Five Strategies to Achieve PCI Compliance

Dennis Reedy, CTP, managing director, Treasury Operations, Indiana University and Walt Conway, Walter Conway Associates, have written an article titled "5 Strategies to Achieve PCI Compliance" . "There are two things financial managers at every level in the organization need to understand about PCI DSS. The first is that the standard is mandatory—if you accept payment cards, you are subject to the standards. The second is that there can be significant costs if you are not compliant and your systems are breached, compromising sensitive cardholder data."