What are the benefits of implementing PCI DSS?
PCI DSS is a binding collection of rules that promote IT security processes. PCI DSS aims to reduce financial fraud through heightened network security capabilities of whoever processes payment card information. There are many benefits of PCI DSS compliance. The most fundamental ones for an organization are: • Protection of customers’ personal data • Increased customer confidence through a higher level of data security • Increased protection against financial losses and remediation costs that arise from security breaches • Maintain customer trust, and safeguard reputation • Benchmark and assess the security mechanisms of systems that store, process and/or transmit payment cardholder data.
