Wipfli Alerts & Updates: New Credit Card Protection Rules – Are You Compliant With the Data Security Standard?

January 21, 2011
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If your organization collects, stores, transmits, or processes credit card information, the new year ushers in some new rules.

Updates to the Payment Card Industry Data Security Standard (PCI DSS) were released in late October 2010 and became effective January 1, 2011. Issued by the PCI Security Standards Council, the recent updates include a few small changes and several new clarifications on how to properly secure online payments and transaction systems. Merchants and organizations will have until the end of 2011 to achieve full compliance with the new updates.

If your organization has already achieved compliance with the 1.2 standards, it’s safe to say that meeting the new 2.0 requirements should not be too difficult. But if you’re thinking to yourself, “PCI DSS what?” or “That doesn’t apply to our organization; we don’t process enough credit card payments,” or “Our website vendor takes care of that so we don’t have to,” then it’s time to talk. Read the full alert.

For help interpreting the new security standards or for assistance in ensuring your PCI DSS compliance, please contact Paul Johnson or your Wipfli relationship executive.

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