PCI (Payment Card Industry) enforces Data Security Standards that looks to ensure that ALL companies that process, store or transmit credit card information maintain a secure environment. This can be a burdensome task unless retailer can leverage the cloud. This article takes a look at some of the requirements and how they translate into best practices when managed from the cloud.
\nFor the sake of this example, let\u2019s assume you are a retailer who processes more than 20,000 transactions a year and the administrative burden of PCI is a real concern. In fact, it is a business necessity to maintain merchant accounts with VISA, American Express and MasterCard. And it is hugely important to keep the confidence of your customers. Fines for non-compliance aside, a breach of your network could cost millions of dollars. And that doesn\u2019t begin to calculate the cost of customer defection through loss of trust.<\/p>\n