For companies that do business with payment card data, implementing the updated guidance from the Payment Card Industry Security Standards Council should be at the top of the end-of-year to-do list. The organization, comprised of major credit card companies, released updates to its data security standards late last year, including a Jan. 1, 2015, deadline for companies to be compliant with most aspects of the PCI 3.0 guidelines.
The new standards include some important changes for processing payments. Among these are new considerations for the relationships between companies and the third-party service providers that help them deal with payments. And it’s these third parties, which are providing more and more client services in a high-tech business environment, that are a direct route for many bad cyberactors into a company’s networks.
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