Differences between the PCI DSS Certified Companies and Others
A group of very stringent norms have to be followed by companies seeking PCI DSS compliance certification. Few of the recent most audits will help you identify organizations that have fulfilled all PCI DSS compliance norms successfully. You must even identify those that ought to go through remediation for altering all instances of violating compliance norms.
Besides pursuing certification, it will even assist the latter in achieving certification and fixing errors. A layer of mandatory sustainable security systems and a degree of resilience have been met by some PCI DSS certified companies. However, many of these companies haven’t been able to meet the compliance guidelines. That is one reason why they tend to obtain their certificate and turn non-compliant afterwards.
What Do the PCI DSS Certified Companies Require?
A good number of companies certified by PCI DSS are following the PCI DSS regulations religiously. These companies are known for acknowledging payments via cards. Then you also have banks that are into acquiring such companies. The customers of such banks are bound tio get penalized when a fine is imposed on the banks for non-compliance.
The industry reports project very few companies as compliant although a vast majority of them are influenced to achieve such certificates. The reports show how about 50% of the companies thus assessed have only succeeded in fulfilling the PCI norms.
Does PCI DSS Affect Anyone?
All participants of the payment card processing gain an impact of the PCI DSS. The norms are applicable on various parties that have taken part in transmission of crucial information or customer data. Some of the entities have even been a part of storing and processing of such data.
When it comes to giving exemptions, the size of a company or the volume of its business isn’t taken into account by PCI DSS. Adhering to the PCI DSS norms is mandatory for small merchants that are either into payment card acceptance or processing.