MYTH #1: PCI certification ensures payment security.

Not so! PCI certificate only attests to the state of security at the precise time of audit.

Compliance Services helps make certain your data is secure moving forward, by implementing recurring updates, scans, and feedback.

MYTH #2: The goal of security efforts is to earn the PCI certificate.

Again, false! The focus of security should be protecting your business and building a relationship of trust with your customers. Studies have found that 31 percent of customers affected by a data breach will terminate their relationship with the affected company.

Compliance Services ensures the completion of the PCI requirements. Your business will be covered by $50,000.00 in the event of a breach, to cover forensic audits, Visa® and MasterCard® fines, civil litigation, and loss of customers.

MYTH #3: Credit card data must be stored in-house for easy access.

This is perhaps the most damaging myth of all. By storing your data in-house, your business could be vulnerable and exposed, the perfect target for a data breach.

Compliance Services offers a PCI secure online data backup to keep all your cardholder data safe and secure from hackers.

MYTH #4: PCI compliance is too expensive.

If you think the cost of PCI compliance is expensive, you should see the expense of non-compliance. Non-compliance doesn’t just result in costs associated with fines, credit card replacement and audit fees, but also from loss of business revenue and tarnishing of reputation. For many smaller merchants, one data breach could easily put them out of business.

MYTH #5: PCI compliance is only for “the big guys” – not for smaller merchants like us.

Absolutely wrong! The sheer volume of small online store owners (more than six million, according to Visa) makes them highly desirable targets. Smaller merchants typically use less sophisticated technology, and hackers take advantage of that. Even if you accept just $1,000 with credit card payments, you are at risk.