by Joel Fusco @ http://www.secureconnect.com . February 27, 2010 . 8:10AM
Security guidelines and requirements are always changing to reflect the most current industry threats and concerns. This means paying close attention to any method that will help you meet PCI compliance requirements. Credit card tokenization is a great way to implement secure payment processing and achieve PCI compliance.
So, what is credit card tokenization exactly? In a nutshell, credit card tokenization allows you to handle payments without requiring you to store sensitive data on your own network. Instead, the information is sent to a secure company that handles the tokenization, converting sensitive data into random numbers that mask the actual information itself. In the case of credit cards, this means that the actual credit card information is never exposed in a way that would make the information accessible to anyone that would gain unauthorized access to your system. While no one wants a security breach, it’s important to plan accordingly just in case the worst happens.
Definitely a true win-win situation — you get a secure way to process credit and debit card payments, while being able to stay within PCI compliance requirements.
We can assist you when it comes to implementing credit card tokenization for your POS system — contact us today to see just how easy it is to protect your customers’ sensitive data!
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by Kristyan Mjolsnes @ http://www.secureconnect.com . February 27, 2010 . 8:10AM
For new business owners, the world of processing credit card payments can be quite complicated. Adding the requirements of proper security can be even more complicated. However, there is a standard that you and other business owners can follow that is designed to limit the amount of confusion and feelings of being overwhelmed: PCI compliance.
In a nutshell, PCI compliance is a series of requirements that should be followed whenever you will be handling your customer’s sensitive information related to processing credit card payments. These are
truly requirements — there are severe consequences for not being PCI compliant, which can include fines and loss of your ability to process credit card payments.
At first glance, it can seem like a set of strict requirements around how payment processing information is handled will slow your business operations down to the point where it’s nearly impossible to do business. However, this is not the case at all. In fact, if you begin designing your payment processing system to be PCI complaint from the beginning, you’ll be able to consistently deliver higher customer confidence and satisfaction — after all, customers generally purchase from businesses that put the customers’ protection first and foremost.
If you’re not sure what steps to take to ensure PCI compliance, we can help — contact us today for a free PCI compliance consultation!
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by Joel Fusco @ http://www.secureconnect.com . February 27, 2010 . 8:09AM
One common myth surrounding the subject of PCI compliance is the idea that PCI compliance is based on the type of POS you use in your business. In other words, many business owners are under the impression that certain types of POS do not require PCI compliance, but this is not the case at all. Under the current PCI compliance requirements, all POS systems where customer payment data is captured must be secured properly at all times.
This security may take on different forms depending on the type of POS involved. For example, a wireless POS system must be secured differently due to the fact that anyone in range has the potential to breach the system and monitor the sensitive customer information directly. This means that such a system requires even more security awareness since the potential for a major attack can be much higher than in other systems that generally run on a closed network.
All things considered, PCI compliance is something that must be handled regardless of the type of POS chosen to run your business. However, if you’re looking to quickly bring your current POS system into PCI compliance or need further information, we’d be more than happy to check your current setup for PCI compliance issues — contact us today!
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by Kristyan Mjolsnes @ http://www.secureconnect.com . February 27, 2010 . 8:09AM
Given the relative complexity of the PCI compliance requirements, it can be very tempting for businesses to avoid fully complying with the requirements. This may not be as tempting for old businesses as it is for new ones that are still trying to maintain their startup capital and momentum, but it is still a concern. The cost of overlooking PCI compliance goes beyond the cost of actually implementing the requirements in the first place in many ways.
Getting caught being non-compliant means heavy fees, and if there is a security breach the costs can rise even higher. However, it’s important to realize that not all the costs of overlooking PCI Compliance are monetary. The damage to your brand after a publicized security breach can actually be quite high. Once customers have had their information compromised, it can be difficult for many of them to see your company in the same light.
Thankfully, it doesn’t have to be that way. If you’re feeling overwhelmed by getting your company PCI compliant, it might be time to look into outsourcing this task to a company that specializes in this. We can work with you directly to make sure that your PCI compliance concerns are addressed as efficiently as possible — contact us today!
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by Joel Fusco @ http://www.secureconnect.com . February 27, 2010 . 8:08AM
There are few industries where outsourcing cannot improve the way a business operates or serves its customers. Bringing a third party team that can work hand in hand with you is an excellent way to accomplish more and move closer and closer to your goals with ease. However, there are still security concerns that need to be addressed when outside help is added to your business operations.
Access management is one of the biggest security areas you will need to look into. Your outsourced team should only have access to files that they need to use in order to accomplish the tasks you’ve contracted them for. This also means using strong passwords for every system to maintain strong security.
Once your outsourced team is no longer necessary, or you have a team member that is removed from the team for any reason, you will need to make sure their that access rights are terminated immediately. Closing the opportunity for a security breach is very important — and many infamous security breaches have been committed by previous employees and contractors that still had their full access rights.
Outsourcing your security monitoring to a company that specializes in network security is a good way to ensure your business is properly covered without losing the momentum you need to achieve business goals and objectives. Contact us today for more specific information on how you can stay secure and still get the benefits of outsourcing!
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