SAS 70 Type II compliance is one of the most common documents utilized by financial institutions around the world. When purchasing items online, whether it is for a goods store or services online, some merchants may disclose that they are not compliant with the Payment Card Industry Data Security Standards (PCI DSS). This creates a bit of a problem for merchants, as they are forced to divulge this information. Actually, this has been around since 2008, when PCI DSS version 1.1 was released. But since then, a lot has changed.
Today’s PCI DSS compliance is a standard that is much more comprehensive than its earlier versions. In fact, it is now split into two different articles. One article is still concerned with PCI DSS v. 2.0, which is the most recent version of the standard. The second article, v. 3.0, is a modified version of v. 2.0 with some important changes.
Since v. 2.0, there have been some important updates to the standard. One of these updates upped the level of protection provided by the standard to make sure that merchants can comply with the standard and still maintain their businesses.
One of the big updates in v. 2.0 is a change that made the purpose of the v. 2.0 data breach disclosure requirement even stronger. Previously, the only thing that the merchant needs to do in order to disallow their customers from carrying out a transaction is to warn them that their account may have been compromised. This type of warning can be done in many forms, but it all basically comes down to protecting the customer information in the pc.
The other interesting thing about the v. 2.0 data breach disclosure requirement is that it spelled out that failure to adequately protect customer information may be a violation of the law. Previously, the only thing that needed to be done in order to avoid a breach being reported is to process the information in a reasonable time frame.
The new v. 2.0 data breach disclosure requirements will likely create more problems for merchants than v. 1.2, but that is simply due to the fact that v. 2.0 is a more complex document that is focused on providing protection methods for customer information. There are many ways that this new requirement can be achieved, but one of the most prominent ways is through the use of a risk-based approach. This can be done by using various data available, such as the type of devices a customer owns, the IP address of the computer that the customer is using, and the type of applications that are installed on their machine.
Dibaca juga : Advanced Poker Strategy the
By using this data, businesses can create exception lists that filter out messages that contain certain words or phrases that are deemed harmful or unsafe. For example, in the past, merchants could only warns their customers when a suspicious IP address attempts to log in. With this new requirement, merchants are now required to specifically identify and address any potential security problems before the customer even enters the order page.
While this may seem like a burden for the small business owner, the fact is that this is often an unnecessary expense for them when compared to the large corporations that are required to comply with the same security standards. This is especially true when it comes to the large corporations that must comply with the federal law, which provides for the filing of criminal information and the loss of criminal records. Businesses that store sensitive personal information for others to access are potentially facing felony charges and up to 10 years in jail. While it is important to protect your privacy online, there is no need to risk putting your business and your customers at risk. Take a few additional steps to protect your customers and your business.