Survey: Most organizations accepting credit cards don't maintain PCI security standards

Verizon study shows companies fail to comply with Payment Card Industry standards

In the wake of several recent security breaches at major department stores, a new study by telecom giant Verizon shows the need for organizations to comply with Payment Card Industry (PCI) security standards is more important than ever as payment card data becomes more valuable.

What are PCI security standards? They are international standards created and maintained by the PCI Security Standards Council (SSC), which represents major global card brands, to verify that merchants and service providers are appropriately protecting cardholder data. While PCI security standards are not enforced by the law, except in just a handful of states, businesses often comply through the terms of the business contract with the merchant.

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Alexis Harrison

Alexis Harrison is a Connecticut-based writer and public relations professional whose career spans both print journalism and broadcast news. Alexis started her professional life as...

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