What is PCI?
PCI stands for the Payment Card Industry. It is a set of requirements intended to ensure that all companies that process, store, or transmit credit card information maintain a secure environment. It was launched to manage PCI security standards and improve account security throughout the transaction process.
The PCI data security standards is a necessary framework for developing a complete payment card data security process that encompasses prevention, detection, and appropriate reaction to security incidents.
Why PCI compliance is a good idea
PCI Compliance means that your systems are secure and your customers can trust you with their sensitive payment card information; trust leads to customer confidence and repeat customers.
PCI Compliance also improves your reputation with acquirers and payment brands. It is also an ongoing process which aids in preventing security breaches and payment card data theft in the present and in the future. Becoming PCI compliant means you are contributing to a global payment card data security solution.
Other benefits include but not limited to:
- Contributes to corporate security strategies
- Leads to improvement of IT infrastructure efficiency
How do we do it?
At Rhymetec we make sure you become PCI Compliant. We do this by following our 6 point checklist:
- Analyze your compliance level
- Fill out the self-assessment questionnaire for you
- Make any necessary changes
- Find a provider that uses data tokenization
- Complete a formal attestation of compliance
- File the paperwork for you
This set of rules can be written down in the form of policies, procedures, and other types of documents, or it can be in the form of established processes and technologies that are not documented. ISO 27001 defines which documents are required, i.e., which must exist at a minimum.
Deliverables from Rhymetec
Our team is dedicated to delivering premium-tier service to ensure PCI compliance, from comprehensive data management plans, to fully itemized reports that provide information regarding methodology, findings, potential mitigations, and our recommendations.
Rhymetec specializes in enabling meaningful, real world solutions to the most pressing challenges of the modern enterprise security environment. Assessment and reporting is contextualized to your business sector, and custom-tailored to your specific environment.
Our process is engineered to provide all the data and insights needed for you to make informed decisions and take definitive action.