The Hermann Area Chamber of Commerce is sponsoring a presentation Wednesday that every business owner, or the person who manages their electronic payment systems, should attend.
By now you've probably heard about the current efforts initiated by Visa, MasterCard, and other leading companies in the credit card industry to promote and mandate improved security measures for the handling of payment card data. The Hermann Area Chamber of Commerce recognizes that the mass communications on this topic can be overwhelming and confusing. We are committed to try and give you some no nonsense guidance on this topic.
The official set of data security standards for businesses to follow is called the Payment Card Industry Security Standards Council (PCI). These standards are designed to help protect sensitive payment card data from fraudulent use. All businesses that handle payment card data, including software companies, processors, and merchants of all sizes are required to comply with the PCI standards. Those who do not take the necessary steps could lose the ability to do business with payment cards, or in the event of a data breach, risk being held financially liable.
What does this mean to you? For starters you should learn more about the PCI-DSS and the changes you may need to make for your business to be in compliance. To assist your business in moving toward PCI compliance, we have invited a keynote speaker, Mr. Tim Burton from Eliot Management Group, to address this matter and answer any questions you may have. Please join us on Wednesday, February 23, 2011 from 1:00 p.m. to 2:00 p.m. at the (Hermann Community Center/City Hall on West 18th Street in Hermann). You won't want to miss this opportunity to receive key information on how to get started with the process.
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