Survey: Payment Card Industry Faces Long Road to Compliance
NetIQ has announced results of a survey of over 300 companies in North America concluding that, "despite multiple extensions of the Payment Card Industry Data Security Standard (PCI DSS) compliance deadline, companies are still struggling to adequately protect the data of their customers. The threat of significant fines (up to $500,000) and loss of customers and company reputation in the event of a security breach have not radically spurred PCI compliance."
“Although businesses have been working around the clock to adhere to the PCI DSS standard, it obviously remains an ongoing challenge,” said Geoff Webb, senior manager, Product Marketing, NetIQ. “Our intent with the PCI Compliance Suite is to aid customers’ adaptability of their current environment to compliance while also gaining measurable security improvements. By ensuring that compliance requirements are met, we can help our customers avoid costly fines, prevent security breaches and instill customer confidence and brand reputation.”
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