First, PCI DSS stands for Payment Card Industry Data Security Standard. It
started out as a series of five separate programs, namely: American Express
Data Security Operating Policy, Discover Information and Compliance, JCB Data
Security Program, MasterCard Site Data Protection and Visa Card Information
While each program was unique and came from different (in some cases,
competing) brands, the overall aim was the same throughout: to ensure
merchants meet minimum levels of security in storing, processing and
transmitting cardholder data in order to better protect card issuers.
The five separate but similar policies were eventually collated in 2004 when
the PCI DSS was created. Soon afterward, each company aligned their own
policies to correlate with that of the new industry standard.
Since its creation in 2004, the PCI DSS policy has underg... (more)
While bank loans, property leasing and constant monitoring meant that it took
an incredible amount of effort to set up a business 15 years ago, the
internet has provided entrepreneurial opportunities that nearly everyone can
take advantage of. Provided they know the basics, of course.
So, where should businesses begin when creating an e-commerce site?
All websites need to 'exist' somewhere and this is where web hosting comes
in. Typically offered by third party companies, web hosting involves the
placing of a company website on an outsourced server. With many companies
If it weren't for efforts of inquisitive scientists and fastidious
mathematicians however, it's debatable whether this green movement would have
ever become so great. It is only since mankind learned of the fragility of
the planet's resources, and the realities of what causes climate change
(carbon-dioxide emissions) that governments, businesses and individuals have
stood up to their responsibilities when it comes to efficiency.
Why are companies going green?
In today's competitive business environment, where resources are stretched
and every efficiency matters, it's no wonder tha... (more)
Research conducted by IMRG, eDigitalResearch and Portaltech Reply found
companies that sell using multiple platforms expect sales from online and
mobile portals to account for 45 per cent of their total revenue by 2014. By
this time, sales from brick-and-mortar stores will drop to 40 per cent of a
typical firm's income.
The study indicated that having multichannel capabilities is vital in the
current trading environment. 98 per cent of businesses surveyed are already
running two or more customer touchpoints - a 12 per cent increase from 2011,
while there has also been significan... (more)
This is according to general manager of the PCI Security Standards Council
(PCI SSC) Bob Russo, who told Bankinfosecurity.com that this is vital to
spotting any weak links in the card data protection chain, which could
undermine an entire system.
Performing annual risk assessments is one of the 12 central requirements
firms must go through to be certified PCI compliant, but it may be the case
that some companies do not devote adequate time and resources to this and
assume their systems will still be secure.
Mr Russo explained: "The standard requires an annual risk assessment, bec... (more)