Non-PCI compliant organizations fail to adhere to the Payment Card Industry Data Security Standard, leaving sensitive payment information vulnerable to breaches. This lack of compliance increases the likelihood of attackers gaining unauthorized access to valuable data.
Non-PCI compliant organizations are more susceptible to financial losses, regulatory penalties, and damage to their reputation in the event of a data breach. The cost of recovering from a breach can be substantial, further highlighting the importance of PCI compliance.
Non-PCI compliant organizations should prioritize implementing security best practices, such as encryption, access controls, and regular security assessments. Working towards PCI compliance can help reduce the risk of data breaches and safeguard sensitive information.
The report highlights that non-PCI compliant organizations are more likely to experience data breaches and face severe consequences as a result of their non-compliance.
PCI compliance helps organizations protect payment card data, maintain customer trust, and mitigate the risk of data breaches. Adhering to PCI standards is crucial for maintaining a secure payment environment.
Organizations can implement security controls, conduct regular audits, train employees on best practices, and work with accredited security assessors to achieve and maintain PCI compliance.
By following PCI standards, organizations can enhance their security posture, reduce the risk of data breaches, and protect sensitive information from unauthorized access. Prioritizing PCI compliance is essential for safeguarding both customer data and the organizations reputation in todays digital landscape.|
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Non-PCI Compliant Orgs Have More Breaches - Verizon Report