PCI SSC reaches milestone in European participation
In a sign that more businesses are recognizing the need for PCI compliance, the PCI Security Standards Council recently announced that it has surpassed the 100-organization milestone for those participating in its initiative to spread the Data Security Standards.
The announcement comes as the PCI SSC prepares for its upcoming European Community Meeting in London, at which more than 600 participating organizations from across the globe will convene to share information and best practices for remaining PCI compliant. According to the organization, the milestone in European adoption is a sign that awareness is rising on a global level, despite recent speculation to the contrary.
"Counter to those who suggested that the issue of PCI Standards and global card security were U.S.-centric initiatives, our ongoing growth in participation in Europe illustrates the increase in awareness, focus and feedback we are achieving globally," said Jeremy King, European director of the PCI Security Standards Council.
Research suggests that more businesses are beginning to value PCI compliance. A survey conducted by nCircle found that 69 percent of responding IT and compliance professionals said they would be more likely to do business with a PCI compliant vendor than one that is not, up from 63 percent in 2010.