Why is PCI Compliance Important?

PCI Compliance

Learn what it means to be a part of the Payment Card Industry

Why is PCI Compliance Important?

PCI Compliance is important to us all. As data breaches increase each year, it is imperative that both, merchant and customer alike, perform due diligence to ensure they are not enabling cybercriminal activity. Data breaches result in increased global economic debt and costs of doing business for all us. For many SMB organizations a data breach can mean the loss of revenue, brand reputation and in many cases the loss of the business altogether due to all associated costs.

Fact: 3 out of 4 data breaches involve SMB organizations

Meeting and maintaining PCI compliance standards for your organization will benefit you in many ways. Through the PCI compliance process you organization is better educated and equipped with a strong data security foundation. You will learn best practices (based on how you handle and process cardholder data) to ensure you are not the easy target that cybercriminals are looking for. Becoming PCI compliant demonstrates to your commitment to protect your customers from identity theft and fraud. Perhaps more important than that, PCI compliance is a demonstration of your commitment as a business owner to protect your investments, hard work and brand reputation.

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