Are Canadian e-Commerce Sites PCI Compliant?
Senior executives with an e-commerce presence were also asked about their organizations understanding of the Payment Card Industry Data Security Standard (PCI DSS). PCI standards were developed by credit companies to safeguard consumers’ credit information from hackers and thieves. Non-compliance can result in fines, restrictions or possibly permanent expulsion from card acceptance programs. Poll results show that while three in five (59%) feel their web site does a good job of staying current with the latest security and e-commerce transaction standards, one in four (25%) worry their web site may do down during a critical time while only one quarter (27%) of those conducting e-commerce transactions are PCI compliant. Meanwhile, of those who have heard of PCI compliance standards but have yet to come into compliance, over three-quarters (78%) say their business would see an increase in overall security by becoming PCI compliant and 77% say their business would see an increase in custom
