PCI Compliance Explained All Merchants

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Slide 1:

PCI Compliance Explained Pay ment Management Business Payment Solutions

What is PCI Compliance?:

What is PCI Compliance? PCI PCI- DSS P ayment C ard I ndustry D ata S ecurity S tandards

Payment Card Industry:

P ayment C ard I ndustry Visa MasterCard American Express Cards Used Around the World

Card Fraud:

Card Fraud Large AND Small Merchants Breeched – Cards stolen Card numbers stolen Used fraudulently Stealing goods and services Identity theft Costs of Breaches Forensic audit to determine the extent of the breach Replacement costs for cards to the card holders Restitution of losses due to improper use of cards

Data Security Standards:

Data Security Standards Data = card holder information Card number Expiration date CVV Code Personal information that can be associated with that Security is self explanatory Standards is self explanatory When we talk about PCI Data Security Standards, this is what we are talking about.

And…:

And… When we talk about PCI Compliance , we are talking about complying with those Standards.

Scope:

Scope Standards Implemented Maintained Tracked Mandated for every merchant around the world HOW? Processing Networks were told they had to handle this. They hired third-party companies to do just that. Having standards is not enough! Abu Dabi Zimbabwe

What are the Standards?:

What are the Standards? Here is the link for the home page of the Data Security Council which can be very informative if you want to poke around. https://www.pcisecuritystandards.org/merchants/index.php Bottom line: Card holder information must be secure and there must be structures in place to insure ongoing security. Do you have a working firewall on your computer? Is your virus protection up to date? Do you write down card numbers? Do you reuse them? Do you Shred them? Who has access to them? Technical Terms Legalese

What does it mean to you to be Compliant?:

What does it mean to you to be Compliant? Three elements to it: 1) You must use a compliant Terminal Either a Desktop terminal or Virtual terminal or both… 2) Your computer is secure Firewall? Viruses? Key logging software? Other malware? SCAN Issues? Certify FIX Yes No Last three years: OK Between 3-5 years: Maybe OK 5-10 Years: NOT OK Older than 10 Years: Likely OK Desktop Terminals: If yours was new …

What does it mean to you to be Compliant?:

What does it mean to you to be Compliant? 3) Your business practices re: credit cards are secure S elf A ssessment Q uestionnaire - SAQ Here is a link if you want to look at the questionnaire itself. https://www.pcisecuritystandards.org/merchants/self_assessment_form.php Your processor will give you access to the official questionnaire SAQ Issues? Certify FIX Yes No There is help available if you need it!

What Do You Do Next?:

What Do You Do Next? Check with your Processor: On your monthly statement, there is a 800 number for Merchant Support . If you call that number, they will tell you what the next step is for you. OR, call your sales representative. We are always happy to help.

Slide 12:

PCI Compliance is an important part of being a merchant these days. Make sure you are secure and confident about your business practices and that you keep your customer’s information safe. Thank you for your attention. Thank you

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