Click here to close now.




















Welcome!

News Feed Item

Xtraordinary Urges Small Businesses to Ensure PCI DSS Compliance This Christmas

EDINBURGH, Scotland, December 6, 2012 /PRNewswire/ --

With online shopping expected to top £5bn this Christmas, UK-based cloud hosting provider Xtraordinary is reminding British small businesses to review how they are processing, storing or transferring customer card data.

1st December 2012 was the deadline set by Streamline, the UK and Europe's largest card processor, for small and micro businesses to ensure they are Payment Card Industry Standard (PCI DSS) compliant.

PCI DSS is a set of mandatory card security protocols, created by a coalition of the major credit card companies, including Visa, MasterCard and Amex. Whilst compliance is not a legal obligation, online traders wishing to handle credit or debit card details are required to achieve PCI DSS compliance as part of their merchant agreement with card vendors and processors.

Andrew Ogilvie, Managing Director of Xtraordinary Hosting, says: "Non-compliance may be met with fines, losses arising from fraud or negligence and ultimately a termination of the merchant agreement and the loss of customer confidence. There is also an increased risk from cybercrime attacks, which fundamentally PCI DSS compliance is designed to prevent. According to Verizon's 2012 Data Breach Investigations Report, 95% of breaches happen to retailers with less than 100 employees."

Retailers may have got used to handling and storing card data for a variety of purposes. Providing a simple "one-click" transaction process for returning customers means faster, easier sales and encourages repeat business. Card details may be held in case of refunds or chargebacks or at a simple level, many companies use card details as a means of identifying and verifying their customers (according to Ponemon Institute's 2011 PCI DSS Compliance Trends Study). Merchants may also be tempted to keep card details for marketing purposes, in order to track previous purchases and prepare targeted promotions.

PCI Compliance prohibits companies from recording and storing the Card Verification Value (CVV2), three-digit number, on the reverse of cards.  If there is a security breach and retailers are found to be holding this data they leave themselves open to claims from card companies.

Andrew Ogilvie explains, "By doing any or all of these things many merchants, particularly small, medium and micro businesses, may not realise they are in breach of PCI Compliance."

Companies must sign up to regular vulnerability checks of their online security by an approved third-party vendor. However, there are another 200 additional sub-requirements to meet in order to pass compliance.

All of these conditions may require considerable investment in time and money by merchants.

Andrew Ogilvie says: "Retailers should ask themselves what sort of data they need to process and what, if any, they need to retain. If there is no legitimate reason to store card data then avoid it. It is worth ring-fencing systems that process transactions, which means not every part of a retailer's IT setup has to be compliant as it won't come into contact with card data. Retailers should also review which personnel come into contact with card and transaction data within their organisations. It should always be on an 'only if essential' basis, and all access to the data recorded.

"Perhaps the best advice of all for small retailers is not to have anything to do with processing card transactions at all. A third party payment gateway like Sagepay, Datacash, Worldpay or Barclay's ePDQ can deal with transactions. This may add to the expense of doing business online, but it also gives greater peace of mind. Retailers can concentrate on selling products on their website, and spend less time worrying about managing data."

While PCI Compliance may create a headache for many small firms, it is all about keeping customer data secure and minimising criminal threats to their business. However, PCI DSS compliance is not a cure-all and companies must remain vigilant against ever-changing cyber threats to their business.

Andrew Ogilvie adds: "It is very important when choosing a hosting provider that they fully understand PCI compliance, and can provide advice on security, system design, encryption, firewalling, patching, scanning and logging which are all required to stay compliant."

Notes to Editors

Xtraordinary Hosting http://www.xtrahost.co.uk

Successful dotcom entrepreneur Andrew Ogilvie founded Xtraordinary Hosting in 2001. It is a cloud hosting company, operating out of data centres in London and Edinburgh, which employs highly qualified, on-site technical teams, providing 24/7 support on critical issues.

The company offers a wide-ranging of IT services including secure Private and Public Cloud Hosting, Dedicated Servers, Managed Servers, Complex Managed Hosting and Application Hosting, which includes Magento eCommerce and Atlassian.

Xtraordinary operates in the City of London from the Interxion data centre, which it shares with over 200 financial services institutions, more than 15 liquidity venues and the major market data vendors.

For further information please contact Fin Robertson at Xtraordinary Hosting on +44(0)870-743-7408 or email [email protected]

SOURCE Xtraordinary Hosting

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Arch...
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...
Malicious agents are moving faster than the speed of business. Even more worrisome, most companies are relying on legacy approaches to security that are no longer capable of meeting current threats. In the modern cloud, threat diversity is rapidly expanding, necessitating more sophisticated security protocols than those used in the past or in desktop environments. Yet companies are falling for cloud security myths that were truths at one time but have evolved out of existence.
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...