PCILOGISTICS.COM | Payment Logistics’ PCI Compliance Website
Visa®, MasterCard®, American Express®, Discover® and the ATM debit networks mandate all businesses accepting their branded electronic payments must be compliant with the Payment Card Industry Data Security Standard (“PCI DSS”). The PCI DSS is a set of rules designed to greatly reduce the chances of a data security compromise involving cardholder information.
Merchants who experience a data security breach are subject to fines and other expenses; many of which we have estimated for you below:
Forensic Investigation: ~$10,000 - $30,000
Re-Issuance of Compromised Cards: Typically ranging from $10 - $30 per card multiplied by the amount of compromised cards. If 5,000 cards are compromised through a breach, fines can range from $50,000 - $150,000!
Loss of processing service until issue has been reconciled
Damage to your Business Brand: This may be the most expensive and irreversible issues associated with a data security breach. Consider the negative ramifications to your business if your customers receive letters from their card issuers stating their card has been re-issued due to a data security breach at your business location. The loss of customer loyalty can be crippling
All businesses accepting credit cards in the United States must comply with the Payment Card Industry Data Security Standard.
Who's Enforcing Compliance with the PCI DSS?
The card associations put payment acquirers in charge of enforcing the compliance of their merchant account clients with the Payment Card Industry Data Security Standard (PCI DSS). When a merchant experiences a data security breach involving the theft of sensitive cardholder information, the card associations fine the merchant's payment acquirer, who in turn attempts to collect the fine from the breached merchant. Unfortunately many businesses cannot bear the costs associated with a data security breach involving cardholder information which we estimate to be $50,000 to $150,000 in penalty expense per 5000 records compromised. Often more crippling to merchants who can absorb the penalties is the dramatic reduction in business resulting from the loss of consumer confidence following a theft of sensitive customer data.
Through this website, Payment Logistics is proactively assisting clients with the identification of vulnerabilities in their data security posture in an effort prevent a theft of sensistive customer data - because if you're reacting it's already too late.
provides an affordable solution to the problem of securing sensitive data and complying with the Payment Card Industry Data Security Standard (PCI DSS). We know that you demand something in exchange for your investment and we provide the security you demand to give you the peace of mind you need. Our program is designed to provide tangible benefits and real data security solutions to protect your bottom line
“Our program is designed to provide tangible benefits and real data security to protect your bottom line.”
Safe Harbor - Prevention is Key!
While there is no way to completely protect against the devastating effects of a data security breach, a merchant subject to the PCI DSS can shield themselves from fines if they can prove they were compliant with the PCI DSS at the time the breach occurred. This “Safe Harbor” provision is often used to mislead merchants into thinking that as long as they validate compliance with the PCI DSS, they are protected. In reality, this is far from the truth.
In order to prove compliance with the PCI DSS a business has to not only have followed the data security standard diligently but must also be able produce evidence to support that claim, including being able to produce detailed and relevant log files. For most businesses, achieving true PCI DSS compliance is a daunting task that is often too difficult to handle in-house without the help of costly data security consultants and significant investments in information technology infrastructure. This can put a large strain on any business, and divert resources needed for growth.
At Payment Logistics we know that your business is important to you and focusing on growth and product development is time consuming. That’s why Payment Logistics makes PCI DSS compliance easy, affordable and understandable. We will analyze your businesses strengths and weaknesses and help you make important decisions to protect your valuable information.
“Payment Logistics makes PCI DSS compliance easy, affordable and understandable.”