PCI DSS Compliant Hosting
What is PCI DSS?Payment Card Industry Data Security Standard, or PCI DSS is a comprehensive set of requirements designed to secure and protect customer payment account data. In response to the increasing threat of data theft and online fraud as well as the mounting millions of stolen customer card records, the card payment industry was forced to take action. To secure customer data and confidence, card payment companies joined forces to create the PCI DSS standard. The standard features 12 requirements that aim to safeguard sensitive card data across the card payment industry. Why do I need PCI DSS?PCI DSS applies to you and your business if you are involved in storing, processing or transmitting any form of cardholder data. What's more, the standard doesn't just apply to storing data electronically. It also covers manual data processing and storage. As PCI DSS covers your entire trading environment, all third-party partners that store, process or transmit data must also comply. This means you can only achieve full compliance when your third-party partners comply. When do I need to be PCI DSS compliant?It is advised that you achieve PCI DSS compliance for your company as soon as possible, particularly if you do not want to face non-compliance fines, compromise fines, or potentially unlimited fraud costs. Many of the merchant account providers such as Barclaycard must report to the card schemes such as VISA and MasterCard to inform them of the status of their merchants' compliance with PCI DSS. From these reports, the card schemes then select individual merchants to investigate. If they find fault with a merchant's compliance, they will levy non-compliance fines. The risks don't end there however. You could also face compromise fines and potentially unlimited fraud costs. That is why merchants should view PCI DSS compliance as an insurance policy, protecting them from the financial costs of failing to secure card data. Furthermore, working towards compliance will help you improve your processes and operate more securely. What Quantum can do for youQuantum takes its responsibility to provide its clients with the highest possible standard of website hosting extremely seriously. We have been providing PCI DSS compliant hosting as standard since April 2009, far in advance of many of our competitors, some of who still do not supply such a service, let alone as standard. We also include your first 12 months of PCI DSS compliant hosting in your website price. For more information on PCI DSS compliant hosting, please contact us.
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