The start of November typically signals the beginning of a busy period for retailers, as preparations for the oncoming Christmas rush get well and truly underway.
During this time, your organisation is likely to be dealing with an increased number of transactions and therefore, processing a greater amount of payment card information.
While this is undoubtedly a good thing in terms of revenue and profit margins, it also increases the potential for consumer data to be misplaced or mismanaged.
For that reason, now is an excellent time to review and evaluate how your business is dealing with customer information in order to ensure the risk of data theft or loss is being mitigated as much as possible.
The best way to make sure that your organisation s vulnerability management protocols in this area are up to scratch is by ensuring full adherence with the Payment Card Industry Data Security Standard (PCI DSS).
The PCI DSS is a comprehensive set of best practice requirements that any retailer accepting credit or debit card information must adhere to.
By complying fully with PCI DSS, a retailer can ensure it is fulfilling both its ethical and legal obligations as much as possible and help protect its reputation against the potential ramifications of a security incident.