PCI-DSS Difference Between Success and Failure of a Credit Card Payments Initiative
PCI-DSS: 5 Facts Which Can Make the Difference Between Success and Failure of a Credit Card Payments Initiative
About the Video:
The growth of B2B card payments poses a challenge to minimize risks to sensitive customer data and to keep up with continuously evolving regulations surrounding payment security. Since the introduction of PCI-DSS (Payment Card Industry – Data Security Standards) in 2004, companies have spent more than $1.7 Billion to achieve and maintain compliance. In spite of this, the number of reported breaches has grown 4 times between 2009 and 2014 in spite of standard compliance.
Jay Tchakarov, AVP of Product Management, HighRadius