What is the real cost of ignoring PCI DSS compliance?

11/06/2013

IT Governance, an approved PCI QSA company, is advising organisations that the consequences of not complying with the Payment Card Industry Data Security Standard (PCI DSS) could be more serious than they expect.
 
Any organisation that processes credit and debit card data must comply with the PCI DSS. Failure to do so will likely result in a fine - but non-compliant organisations risk much more than money. They can suffer irreparable brand damage resulting in the loss of prospective customers and existing customers alike. Reputation aside, repeated breaches of the PCI standard result in larger more severe fines.
 
Alan Calder, CEO of IT Governance, says, “Non-compliance isn’t worth the risk of losing customers and incurring financial penalties. With the availability of cheaper alternatives than commissioning a consultant, organisations don’t have an excuse not to comply. By training staff to implement and maintain compliance, companies can ensure thy have the internal expertise to cope with the project challenges. Further help is available in the form of document templates that can save implementers a lot of time.”
 
What PCI-compliance resources are available to organisations?
 
PCI Foundation - Overview & Introduction Training Course
This foundation course is ideal for those new to the standard. It will help you understand what the PCI standard is, what your PCI responsibilities are and how to start planning a compliance project. More information is available here: www.itgovernance.co.uk/shop/p-1017.aspx.
 
PCI Implementation & Maintenance Training Course
The two-day PCI Implementation & Maintenance training course provides a comprehensive and practical coverage of all aspects of implementing a PCI DSS compliance programme. It has been specifically designed to develop the skills required to ensure that any organisation fully meets the requirements of the PCI DSS standard as defined by their payment card brand and their acquiring bank. This course can be booked at www.itgovernance.co.uk/shop/p-1279.aspx.
 
PCI DSS v2.0 Documentation Compliance Toolkit
This toolkit unites the skilled knowledge of a consultant with the freedom to implement PCI policies in an organisation at any time, place and pace, suiting the professionals tasked with achieving compliance. It combines expert guidance, 12 months of on-hand support and free documentation upgrades. Priced at only £249.95, it is a cost-efficient solution to compliance representing only a fraction of the cost for a day of consultancy.
 
The PCI DSS v2.0 Documentation Compliance Toolkit can be downloaded immediately from www.itgovernance.co.uk/shop/p-1015.aspx.
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