| Resources
Here
are some helpful resources to help you understand PCI Compliance.
More About FACTO
The Fair and Accurate Credit Transaction Act of 2003 (FACTA)
added new sections to the federal Fair Credit Reporting Act,
intended primarily to help consumers fight the growing crime
of identity theft. Accuracy, privacy, limits on information
sharing and new consumer rights to disclosure are included
in FACTA.
More About PCI DSS
More About PCI DSSPCI was established by the bankcard associations
to deal with risks associated with theft or loss of credit
card data that could then be used for fraudulent activity.
A set of rules have been established regarding the handling
of this information and all merchants are required to comply
or be subject to fines from the card associations. As a merchant
you need to be aware how card data is being handled within
your business and ensure that this data is adequately protected
at all times.
PCI DSS version 1.2 is the global data security
standard that any business of any size must adhere to
in order to accept payment cards, and to store, process, and/or
transmit cardholder data. It presentscommon sense steps that
mirror best security practices.
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