Theft of credit card information due to various database breaches is a phenomenon that has become more prominent in the last few years amongst financial institutions and gaming companies, insurance organizations and more. These thefts cause damage of hundreds of millions of dollars in business, loss of capital due to leakages and the high operational cost of repairing organizations destroyed corporate image.
In order to eradicate this trend, credit card companies have joined together to create a data security credit card standard called PCI DSS (Payment Card Industry Data Security Standard). Corporations, who transfer, store, process, or forward credit card details need to be regulated according to this standard in order to be licensed by the International Regulatory Committee. Under this definition, all businesses, service providers, 3rd parties and accruers need to adopt this standard.
Benefits of the Standard:
• Implementation of the PCI standard is part of the ongoing activity related to data security in the organization.
• PCI DSS is in itself a form of immunity against prosecution and penalization of international credit card companies in the eventuality of a malicious attack on their corporate system; and data leaks of credit card information and customer data belonging to their businesses.
• An enhanced feeling of safety of the consumer, and safety of the corporate image for the corporate service provider.
• The PCI standard is the signal that the corporation is in line with international data security regulations in the fields of management, corporate processes, and is certified by QSA for an additional year in practice.
Corporate Certification by Avnet
Avnet has been certified by the International PCI organization to provide QSA (Qualified Security Assessor) services.
Avnet has experience of 17 years in mentoring companies to achieve various regulatory certifications and standards, amongst them have been Banks, Insurance companies, Investment companies, Technology companies, and more…
The Avnet PCI team, who is lead by a certified QSA, is experienced in supporting organizations from the Gap Analysis stage, through the Advice stage, to Hands-on solutions in communications networks, systems, system applications and mechanisms that should be integrated to provide the most suitable cover for the organization, leading to certification.