PCI DSS Compliance is a mandate for every organization dealing with cardholder data.So, when it comes to your E-commerce business, you are expected to be compliant with the PCI Standards.When running an e-commerce store, the last thing you would want to deal with is a security breach and its legal implications.So, for those of you running an e-commerce business, you must take into account various security parameters for protecting your business against cybersecurity threats.You need to ensure that your business is PCI Compliant, with the website and payment gateway developed and designed securely.E-commerce website design is more than just looks.From the Compliance standpoint, you need to consider its functionality and also ensure that all the customer information passed from one party to another is secured.
As the COVID-19 pandemic continues to spread across the world, companies have embraced the new way of business operations.This includes allowing employees and stakeholders to work remotely.New government-mandated regulations and restrictions on the movement of individuals, has widely encouraged businesses to adopt remote working models.While this move has helped control the spread of pandemic situations largely, it has however led to a surge in cybercrimes like data breach/theft.With cybersecurity issues growing drastically, the PCI Security Standards Council was quick to recognize the crisis situation and the extraordinary circumstances that companies around the world are facing.To address the severity of the situation, PCI SSC issued a guideline detailing guidance for remote work.The issued guide stresses the need to maintain security practices to protect payment card data.
PCI DSS Compliance is a mandate for every organization dealing with cardholder data.So, when it comes to your E-commerce business, you are expected to be compliant with the PCI Standards.When running an e-commerce store, the last thing you would want to deal with is a security breach and its legal implications.So, for those of you running an e-commerce business, you must take into account various security parameters for protecting your business against cybersecurity threats.You need to ensure that your business is PCI Compliant, with the website and payment gateway developed and designed securely.E-commerce website design is more than just looks.From the Compliance standpoint, you need to consider its functionality and also ensure that all the customer information passed from one party to another is secured.Having said that it is important to note that, those of you who outsource the payment process to the third-party vendor still fall under the ambit of PCI Compliance.Although your scope of compliance may reduce due to the outsourcing of the payment process, you will still be responsible for the security of the payment process.In today’s, article we have provided a few tips and guidance that will help you in your efforts of achieving PCI DSS Compliance.Given below are certain elements or security parameters that you must consider for your e-commerce business.
How to tackle credit card fraud with PCI DSS compliance in UK.In today’s digital world, the new payment technology has brought along with it significant risk associated with credit card fraud.Over the years we have witnessed a huge spike in online payment frauds which has further led to huge amounts of losses for businesses and credit card companies in the UK.Every year nearly 70-80% of the people in the UK plan their holiday shopping online for the ease and convenience that it offers.  
PCI DSS Compliance is a standard that provides a well-curated set of requirements for merchants or service providers.Service and Merchants are expected to follow these requirements as a part of the Compliance process and defense against data breach or theft. 
More

Top