b4 announces that it has completed all the requirements of the latest PCI DSS, version 3.0, well ahead of the year-end compliance requirement.
“Compliance with the Payment Card Industry Data Security Standard (PCI DSS) means that your systems are secure, and customers can trust you with their sensitive payment card information,”said Greg Thomson VP of Integrations. “Compliance improves your reputation with acquirers and payment brands — the partners you need in order to do business. We fully maintain our compliance to the latest PCI DSS 3.0 standard.”
Compliance with data security standards is a core standard of any financial transaction, while failure to comply can have serious and long-term negative consequences.
To combat security breaches, there is a mandate to update the standards every 36 months, which focus on some of the most frequently seen risks that lead to incidents of cardholder data compromise providing added flexibility on ways to meet the requirements. For more information on PCI Compliance Standards please visit pcisecuritystandards.org