Why Businesses need to be PCI Compliant

We all want to know that our financial information is protected when shopping at online and traditional businesses. Unfortunately, many people have learned the hard way about fraud after they have lost thousands of dollars. Although businesses have taken a number of measures to improve their security, there are still many online shady individuals engaging in credit and debit card fraud. Online criminals are constantly seeking new ways of gaining access to people’s financial and personal information. The financial cost of fraud is massive. Any business that accepts credit and debit card payment information should comply with the Payment Card Industry Data Security Standards (PCI DSS). Businesses need to assure their customers that they are protected by complying with the PCI DSS.

Consumer confidence in how personal information is managed is one of the most critical elements required for a businesses success. Creating and fostering a good business reputation can take years, but destroying it can be instant. A multi-million dollar business can be irrevocably harmed by the loss of their reputation. With the creation of the Payment Card Industry Data Security Standard (PCI DSS), the assistance that has been much needed has now been developed to secure the use of credit and debit cards. Businesses that process and store customer credit and debit card data are now required legally to be PCI compliant and to conduct business practices under a strict set of rules. PCI compliancy has boosted confidence in spending by implementing twelve strict regulations which protects their customers’ personal and financial information from such threats as hackers, viruses, worms, Trojans and more.

PCI compliance covers a number of areas such as that installing a firewall, including encryption during transmission of card data, implementing regular updates of anti-virus software, and implementing computer maintenance and protocols such as monitoring and testing the networks in order to reduce security breaches.

PCI compliance has provided consumers and businesses with the security and assurance to trust in carrying out business transactions safely and securely online and in person. PCI DSS drastically reduces the risk of identity theft and fraud, thereby reducing customer loss and profit loss.

Increased knowledge of the PCI system and the implemented safeguards and regulations, tells customers that the risk of having their information stolen is significantly reduced. As well, the sizeable fines for non-compliance are a huge deterrent for one who fails to maintain compliancy. Smart Shoppers look for a secure site that is a PCI compliant company. Most people will not do business with an unprotected company.

Because business today depends on electronic transactions and payment processing for the majority of their payments, PCI compliance needs to be the highest priority. A business that fails to register for payment card identity compliancy will fall behind in an extremely competitive business world.

With the expansion and constant development of the internet, consumers are now demanding high quality goods and services with a minimum risk of fraud. Being PCI compliant allows a customer to feel confidant and secure about the purchases they make. Knowledgeable and cautious shoppers look for security when shopping so it makes sense that a business becomes PCI compliant. The result will be repeat customers and an increase in conversions which will lead to an increase in profits.

As credit card fraud is increasing, businesses are becoming PCI compliant. In addition, SAS 70 Type II is practicing audits on a regular basis, combined with Data Centres Canada, a high degree of security is being offered to customers so they may be able to obtain a peace-of-mind to customers.

Has this scenario ever happened in your office? You arrive at work, ready to face the day. You turn on your computer and wait for the welcome screen. Nothing happens. You turn it off and on again, thinking it may be a simple glitch. Nope, the computer is dead. You have lost everything, from your pictures to your important work documents. What are you going to do in this situation? What if something were to happen not just to one computer, but also to your business’s entire data center? Would you be prepared?

If you have not thought about backup and data recovery options, you are sitting on a ticking time bomb. It takes just one electrical storm or spilled cup of coffee to cause you to lose everything in your computer. On a grander scale, your business’s entire data center could theoretically be destroyed in a disaster. Are you prepared?

Create a Disaster Recovery Plan

You must plan for possible disasters. You need a disaster recovery plan. It must cover everything your business will do in the event of a data disaster, pinpoint possible disasters, and specify which people will perform which tasks if the plan is going to be put into effect. Once you have the plan in place, make sure all personnel know it and have a copy. Store a copy offsite as well, in case of a massive disaster that destroys your entire office building.

Create a Good Backup

If you are going to recover from a disaster, you must have a backup to get the data from. Regularly make copies of the important data on your computers, and store it somewhere off site. You will have to decide how often these backups are made, but make sure they happen regularly enough to provide you with a good starting place if you should need to rebuild your data center.

For a business creating a disaster recovery plan, backup sites are also important. These are actual locations you can use to being rebuilding your data center. The backup site could be stocked with hardware and software, or it could simply be an office that you would stock if the need arose. Your budget will dictate how extensive your backup site will be, but you need to have one as part of your disaster recovery plan.

If a disaster occurs, you will need to be able to find the last backup you made of your data. While it may not contain everything, it will have the most up to date information possible. Before you begin rebuilding, make a copy of the backup and have it stored somewhere other than the location where you are working.

Consider Hiring Help

Perhaps you are overwhelmed with the task of creating a data disaster recovery plan plan and making sufficient backups of your information. If so, consider hiring a company to help you create an implement your disaster recovery plan. The expense will be worthwhile, because in the end you will have the peace of mind that comes with having a plan in place to deal with the unexpected. Hopefully you will never need your disaster recovery plan, but if you do, it will be an invaluable addition to your business.

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Benefits of Outsourcing VMware Hosting

by Amy Nutt

Looking for a reliable hosting solution these days is like looking for needles in a haystack. The confusing thing is you are not sure of what requirements each company has and what could work for you. There are tons of hosting plans but for this article, we will be focusing on the different types of hosting available in the market. There are 3 major types of hosting on the market and the top among these are the shared hosting, dedicated hosting and VMware hosting. VMware hosting is unlike the normal hosting packages where you need a lot of resources such as hardware, operating system etc.

A VMware hosting package is necessary when you intend to get an in-house server where you can easily manage it and all the data on it. The benefits of VMware hosting are numerous and some of these include:

1. Cheap to manage Unlike dedicated and shared hosting, VMware virtualized hosting does not cost much to set up. The need for an operating system and physical server is virtually eliminated and it often does the job far more effectively considering its convenience.

2. Can be Combined with physical servers Because of its dynamic nature, it can be combined with physical servers, thus making your hosting and data far more reliable than if it were done by just physical servers alone. Because the server is virtualized, there is less clumsiness and more data safety as you are then generating different or a more virtualized network that can be monitored or controlled from one location. This single step can help you save up on costs attached to physical server installation while diverting the amount of time and manpower that could have been used for that into other more productive processes.

3. Data security and assurance Nothing is worse than not being able to access your data at the time you need it. Therefore, using outsourcing your VMware hosting ensures that not only are those data available, in case of server down times, you can quickly back up your data on different servers across different locations thus, securing your data and making it possible for you to have your own data centre accessible by you at any time. This data security therefore ensures that no matter what the condition might be, you have peace of mind concerning your data.

4. Reduced Need for Extra Hardware In situations where you need to install new applications, people who use physical servers often spend a lot of time trying to install on a new server. But with VMware, you do not need all that. You can easily set up and install new applications without worrying about physical servers.

In all, virtualized servers are about the best bargain and cost you far less than you would spend on physical servers. A quick look around will assure you of the veracity of this statement. Therefore, if you really want reliable hosting with failover abilities, then VMware hoisting is the way to go.

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