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What are the penalties for non-compliance with the PCI standards?

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What are the penalties for non-compliance with the PCI standards?

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10

Validation and enforcement is the responsibility of the acquiring financial institution or payment processor. For each instance of non-compliance, these organizations levy various penalties onto merchants and service providers which can include: • Increased transaction processing fees • Fines of more than $500,000 for serious breaches • Suspension of credit card transaction processing abilities Comodo HackerGuardian provides a range of services that make PCI compliance easy. Find out which service is right for you at www.hackerguardian.

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