Friday, June 22, 2007
Retailers grapple with PCI DSS compliance
Compliance News
Retailers grapple with PCI DSS compliance
Most merchants took more than a year to reach compliance, and the vast majority of small merchants are not compliant at all
6.15.07 Most large retailers are compliant with the Payment Card Industry Data Security Standard (PCI DSS), but only 19 percent of small ones are, according to a recent survey.
Of the compliant merchants, nearly half said reaching compliance took more than a year, 16 percent said it took between 18 and 24 months, and 5 percent said it took more than two years.
Only 9 percent said that less than six months of effort were required.
The biggest challenge that was generally reported was the problem of monitoring access to systems that housed card holder data.
Retailers grapple with PCI DSS compliance
Most merchants took more than a year to reach compliance, and the vast majority of small merchants are not compliant at all
6.15.07 Most large retailers are compliant with the Payment Card Industry Data Security Standard (PCI DSS), but only 19 percent of small ones are, according to a recent survey.
Of the compliant merchants, nearly half said reaching compliance took more than a year, 16 percent said it took between 18 and 24 months, and 5 percent said it took more than two years.
Only 9 percent said that less than six months of effort were required.
The biggest challenge that was generally reported was the problem of monitoring access to systems that housed card holder data.