US stores urged to improve payment card security as compliance deadlines approach

IT Governance urges US businesses to improve the security of their card handling operations by ensuring their conformance to the latest iteration of the PCI DSS

BOISE, IDAHO, USA, November 24, 2014 /EINPresswire.com/ -- IT Governance, the international provider of information security expertise, urges US businesses to improve the security of their card handling operations by ensuring their conformance to the latest iteration of the Payment Card Industry Data Security Standard (PCI DSS).

As the January 1 2015 deadline for transitioning to PCI DSS version 3.0 fast approaches, merchants should consider what they need to do now in order to be compliant with the new version of the Standard next year.

Alan Calder, founder and chief executive of IT Governance, says, “The US is the last G20 country to adopt chip-equipped cards, which goes some way to explaining why it’s such an attractive target for criminals. While the introduction of chip and PIN technology in the United States is undoubtedly a good step towards reducing card fraud, organizations also need to ensure their payment processing systems meet the requirements of PCI DSS version 3.

Major payment processors in the United States will require credit card transactions to start using chip and PIN – a more secure payment card technology based on the EMV standard and widely adopted around the world – by October 1 2015, and Home Depot, which suffered a massive data breach earlier this year that saw the loss of 56 million customer credit and debit card details, has announced that it will deploy chip and PIN readers in all of its stores by the end of next year.

“All US enterprises that transmit, store or process payment card details must comply with the PCI DSS. The newest version of the Standard will come into effect January 1 2015, so it is vital that merchants act now so that they conform to the new version by their next annual validation,” Calder continues.

The PCI DSS v3.0 Documentation Toolkit has been specifically designed by IT Governance to help payment card-accepting merchants comply with PCI DSS v3.0. Not only does it provide compliant documentation templates for all of the Standard’s mandatory policies and guidelines, it also contains a gap analysis tool to assess your level of compliance against PCI DSS v3.0 and identify where you need to make changes.

Find out more: www.itgovernanceusa.com/shop/p-1011.aspx.

For further information on this service, or to make a general enquiry about PCI DSS v3.0, email IT Governance at servicecenter@itgovernanceusa.com or call us toll-free on 1-877-317-3454.

Melanie Watson
IT Governance Ltd
08450701750
email us here