{"id":5586,"date":"2020-05-01T10:06:11","date_gmt":"2020-05-01T10:06:11","guid":{"rendered":"https:\/\/lgca.uk\/?p=5586"},"modified":"2020-05-18T06:28:15","modified_gmt":"2020-05-18T06:28:15","slug":"why-pci-compliance-is-a-must","status":"publish","type":"post","link":"https:\/\/lgca.uk\/el\/why-pci-compliance-is-a-must\/","title":{"rendered":"Why PCI Compliance is a Must"},"content":{"rendered":"

Why PCI Compliance is a Must<\/strong><\/h4>\n

Given the payment industry\u2019s susceptibility to fraud and the global spike of non-cash transactions triggered by the COVID-19 crisis, there is a pressing demand for enhanced security of payment account data.<\/p>\n

The need to operate within a compliance framework is becoming crucial for sellers and buyers, and the framework set up by the PCI Security Standard Council<\/strong>, a \u201cglobal forum that brings together payments industry stakeholders to develop and drive adoption of data security standards and resources for safe payments worldwide\u201d, founded in 2006 by industry\u2019s giants Visa, MasterCard, American Express, Discover and JCB International, seems to be ideal.<\/p>\n

\"\"<\/p>\n

PCI Security Standard Council believes its duty is to develop and monitor \u201cglobal payment account data security by developing standards and supporting services that drive education, awareness, and effective implementation by stakeholders\u201d.  PCI provides 12-step payment standards that cover, amongst other, network security, data protection, access control, software vulnerability, monitoring and information security policy, categorising participating merchants into four levels depending upon their annual transaction volume, with a separate set of regulations for each level.<\/p>\n

What does this mean for you?<\/strong><\/h4>\n

If you deal in any way with non-cash payments involving Visa, MasterCard, American Express, Discover or JCB payment cards, then \u2013 you must be PCI compliant.<\/p>\n

Although not required by law, compliance with PCI SSC standards will, first and foremost, help you avoid fines levied by these payment systems on non-compliant merchants. Secondly, your company\u2019s PCI compliance will greatly contribute to a more organised and safer business environment. Thirdly and most importantly, following PCI SSC standards will enhance your own system\u2019s security, thus increasing customers\u2019 trust and safeguarding you from possible losses and lawsuits arising from security breaches and stolen data.<\/p>\n

Join LGCA PCI Compliance <\/strong>self-paced courses and get an LGCA Certificate of Completion: <\/h4>\n
LGCA PCI Compliance Security Awareness Training – Level I<\/span><\/a><\/span><\/h5>\n
LGCA PCI Compliance Security Awareness Training – Level II<\/span><\/a><\/span><\/h5>\n
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Why PCI Compliance is a Must Given the payment industry\u2019s susceptibility to fraud and the global spike of non-cash transactions triggered by the COVID-19 crisis, there is a pressing demand for enhanced security of payment account data. The need to operate within a compliance framework is becoming crucial for sellers and buyers, and the framework […]<\/p>","protected":false},"author":1,"featured_media":5588,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","inline_featured_image":false},"categories":[55],"tags":[],"_links":{"self":[{"href":"https:\/\/lgca.uk\/el\/wp-json\/wp\/v2\/posts\/5586"}],"collection":[{"href":"https:\/\/lgca.uk\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lgca.uk\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lgca.uk\/el\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lgca.uk\/el\/wp-json\/wp\/v2\/comments?post=5586"}],"version-history":[{"count":0,"href":"https:\/\/lgca.uk\/el\/wp-json\/wp\/v2\/posts\/5586\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lgca.uk\/el\/wp-json\/wp\/v2\/media\/5588"}],"wp:attachment":[{"href":"https:\/\/lgca.uk\/el\/wp-json\/wp\/v2\/media?parent=5586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lgca.uk\/el\/wp-json\/wp\/v2\/categories?post=5586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lgca.uk\/el\/wp-json\/wp\/v2\/tags?post=5586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}