PCI compliance is a very important issue. The Payment Card Industry Data Security Standard (PCI DSS) takes the responsibility to protect the important information, like the number of credit cards and so many others.
Also, in case, you wish or plan to handle the payment card in the future, your company needs to agree with the PCI DSS. Unfortunately, if the PCI fails, it can impose some restrictions on your company’s handling of several important data.
Passing a PCI audit ensures that your company fulfills the requirements of the current and regular consumers. This will surely make your business one step ahead of others. Apart from that, the PCI DSS audit also assures that you have the systems in order to secure the data of your consumers.
However, in case the PCI DSS audit is not required for your organization, still, potential customers might ask about PCI compliance. Hence, knowing everything about the PCI compliance can provide your organization with a competitive benefit in the market.
What is PCI Compliance?
In the year 2004, the Payment Card Industry Data Security Standard (PCI DSS) was introduced in order to encounter the credit card scam. Moreover, the PCI DSS audit fulfills the technical and operational requirements and effectively protects the account data.
The PCI Security Standards Council (SSC) offers consistent data security control for the secure payment environment. Most of the organizations hire an expert. Now, if you think you are a PCI compliance expert and have a job interview coming up, then thoroughly look at the rest of the guide as here you will get to know how to answer the PCI compliant manager questionnaire.
Do Shared Hosting Providers Require PCI Compliance?
A shared host can connect hundreds of host websites on one server. Each hosting provider should follow PCI compliance. However, some particular rules do not apply to the shared hosts. Still, by using the SSL certificates and firewalls, the hosting providers can protect their important data.
What is the PCI Compliance Manager?
The Payment Card Industry Data Security Standard manager is a PCI SSC certified auditor. In addition, he/She can also be a member of the independent security organization that has been certified by the PCI SSC in order to access the companies for PCI compliance.
Who should follow the PCI Compliance to Protect the Consumers?
All the organizations, as well as the merchants who use the credit card transaction, should follow the PCI DSS audit.
How do you know whether the PCI DSS Applies to you?
Most of the organizations involved in the payment card procedure. It includes issuers, service providers, and merchants. Now, the requirements of the compliance vary on multiple things. For example, an organization’s annual transactions, amount, and so on.
The Payment Card Industry Data Security Standard makes sure that every consumer’s personal information is protected. Also, it secures the transactions by using a merchant ID. This ID also connects a store with the PCI report.
How many levels does PCI Compliance Consist of?
Usually, there are four levels of PCI compliance. The first one is for the merchant who uses the credit card transaction for purchasing an item. The other three levels are for the high volume merchant who takes over millions of transactions in a year.
How the Merchant’s Level is Changed?
In case, the dealer gets hacked, the risk level is changed to make sure that the hack is fixed as well as to protect the consumer’s credit card number in the future.
In case an Organization uses the Third-Party Transaction, can it still Responsible for the user data?
The answer is yes, any organization no matter whether it uses third-party transactions or not. If they are using the private credit card number of the customer, they are responsible for the user data under the PCI compliance.
Does the PCI DCC Audit need Encryption?
Obviously, you should encrypt the data which is sent from the local point of the sale machine to the credit card processing establishment. Apart from this, the dealer must encrypt the data while proceeding across the network at the given time.
Is the PCI Compliance only used for the Credit Card Transactions?
Fortunately, the answer is no. The PCI compliance also used to hide the data even in case it is over the local network. Encryption is necessary to protect private information from hackers.
For Internet Stores, is SSL the only Requirement?
Well, SSL is only one of the requirements. However, the dealers are also responsible for encrypting all the information across the network. Besides, the merchants should store other necessary information. For example, store the credit card number in the encrypted field within the database.
If you know the answer to the above questions related to PCI compliance, it will surely assist you to deal with crucial issues relating to PCI DCC audit and many important aspects related to credit card payments and transactions. If there are still some qualms that you need to settle, you can check out the official website of International Payment Solutions for the ultimate outcome.