The Top Network Security Myths and the Stats that Bust Them Open

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The Top Network Security Myths and the Stats that Bust Them Open

Let’s take a look at a big myth associated with credit card security—PCI DDS compliance only applies to large companies—as we continue our quest to bust open the top network security myths.

Network Security Infographic 2

According to the PCI Security Standards Council, if your business registers one credit card transaction or six million, you must be compliant with Payment Card Industry Data Security Standards (PCI DSS).

The truth is that the majority of organizations have some form of commerce associated with them—whether you’re a retailer, hospital, or private contractor. According to the PCI Security Standards Council, if your business registers one credit card transaction or six million, you must be compliant with Payment Card Industry Data Security Standards (PCI DSS).

In 2011, PCI standards were revised to help better protect the consumer. Now, if your business has a merchant ID, then you must be compliant with PCI DSS regulations. If it’s not, your business can face penalties of up to $100,000 for each violation.

The infographic featured in this post debunks the common myth that PCI DSS compliance is only for larger businesses and reinforces both the complexity and necessity for all relevant organizations to comply.

We use credit cards for more than just retail purchases. We use them to pay bills online, register for events, and even to pay individuals for services. In a society where people freely use payment cards in lieu of cash, accountability for that information is critical.

If your business has, or is aiming to adopt a security information management (SIM) system to accept credit card payments from customers, Windstream can help you meet the more than 200 required components to meet industry standards.

For a little more insight into PCI compliance, see Ensuring PCI Compliance in a Malicious World.

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