Feeds

Visa tightens rules for small sellers

You have 24 hours to comply

High performance access to file storage

From tomorrow small businesses that take credit card payments will be obliged to enrol in the credit card industry's Payment Card Industry Data Security Standard (PCI DSS) compliance programme.

From 1 July small and medium enterprises using electronic point of sale terminals and e-commerce systems need to reach basic compliance with an entry-level version of the standard or face higher merchant fees or, in extreme cases such as in the aftermath of security breaches, the withdrawal of merchant statuses.

Larger firms need to comply with the full versions of the PCI DSS standard by 30 September.

The latest (v1.2) objectives for PCI DSS compliance cover 12 requirements, written by the payment card industry, for the safe processing of credit and debit card transactions.

Requirements include a mandate to build a secure network and protect cardholder data. Compliance is achieved by self-assessment for mom and pop shops processing less than 20,000 e-commerce transactions a year and compulsory external audits for e-commerce heavyweights.

The PCI Security Standards Council website has a number of resources available to merchants and service providers, including a self-assessment questionnaire, which firms can use to understand how card security rules might affect them. "By using the range of self-help files and questionnaires on the PCI council's Web site, companies can save themselves a lot of expensive legwork in terms of pre-compliance procedures," said Jeff LoSapio, security practice manager for application security specialist Fortify.

"Through adoption of a best practice approach, companies can actually save themselves money in the longer term, and may even avoid the need to hire an expensive consultant who may not actually tell their board anything extra that their IT department doesn't know already," he added. ®

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Nokia offers 'voluntary retirement' to 6,000+ Indian employees
India's 'predictability and stability' cited as mobe-maker's tax payment deadline nears
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
Adrian Mole author Sue Townsend dies at 68
RIP Blighty's best-selling author of the 1980s
Analysts: Bright future for smartphones, tablets, wearables
There's plenty of good money to be made if you stay out of the PC market
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.