You completed PCI Rapid Comply, what’s next?

irst Data pci rapid comply

Screenshot of PCI Rapid Comply by First Data home page

You’ve completed the online forms at PCI Rapid comply, what’s next? By now you already know that PCI is not a quarterly or annual event.

First, If you received notice of noncompliance, print the web page shown above and send to your merchant processor relationship manager to stop recurring non-compliance fees, if applicable.

Next, go to MY DOCUMENTS and download everything. These are starter documents to help you with compliance, but you’ll need to modify and add some information.

pci-rapidcomply-docsFor example, on the incident response form, you’ll need to add the responsible names and contact information.

The security policy should be reviewed and disseminated to all employees that touch payments, and are involved in network security. I recommend HR manage the confirmed receipt as part of employee performance reviews. You may want to create a test to validate employee understanding, and record the date and time of completion to prove compliance.

  • The Risk Management Guide has a number of blanks to fill in. If you have retail transactions, you’ll need to create a monitoring and inspection program, which includes serial numbers and locations of all equipment.
  • Enter network administrator and payment administration on the access control guide. If you’re a CenPOS user, most of this requirement is managed with CenPOS Roles & user management.
  • Maintaining and monitoring your program is a critical component of PCI 3.0. If you don’t currently have a compliance officer, create accountability by assigning someone to ensure monitoring is completed on schedule.

About PCI Rapid Comply: PCI Rapid Comply is a First Data service available to all their merchants. First Data merchants can use this or a third party service of their choice.

About 3D Merchant Services author Christine Speedy: Offers payment gateway and cloud solutions to reduce scope and PCI Compliance burden. No new merchant account is required, however merchant services are available upon request. PCI Rapid Comply is available to merchant clients on select processor platforms, at no additional fee.

 

3D Merchant Services Powered by CenPOS
2633 NE 26th Ave Metro South FloridaFL33064 USA 
 • 954-942-0483

PCI SECURITY STANDARDS COUNCIL PUBLISHES SECURITY AWARENESS GUIDANCE

pci security awareness guideOctober 30, 2014. In order for an organization to comply with PCI DSS Requirement 12.6, a formal security awareness program must be in place. There are many aspects to consider when meeting this requirement to develop or revitalize such a program. The best practices included in this information supplement are intended to be a starting point for organizations without a program in place,or as a minimum benchmark for those with existing programs that require revisions. Best Practices for Implementing Security Awareness Program v1.0, 25 pg PDF recommended for IT and PCI compliance leaders.

One of the biggest risks to an organization’s information security is often not a weakness in the technology control environment. Rather it is the action or inaction by employees and other personnel that can lead to security incidents.

The free guidance will help merchants establish security standards in their business.

 

PCI DSS version 3.0 : January 2015 Deadline Looms

PCI DSS 3.0 deadline

Merchants who submit annual SAQ’s can continue to validate compliance with 2.0 SAQs until January 1, 2015. If merchants annual validation occurs in December,they’re not mandated to validate with version 3.0 until December 2015.

Are you ready?  Every merchant is impacted by the update, which are considerable. The PCI DSS Quick Reference Guide is 40 pages so there will be no attempt to duplicate it here. Here’s some issues merchants mostly likely need to address:

  1. Maintain an inventory of system components that are in scope for PCI DSS and also further, protect devices from tampering. Merchants have to identify all software, hardware, networks, what it’s used for, why it’s needed. This is a difficult task for larger retail operations where equipment is regularly moved and replaced. To comply, there must be a plan to regularly inspect equipment with serial number verification.
  2. Ensure that related security policies and operational procedures are documented, in use, and known to all affected parties. Even if in place, rarely is the case where every employee is fully informed. Adding a component to HR employee reviews is the simplest way to initiate a system.
  3. Render PAN unreadable anywhere it is stored- the card number must be unreadable per 3.4.
  4. The CAV2/CVC2/CVV2/CID can never ever be stored. OK, this one is old, but it’s still abused so it’s being repeated again. It’s NOT OK to store if ‘for a while’.
  5. Control physical access for on-site personnel; access authorized and based on individual job function and revoked immediately upon termination.The vast majority of companies have little control over employee access by job function. Their equipment or software simply has too many limitations. Merchants need to micro manage what employees can do, and document each employees interaction ( who processed what transaction etc.)
Goals of the PCI Data Security Standard
  • Build and maintain a secure network
  • Protect cardholder data
  • Maintain a vulnerability management program
  • Implement strong access control measures
  • Regularly monitor and test networks
  • Maintain an information security policy
PCI: IS AN ongoing 3-step process
  • Assess – identifying cardholder data, taking an inventory of your IT assets and business processes for payment card processing, and analyzing them for vulnerabilities.
  • Remediate – fixing vulnerabilities and not storing cardholder data unless you need it.
  • Report – compiling and submitting required reports to the acquiring bank and card brands you do business with.

CenPOS Certifies to Caribbean Credit Card Corporation

logo cenpos Miami, FL (PRWEB) October 27, 2014

Today, CenPOS proudly announces a new certification to Caribbean Credit Card Corporation. The certification includes card present, card not present, e-commerce, and mobile processing. Merchants residing in countries where Caribbean Credit Card Corporation has a processing relationship with local banks are now able to take advantage of the CenPOS suite of products and services, including but not limited to: Mobile processing, Electronic Bill Presentment and Payment, integrated shopping carts, Point-to-Point encryption and tokenization. Cross border merchants are now able to easily manage their business payment needs through one single payment platform. CenPOS provides businesses across the globe with an omni-channel payment platform allowing the business communities to better engage their clients and allowing them to pay from anywhere, anytime and however they want to pay.

“We are very excited with this new certification as it bring us closer to our quest to provide our clients with global processing solutions with a world class platform,” said German Gonzalez, Chief Technology Officer and Co-Founder of CenPOS. “CenPOS will continue to add new certifications that are strategic and complimentary to our current product offering, but more importantly, certifications that are required by our valued clients,” added Gonzalez.

CenPOS is now able to provide core payment processing services in the following Caribbean countries:

Anguilla, Saint Kitts and Nevis, Antigua and Barbuda, Saint Lucia, Saint Vincent , Guyana, Barbados, Dominica, Grenada, Suriname, and Montserrat

About CenPOS

CenPOS is a merchant-centric, end-to-end payments engine that drives enterprise-class solutions for businesses, saving them time and money, while improving their customer engagement. CenPOS’ secure, cloud-based solution optimizes acceptance for all payment types across multiple channels without disrupting the merchant’s banking relationships. For additional information please call 877.630.7960.

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3D Merchant Services is an authorized CenPOS Reseller, Global Sales (954) 942-0483.

Visa interchange rate October 2014 release

The Visa Fall 2014 interchange reimbursement rate release is now available for PDF download. At a glance, I didn’t spot any changes to rates, following broad changes and increases for business to business since April 2013.

The transaction and volume minimum did increase for the Credit Threshold, but the maximum chargeback ratio remains the same at 0.020%.

credit threshold visa

New higher minimums for credit performance threshold.

For merchants, no news is good news! If your company is business to business, managing interchange is critically important. The Business Electronic Interchange Reimbursement (EIRF) Fee increased from 2.75% to 2.95% in the last year. Merchants can avoid EIRF and Standard with improved interchange qualification management.

Click here for handy web page with links for to all credit card brand rates. As of October 21, 2014, MasterCard has not released an update for Fall, however, the spring update is labeled 2014 – 2015, so perhaps there will not be one.

US Homeland Security Alerts: “Shellshock” Vulnerability

US computer emergency readiness team Over one thousand merchants have been impacted by issues the US Computer Emergency Readiness Team has issued alerts for.

GNU Bourne-Again Shell (Bash) ‘Shellshock’ Vulnerability is a critical vulnerability reported in the GNU Bourne-Again Shell (Bash), the common command-line shell used in many Linux/UNIX operating systems and Apple’s Mac OS X.

PCI Security council released an alert for merchants https://www.pcisecuritystandards.org/pdfs/14_10_15%20PCI%20SSC%20Bulletin%20on%20Shellshock_Final.pdf