Protect yourself from data breach with Compliance Pay solutions.

If you provide credit card convenience for your customers – American Express®, Discover Card®, MasterCard® or Visa®, you are required by law to adhere to the Data Security Standards (PCI-DSS). It doesn’t matter if you’re a launch company or a Fortune 100 company: compliance is mandatory.

According to Digital Transactions (December 2008 article), 85 percent of data breaches occur at Level 4 merchants – those merchants who process fewer than 20,000 e-commerce transactions per year and all other merchants not exceeding 1,000,000 transactions per year with any one credit card brand.

“Data security breaches involving payment card information occur at small businesses more frequently than at all other merchant levels combined.”

Michael E. Smith, Senior Vice President, Enterprise Risk and Compliance, Visa® USA

Can you survive with exorbitant fines and compensation requirements?

Almost 50 percent of data breaches are caused by human failure – a laptop with personal customer information left in a rental car, a backup tape lost in transit, inadvertent posting of confidential data online, files mistakenly tossed in an open dumpster. And now, as a result of credit card companies’ forensic software, 40 percent of breaches can be traced back directly to you – the merchant.

The fines and compensation requirements from the credit card companies can be substantial. Here is an example of actual charges levied on a merchant who suffered a data security breach:

• Repayment of all fraudulent charges
• $30 per card replacement fees
• Fines up to $500,000 from VISA
• Fines up to $200,000 from MasterCard

A SECURITY BREACH CAN OCCUR IN THE FLASH OF AN EYE.
DO NOT LEAVE YOURSELF UNPROTECTED!

Click here to sign up for the Protection Program that’s right for you.