Monthly Archives: December 2016

The benefits of PCI consultancy for your business

No matter what type of business you operate, if you take card payments, you cannot afford to overlook the importance of PCI DSS. It does not matter whether you take one card payment or one thousand, or if you accept one type of card or the full range of debit and credit cards, PCI DSS is something you need to adhere to. Failure to do so could result in devastating consequences for your business, including hefty fines and a damaged reputation. Below, we take a look at the reasons to consider expert PCI consultancy for your business.

Make sure you get PCI DSS right

There is only one place to begin, and this is with the fact that you will have the peace of mind that your business is PCI compliant. So many businesses assume that they comply with PCI DSS, when, in fact, they don’t. This is because PCI DSS is a confusing field, and it is somewhat of a grey area. There is so much that needs to be addressed as well. PCI DSS consists of 12 requirements, and within each requirement, there is another set of rules you need to follow. If you do not have experience in payment security and you have not studied PCI DSS extensively, you will not be able to ensure your business is compliant. It is best to leave this to the experts.

Save your company time

Fulfilling PCI DSS requirements can take a lot of time. As mentioned in the previous paragraph, there is a lot to consider and a lot of requirements that need to be fulfilled. Not only this, but PCI DSS never sits still. You don’t simply achieve compliance and forget about it. You need to constantly work to make sure you are compliant.

Save your business money

The main reason why so many business owners overlook PCI consultancy is because they see it as an unnecessary expense. However, by investing in this service you can save a considerable amount of cash in the long run. There are two reasons why this is the case. Firstly, your business will be protected from a data breach and you will be fully compliant. This means that you can avoid all of the expense that comes with a breach, from compensation expenses to the cost of fixing the security vulnerability. Moreover, by investing in security now, you can save yourself money in the future. You will have a solid security strategy in place that will protect your business and helps you to work more efficiently.

As you can see, there are many benefits associated with PCI DSS. Ultimately, you can be certain that you will achieve PCI compliance and you will have the greatest defence in place to avoid the possibility of a breach.