Pop Quiz: PCI Compliance

Pop Quiz: PCI Compliance

The credit card industry is doing the right thing by consumers and enforcing proper security measures regarding the handling of credit card information. You might have heard about this - a number of the popular vendors of donor databases are recommending upgrades based on their compliance with these regulations. The "Payment Card Industry Data Security Standard", commonly known as PCIDSS, is a set of guidelines for securely handling credit card information. The standard has been around for about four years, but early enforcement efforts focused on companies with a high volume of credit card transactions. Now that they're all in compliance, they've set their sites on smaller businesses and nonprofits. So, what does this mean?