Maintaining PCI compliance demonstrates our commitment to data security, building trust with customers and partners, mitigates financial liabilities, and helps avoid reputational damage associated with non-compliance.
In order to safeguard cardholder data, it is mandatory for merchants who store, process, or transmit it to adhere to the PCI DSS regulations. The validation of compliance must be carried out through the appropriate method.
The significance of PCI DSS lies in its ability to establish a foundation of security requirements for businesses, which serves as a starting point for creating a robust security program. Additionally, it provides guidance on how to handle customer data and outlines measures to be taken in the event of a potential security breach.