PCI DSS Compliance Blog: All I want for Christmas is to be PCI Compliant

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12/21/2010

All I want for Christmas is to be PCI Compliant

Santa-credit-card The countdown continues, as January 1, 2011 quickly approaches. This is when version 2.0 of the PCI DSS and PA-DSS become effective, though validation against the previous version of the standard (1.2.1) is allowed until December 31, 2011. Companies have been taking the proper steps to become PCI compliant as the date nears, because the transition to version 2.0 will be a point of emphasis for 2011. Even though validation against the previous version of the standard will be allowed until December 31, 2011, the PCI SSC encourages organizations to transition to the updated version as soon as possible. From January 1, 2012 on, all assessments must be under the version 2.0 standards. 

Though the holiday season is a time to celebrate and spend time with loved ones, it is also a busy time of the year for merchants. Billions of dollars are spent as shoppers gather gifts and other holiday items in stores or online. Though this type of spending is great for businesses, it’s also a very attractive target for attackers to steal valuable card data. Do you know if your company is safe? With potentially thousands of credit cards at risk, knowing you are protected is important. 

Surely you are aware of the industry standard for credit card compliance that the PCI Security Standards Council put forth. Companies who have not met PCI compliance requirements have already been faced with fines or worse, the loss of the ability to process credit cards. These penalties can be potentially devastating to companies. 

Make sure your company is PCI compliant for the holidays. This can be the difference between a holiday season of cheer and one of security challenges. If you have any questions on what your company needs to do as the deadline for version 2.0 nears or just want to make sure that your credit card data is protected, please feel free to contact us.  

 

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