PCI Compliance - The New Reality for European Retail Companies

Overview

Compliance with the Payment Card Industry (PCI) data security standard is now a reality for every retailer: compliance should be high on every retailer's list of priorities for enterprise security. With this reality comes the need for retailers to fully understand their PCI compliance status through a thorough gap analysis and associated risk assessment. Centre-stage for compliance must be a retailer's ICT infrastructure and, in particular, it's networking capabilities. Implementing strong data encryption, protecting Web services and establishing secure network architecture are fundamental to the compliance process. Early action to establish PCI compliance will go a long way to mitigating the risk of financial loss and damage to the retailer's brand.