Growing number see value in PCI compliance

Growing number see value in PCI compliance

A new survey on the PCI DSS guidelines shows that a number of acquirers are seeing value in having a PCI compliance program to help quell data breaches and stop risks.

ControlScan's Benchmarking Level 4 Merchant PCI Compliance - The Acquirer's Perspective, which surveyed 146 banks, processors and Independent Sales Organization, found that 94 percent have a PCI DSS program in place for level 4 merchants and 57 percent said their merchants see value.

"Over the last three years, ControlScan has extensively studied the viewpoints of small merchants regarding PCI compliance," said Joan Herbig, CEO of ControlScan. "For the first time, we are benchmarking the experiences of acquirers in helping small merchants comply with the PCI DSS. While recent research has broached this topic, it has been from the standpoint of larger merchants, Level 1 and 2, and has had little applicability to the challenges faced by smaller Level 4 merchants. This study shines a light specifically on this segment."

Level4PCI.org said companies wanting to reach Level 4 PCI compliance should install and maintain a secure firewall and not use vendor-supplied defaults for passwords and other data security efforts.