Company seeks to educate both businesses and their consumers on the importance of meeting industry standards to avoid costly data breaches and fraud
E-Complish, a leading payment solutions provider, has launched a new infographic, entitled What Is PCI Compliance, as an educational tool for companies and consumers to learn the importance of PCI Compliance. The infographic aims to simplify the often intricate standards and best practices that comprise consumer data security into easily digestible content for businesses.
E-Complish’s infographic highlights the cost of data breaches, levels of compliance to which a company belongs, and, a key point for consumers, what threats a consumer’s data is vulnerable to when dealing with a non-compliant company.
“E-Complish was one of the first Level 1 Payment Processing companies in the world to achieve compliance under the new PCI Compliance version 3.0 standards, so we felt that it was natural to take the next step and help merchants understand the importance of meeting those standards,” said Stephen Price, CEO of E-Complish. “Our infographic provides companies with a basic – but key – education on consumer data security, what it means to be PCI Compliant, and what comprises the 12 Standards of security.”
PCI Compliance includes 12 Standards which protect credit card holders from fraud and data theft covering Network Security, Cardholder Data Protection, Vulnerability Management Programs, Strong Access Control Measures, Monitoring and Testing Networks and Information Security Policy. These standards are not fully understood or met by many companies, and as a result consumer data is at risk from data breaches carried out by average computer users to targeted attacks.
Companies have faced bank fines, penalties and lawsuits due to data breaches, with a majority (95%) of companies only meeting 3 of the 12 PCI standards in 2013. Compliance levels increase as a business processes more transactions, requiring them to ensure further consumer data security. Credit card fraud cost $11.27 billion worldwide in 2012, with 47% of fraud occurring in the United States. E-Complish seeks to educate the public and companies to make data security a priority as debit and credit card usage is seen as a safe alternative to carrying cash.
To view the infographic visit https://www.e-complish.com/blog/what-is-pci-compliance/
To learn more about E-Complish and PCI Compliance, visit https://www.e-complish.com/blog/e-complish-announces-pci-3-0-compliance-making-it-one-of-the-first-level-one-payment-processing-companies-in-the-world-to-achieve-this-level-of-certification/
E-Complish, LLC: Since 1998, E-Complish has helped businesses increase profit and communicate more efficiently with customers through its unique financial services, quickly becoming one of the nation’s most reliable and secure payment partners. For more information about E-Complish, please call (410) 779-4330 or visit https://www.e-complish.com.