Layton is retired and sells hand-crafted fishing rods as a home-based business for a little extra spending money. because he processes less than a dozen credit card payments per year, he does not need to worry about pci compliance requirements for handling his customers’ payment information.

a. Trueb. False

Question

09-12-2022
Computers and Technology

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Layton is retired and sells hand-crafted fishing rods as a home-based business for a little extra spending money. because he processes less than a dozen credit card payments per year, he does not need to worry about pci compliance requirements for handling his customers’ payment information.

a. Trueb. False

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kumargaurav1012000 kumargaurav1012000 · Answer 1 · 2022-12-14T05:49:09+01:00

It is False that Layton does not need to worry about PCI compliance requirements for handling his customers’ payment information as for his home-based business uses less than a dozen credit card payments per year.

When receiving, sending, processing, and storing credit card data, organizations are required to adhere to a set of 12 security standards known as PCI compliance, or payment card industry compliance. PCI compliance demands that small firms manage firewalls, maintain antivirus software, assign unique IDs to each employee with computer access, and encrypt cardholder data.

The PCI Security Standards are managed by the Payment Card Industry Security Standards Council, an independent organization established by the card networks in 2006. The card networks and payment processors are responsible for enforcing these standards. No matter how many card transactions are performed, every merchant needs to be PCI compliant.

To learn more about PCI compliance click here:

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