It’s one of the busiest times of year for retailers, as Black Friday sales wind down and holiday sales ramp up. This year, more consumers are skipping the shopping trip in favor of ordering online. However, delivery services and retailers alike are posting cautionary messages: your order may be delayed.
It’s true: cautionary measures are pushing back fulfillment, shipping, and delivery dates.
Cautionary measures are also in place as consumers input their payment information, whether in person, online, or even over the phone. That’s a lot of personal data traveling through cyberspace, which can make the perfect gift for hackers.
Data Security Compliance for Retailers
One of the compliance regulations that controls how merchants and others handle credit card data is PCI DSS, which was established to prevent, detect and react to unauthorized access to personal payment information. The standards are strict, and penalties can be stiff. But this security requirement can keep data safe from potential hackers.
The challenge comes when retailers, overwhelmed during the busy shopping season and with never-ending orders to fulfill, prioritize business operations instead of protecting customer data. And yet, it takes only one misstep to open the doors to a data breach.
Related Reading: 3 Data Breaches That May Have Been Avoided with PCI DSS Compliance
That's why it's critical that retailers and other organizations who handle credit card information regularly assess their data protection policies and processes. Implementing effective encryption and data transfer tools that can automate processes helps to keep data secure – and retailers can focus on keeping their customers happy.
Secure Your File Transfers to Meet Data Security Requirements
Nearly 80 percent of organizations are not compliant with PCI DSS. That means, if you’re reading this, there is a good chance that your company needs to adjust its payment processing infrastructure.
Maintaining compliance with any requirement, including PCI DSS, can be difficult. But the right solution can simplify your processes and keep you compliant year after year. A managed file transfer (MFT) solution can help with your PCI DSS compliance. Through PCI-mandated encryption and secure file transfer protocols, plus features like controlled access to sensitive cardholder data and built-in audit reporting, GoAnywhere MFT can help you become or remain PCI DSS compliant.
Related Reading: Meeting PCI DSS Requirements with GoAnywhere (datasheet opens in new window)
PCI DSS compliance requirements will continue to evolve, but with a robust solution like GoAnywhere on your side, your organization can meet current requirements while laying a strong foundation for future security enhancements.