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Why PCI DSS Provider Is Necessary for A Company or An Organization?

 

PCI DSS Provider | encrypted-tbn0.gstatic.com

With the increasing cybercrimes and suspicious intruders, it has become mandatory for any organization or a company that deals with payment card system to acquire PCI compliance certificate. This certificate ensure that the company has taken sufficient protection to safeguard the customer debit or credit card or any payment system and their data is protected.

If the merchant or the organization is not sure about the necessary requirement of staying compliment, they can use the service of a PCI DSS service provider to help stay safe from the daunting task. Generally, the PCI Standards are inevitable requirement of retailers to deal data transaction and to accept, transmit store, process the cardholder data and to safeguard the data from data breaches and fraud.

Who Are Necessary to Have PCI Compliance Certification?

This certification is necessary for all who deal with credit or debit card data transaction which includes retail, healthcare, state and local governments and other utilities that process credit card transactions. The cost of PCI compliance changes according to the level of PCI compliance that is calculated by means of number of transactions the company deals per year. The more number the higher level such as level-1, level-2 and so on.
 
When companies or retailers do not fulfill PCI standards could undergo fines, investigations into their business, card replacement costs, data breaches, data theft, expensive forensic audits, brand damage, and more. Furthermore, the belief, trust and good will of the customers will be lost presently. Though the process and getting PCI Compliance is tough it is worth these difficulties.
 
The requirement standards of PCI compliance changes often, every now and then new weakness is identified and security patch is need to be installed. When the latest security patch is not installed that will lead to the cancelation of PCI Compliance certification.
  
When an organization or a retailer obtains the PCI DSS Compliance certification it is their duty to update and maintain the required compliances. For this they need to

Install all security patches
Guarantee the security of payment processing systems continuously 
Maintaincompliance.
To ensure the above-mentioned factors, a PCI service provider will help you.
 
Who are PCI DSS Service Provider?

To reduce the burden of their retailers or companies, you can seek the help of a PCIDSS Service Provider. PCI Security Standards Council (SSC) demarcated a service provider as follows, an organization or retailer that is not a payment brand, directly deal with storage, processing, or transmission of cardholder data which includes the companies that provide services and control or impact the safety of cardholder data.  For instance, service providers include.

Entity that design, install and maintain IT infrastructure, 
Data destruction companies, 
Web security service providers, 
Outsourced web development and application companies etc.

Service Providers successfully completed a PCI assessment with the help of Qualified Security Assessor can provide services to the retailers.  Level 1 is the uppermost level of compliance the companies. So, choose the right service providers to secure your data and the brand name of your company.

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