PCI compliance guide published

London, UK – May 30, 2007 – Businesses that rely on payment by credit cards are required to comply with the PCI security standards by September 2007. Non compliance could result in loss of merchant account, severe fines and lawsuits. In view of these new regulations, Acunetix has published a PCI Compliance Guide to help companies understand the concept behind the Payment Card Industry as well as documenting the steps needed to reach compliance.

What is PCI compliance?

PCI Compliance is a structured security checklist which aims at securing financial data, and helps to distinguish the secure and reliable businesses from the risky ones. The Payment Card Industry Data Security Standard was created in a joint effort by the major credit card companies: American Express, Visa, MasterCard and Discover to monitor and develop the PCI standard. Consumers who use credit/debit cards online to purchase products or services risk suffering financial losses when businesses process their transactions through systems which are not secure. The PCI standard aims to stop the cause of online financial and identity theft from its source by ensuring the systems which process and store customer details are secure.

For more info, read the whole article here.