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The Payment Card Industry Data Security Standard is a detailed series of 130+ requirements that anyone who stores or transfers credit card data has to comply with. However due to the protection it offers, the PCI DSS is fast becoming a security standard for all sensitive data that needs to be protected. The goal of the standard is to ensure security of data in transit and at rest while ensuring compliance is maintained. While the major credit card companies are aggressively fining merchants who do not comply and can even revoke card payment privileges, the cost of a breach is known to be significantly more expensive due to the loss in consumer confidence, drops in share value, the costs of repairing the breach, exposure to possible lawsuits and the increased level of Federal and State oversight. This paper outlines step by step how GlobalSCAPE High Security PCI solution can help you set up a PCI compliant site for your data transfers. |
