publication date: Mar 20, 2011
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author/source: Payment Card Industry (PCI) Security Standard Council
Twelve Steps to PCI Compliance*
- Does your property accept credit and debit cards?
- Did you know that nearly 55 percent of all credit card fraud occurs in the hospitality industry?1
To combat payment card fraud, the Payment Card Industry (PCI) Security Standard Council created the PCI Data Security Standard (PCI DSS). PCI DSS was designed to reduce risk and prevent problems related to the misuse of cardholder data. Under this standard, all merchants accepting payment in the forms of credit and/or debit (i.e., “payment”) cards must adopt a series of very specific and detailed security measures to protect sensitive customer credit and debit account information. Most merchants were given notice and a period of time to prepare their organizations and secure their systems. That grace period ended in the autumn of 2007