI DSS.  Additionally if you are a service provider for organizations that take credit card information it is likely that you are a Tier 1 PCI vendor and require an annual Report On Compliance (ROC) that is performed by a Qualified Security Assessor.

 

2. What are the Benefits of Compliance?

a. PCI DSS compliance is not an optional initiative, but required and enforced through credit card agencies.  Complying with PCI DSS help organizations with the following:

i.    Avoid large fines and penalties

ii.    Reduce threat of a reputation disaster from a privacy breach

iii.    Understand your organizations risk.

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