While our last issue addressed the upcoming EMV liability shift this October, another industry change is occurring much earlier: PCI 3.0
On June 30, 2015, compliance with the latest Payment Card Industry Data Security Standard (PCI 3.0) is mandatory. This is the first update to the standard since 2011 and was originally set to occur in January of this year, but was pushed back for six months to give companies sufficient time to implement the changes and routines necessary for compliance.
It is crucial to protect your business from data theft, security breaches, and fraud. There are upcoming changes that will affect your business in 2015. Failure to comply with these new regulations can have severe consequences.