What is PCI compliance hosting?
PCI compliance stands for Payment Card Industry Data Security Standards, known as PCI DSS for short, is a set of security standards for companies and organisations that handle either store credit or debit card information.
The standards are defined by the Payment Industry Standards Council to ensure cardholders are best protected from card fraud and identity theft.
Why do I need to be PCI compliant?
- Avoid fines
- Trust of your customers
- Secure ecommerce
Who is it for?
PCI hosting and compliance is currently required by any website that allows customers to input their card details. Read more about how to find out whether your website needs to be PCI compliant.
What are the benefits of PCI?
There are a number of both direct and indirect benefits of PCI compliance. These include:
- Increasing consumer trust is very good for business, especially as many consumers don’t feel comfortable making purchases online.
- Protecting your reputation and image, which can be severely damaged by a breach of security, identity theft or card fraud.
- Protecting yourself from fines, which can occur if you suffer an Account Data Compromise. These can often involve covering the cost of replacing cards, paying for on-going monitoring and flat fines from the regulator.
- Protecting against online threats, with regular scans and monitoring keeping on top of your web security.
If you are not sure about any aspect of PCI compliance or PCI web hosting, then contact Nimbus to find out more.
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