With all the latest news about data breaches at K-mart, Home Depot, Target and other retailers, ecommerce merchants are more concerned than ever with protecting their customers. A data breach can be damaging not only to your business but ruin your brand image. Online retailers handle sensitive customer information like credit card information every day and it is mandatory that they become PCI Complaint.
The Payment Card Industry (PCI) is a set of requirements designed to make sure that all companies that process, store or transmit credit card information maintain a secure environment. The organization was founded by American Express, Discover Financial Services, JCB International, MasterCard, and Visa Inc. The PCI Data Security Standard specifies 12 requirements for compliance, organized into six groups; these 12 high level requirements have not changed since the inception of the standard.