How PCI Compliance Helps Protect Your Business from Breaches
Sam Farraj is AVP-Content Delivery & Security Platform, AT&T Global Business Services. You can find more blog content from Sam and other experts on the AT&T Networking Exchange Blog, where this article originally appeared. AT&T has sponsored the following blog post.
Next time you are enjoying the ease of shopping online, remember this: Studies estimate that online retailers lost $3.5 billion to fraud in 2012. On top of that, add the cost of inconvenience to legitimate consumers who either had to notify their credit card companies, or who may not have even spotted the fraudulent charges when they paid their bills. Blogs and social media are cluttered with stories of people whose credit cards were used to make fraudulent purchases, leaving the victims to clean up their accounts.
How do online retailers work to prevent this fraud? Well, one way is to rely on technical partners who achieve compliance with the Payment Card Industry Standard – Data Security Standard, or PCI DSS.