Know All About PCI DSS Compliance

The Payment Card Industry Data Security Standard (PCI DSS) refers to the security standards that ensure all organisations accepting, transmitting, storing, and processing credit card information have a secure environment. The Standard is managed and administered by the Payment Card Industry Security Standards Council (PCI SSC), an independent body formed by the major card brands, namely JCB, MasterCard, Visa, Discover, and American Express.

PCI DSS compliance in Australia applies to all merchants processing or transmitting credit card data, regardless of their business type or size and is designed to protect both the merchant and customer, from any data breach. If your business accepts and processes card payments, it’s important you are meeting the PCI DSS compliance requirements in Australia. A convenient way to ensure this, is to hire a certified PCI DSS Qualified Security Assessor (QSA), whose knowledge and expertise can easily help identify any compliance gaps and minimise your overall business risk.

Compliance is not a one-time commitment. It’s a continuous process that delivers the robust structure your business needs, to protect customer data on an ongoing basis. Maintaining compliance not only strengthens your business, it also provides the following benefits:

●        Evidence of your commitment in providing an enhanced and secure shopping experience each and every time, proving the protection of your customers’ data is paramount.

●        Customer confidence in your business and it’s processes, through your ability to safeguard their data at all costs. This boosts business reputation and separates you from the competition. Your customers can trust you.

●        Credit card companies and banks take PCI DSS compliance very seriously in Australia. Organisations that are compliant, and capable of securing their payment gateways and merchant accounts, are more likely to be considered as preferred partners.

Working with a QSA when determining your company’s PCI DSS compliance in Australia, guarantees a thorough assessment of your current environment against a reliable data security standard for the payment card industry, along with a custom remediation plan to execute the necessary activities that will heighten your security, and allow you to attain compliance and certify your business.


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