Is your company PCI DSS compliant?

GFI Software, a developer of network security, content security and messaging software, has launched a White Paper to explain what the Payment Card Industry Data Security Standards (PCI DSS) are, how they affect different companies and the...

GFI Software, a developer of network security, content security and messaging software, has launched a White Paper to explain what the Payment Card Industry Data Security Standards (PCI DSS) are, how they affect different companies and the repercussions of non-compliance.

As from September 30, 2007, all businesses handling cardholder data, irrespective of size, have to be fully compliant with strict security standards drawn up by the world's major credit card companies. The move to tighten up security comes as an increasing number of firms report that customer data has been lost or stolen.

Credit card fraud was the most common form of identity theft with 26 per cent of all reported occurrences in 2005, with more than US$48 billion lost by financial institutions and businesses in that year and US$5 billion lost by individuals. The White Paper examines the consequences of cardholder data theft and explains in detail what the PCI directive is, why it is important that companies comply with these standards, the consequences of non-compliance and, finally, what solutions are available to help companies become compliant.

The White Paper outlines how two of GFI's leading network security products - GFI LANguard N.S.S., a complete vulnerability management solution, and GFI EventsManager, a powerful events log management solution - can assist companies to meet all the "technical" requirements imposed by the PCI DSS.

Meanwhile, GFI released its PCI Suite, a package aimed at helping companies meet the strict requirements and tight deadlines imposed by PCI DSS and comply with the majority of automated processes required for compliance.

• For more information on PCI DSS visit www.gfi.com

Sign up to our free newsletters

Get the best updates straight to your inbox:

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.