PCI Compliance Hosting and Its Value in the Industry

PCI compliance hosting, for some businesses, is soimplemented for their clients' safety. Cases of credit
important that it can make or break their operations.card fraud continue to this day.
This is even more relevant when said businesses relyIn the year 2005, a projected $500 million was lost
heavily on transactions that must be donedue to fraudulent exchanges and transactions. By
electronically, or with the use of card payments.2006, this figure was said to have gone up to some
Since the rules of the Payment Card Industry Data$0.99 billion. The need for safety precautions is
Security Standards (PCI DSS) were established onconcrete.
December 15, 2004, corporations worldwide have hadThese facts serve as a background to how
to adjust in order to meet these requirements.conglomerates have since scrambled to facilitate
Factors for security compliance include, and are noteffective compliance with PCI DSS. It has not been
limited to, protecting the data of the cardholders, theeasy, given that these parameters and rules did not
regular monitoring and testing of networks, andexist ten years ago or more. What emerged to fill
maintaining a vulnerability management program thatthis void were industry expert firms that corporations
can properly address these needs.could consult with for PCI compliance hosting, thus
To the layman, these rules may only seem to be ansecuring their network and giving clients peace of
inconvenience. However, they are for the benefit ofmind.
the companies that must obey them, and are