It comes as no surprise that credit card theft is on the rise. Data theft is constantly grabbing news headlines and PCI Compliance is important now more than ever! Well, what is PCI Compliance? The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements designed to ensure that ALL companies that process, store or transmit credit card information maintain a secure environment.
Small businesses are especially vulnerable to data theft because they are less likely to be up to date with PCI Compliance standards. Here are just a few ways that you can protect your small business from data theft and work towards maintaining PCI Compliance.
1. Use a strong password- Weak passwords are easily hacked and provide thieves with easy access to your point-of-sale information. Make sure that your password contains both upper and lowercase letters, as well as numbers and special characters.
2. Properly dispose of vulnerable information-Shred all paper that contains sensitive data and wipe the contents of computers before disposal to ensure that the information doesn’t end up in the wrong hands.
3. Encrypt sensitive data- Using PA-DSS certified solutions like Nodus’ PayFabric solution helps prevent data theft by removing data from your company environment and putting it into a safe, cloud-based storage system. Be sure to also use a secure payment gateway when processing your customers’ payment information.
4. Make sure your systems and software are up to date-Installing updates to your operating system and software are crucial to both maintain PCI requirements and adapt to changing technology.
Knowing your company’s vulnerable areas is key to protecting your customers’ sensitive payment information. Remember, it is the merchant’s responsibility to protect their customers’ data.
For more information on PCI Compliance, visit http://www.nodus.com/pci_compliance.hmtl