PCI DSS eCommerce: The Cybersecurity Landscape for Retailers in an Always-on Digital Market

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While online retail isn’t a new phenomenon, many retailers are still behind when it comes to proper security measures for this form of business. With fraud claims and chargebacks rising exponentially in 2021 due to quarantine and increased online customers, these security measures related to PCI DSS eCommerce are only becoming more necessary, not less. The landscape for retail cybersecurity is changing, and technology and business operations must continually change with it. 

Here, we’ll discuss some of the security surfaces that retailers face, and why compliance with frameworks like PCI DSS is so important. 

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PCI Compliance is Vital to the Economic Engine of the World

PCI Compliance is Vital to the Economic Engine of the World

The Evolving Need for PCI DSS Compliance.

The current COVID-19 pandemic has dramatically accelerated a trend that was already on the rise — a move toward many new forms of electronic payment that involve capturing and transmitting credit card data. Businesses have moved online-only transactions during this crisis, and many consumers don’t want to handle physical money. And with so many employees working from home on their own computers, laptops, and mobile devices, the risk of a data breach is increasing at an exponential rate.

Many companies are vulnerable to breach, theft, and fraud. A single data breach can severely impact a company’s reputation as well as its ability to conduct business in the future. For merchants that process, store, and transmit credit card information, Payment Card Industry Data Security Standard (PCI DSS) compliance has never been more critical.

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