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This 2 page Document was uploaded by an elite notetaker on Monday December 21, 2015. The Document belongs to a course at a university taught by a professor in Fall. Since its upload, it has received 8 views.
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Date Created: 12/21/15
PCI Compliance Hacking in online business industry raised an alarm towards security of credit card holder's information, bringing PCI compliance into action. PCI compliance is a set of rules introduced by PCI Security Standards council to protect credit card holder's complete information from being stolen. For any online business with credit card as mode of payment it is not only essential but also a need to comply with the set of rules under PCI compliance to protect the credit card data of their consumers along with maintaining security of their websites. This not only helps in preventing credit card fraud but also huge losses caused of such frauds. Sometimes business owners do not go for PCI compliance system and also forget about the existence of outside vulnerabilities that can harm & even destroy their business, in the excitement of running an online business. Hence it is essential for them to keep their customers credit card information safe by having a PCI complaint system else they could end up paying heavy fines due to their negligence. Online Business websites have to undergo a quarterly test to be passed for pci dss as per PCI Compliance regulations. An Approved Scanning Vendor (ASV) runs few thousand security tests on the website for identifying potential virus threats and fixing them in order to keep its PCI Compliant status. Once the website is through from this test a PCI compliance report is received stating its PCI compliant status which could be further used for marketing the website by the business owner. As business owners are more interested in favoring their customers hence by all means they prefer to protect their information. It is always expected by any customer visiting any online business site that their personal information is protected and is safe from being exposed to hackers. Business owners are therefore recommended to have their business system PCI Compliant and if they have it along with a web seal then it is much more appreciated. Having a web seal along with PCI compliancy helps in increasing customer's faith towards such business systems resulting into increase in customer access and rising business.
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