PCI compliance & remediation

healthcare

The threat to personal and financial information is more profound than ever, and the number one target for criminal activity is financial institutions. Financial institutions are compelled to take measures to protect customer and financial data against hacking attacks.

If your organization stores, processes or transmits credit card information, then you need to be PCI DSS compliant.

Theft of credit card information is on the rise, leaving businesses faced with mounting legal, remediation, and recovery costs. As a result, all entities that handle credit cardholder information are being challenged to adopt more effective data protection measures.

PCI Compliance

The Payment Card Industry (PCI) Data security Standard (DSS) was created to confront the rising threat to credit cardholder personal information. The PCI DSS consists of the PCI Compliance Principles and Requirements for securing credit cardholder data in both hardcopy and electronic formats. The PCI DSS has been adopted by companies in the credit card industry as the global standard for the protection of customer information. The PCI Security Standards Council (SSC) owns, develops, maintains and distributes the PCI DSS, in addition to providing oversight for the Approved Scanning Vendor program that certifies companies as Approved Scanning Vendors (ASV).

Who needs to be PCI compliant?

As a global standard, the PCI DSS applies to any entity worldwide that stores, processes or transmits credit Cardholder data. This includes financial institutions, merchants and service providers in all payment channels.

Penalties for non-compliance

Entities that fail to comply with the PCI standards can be fined up to $500,000 for each instance of non-compliance, in addition to having their ability to process credit card transactions revoked. Even with these penalties as a deterrent, those handling payment cardholder data are finding it challenging to meet their PCI standard without outside help from security experts with experience in helping similar organizations to complete the PCI compliance audit process.

How We Can Help

Our PCI Compliance Solutions meet the data security standards required to achieve PCI compliance while also providing sound vulnerability management practices as part of a comprehensive security program designed to Protect your credit cardholder data from intruders.

We help you comply with PCI DSS Requirements through:

  • PCI DSS Compliance Risk and Readiness Assessments
  • Network Vulnerability Assessments and Penetration Testing
  • PCI Quarterly Scan

Additional Information

If you would like additional information on Services/Industries Solutions or other ABMCG solutions or services, please contact us