The Payment Card Industry Data Security Standard (PCI DSS) is a global standard adopted by companies that collect, process or transmit payment card data. The purpose of following this standard is to ensure that the companies handling this data are ensuring sufficient controls are in place to prevent loss of this data by accident or through a security breach.

Whether a company is large or small, in terms of the number of transactions that it carries out per year, it still needs to comply with the PCI DSS. With the advent of payment processing companies, many small businesses have now outsourced payment processing. Yet, since the data is being transmitted over their servers, they still need to ensure PCI DSS compliance. There are multiple levels of compliance and the number of transactions you carry out per year will determine which level of compliance you need to show.

If you are unsure about how you can get demonstrate this compliance to your clients, then SOC Assurance can help you do so. Our team of certified Qualified Security Assessors (QSA) can conduct a review of your IT infrastructure, organizational policies and other internal controls to determine if your organization complies with the PCI Standards. If required, our QSA will then recommend remediation that may be required to ensure compliance. Once this is completed, you may proceed to Self-Assessment Questionnaire (SAQ) to demonstrate the compliance or undergo a vulnerability scan to check for data breaches.

Upon successful completion of remediation, SOC Assurance can also help you with a report on Compliance (ROC) that can be shared with your potential clients/ card issuing companies. A small business may need to spend more resources to show a minimal level of compliance as compared to a big one. However, this would still be a still good investment of resources since non-compliance tp PCI DSS can be a major risk for your business.

If you would like to know how we investigate possible vulnerabilities in your network, kindly visit our Penetration Testing page for more information.