We’ve been reminded this last week, thanks to LinkedIn and eHarmony, of how important site security is. Hopefully the reminder will do us, the eCommerce community, some good and keep fresh in our minds how easy it is to let things slip and make ourselves a target. Luckily, for an eCommerce merchant, security is an issue that can be taken care of easily. When shopping for the eCommerce solution software that will help you run your online store and check-out process, simply make sure you go with a hosted cart that is PCI-compliant! If you’re looking to host your store on your own server, only use a cart that is certified PA-DSS compliant by the PCI Security Council. They keep an up-to-date list of these applications at pcisecuritystandards.org.
Online business security is one of the most undervalued features of eCommerce solution softwares. Though PCI-compliance is a mandatory global requirement, surveys report that online business owners are often more concerned about store design and marketing features than they are about security. While design and marketing are very important parts of an online shop, security should be on top of your priorities, as well. You should always remember that as a store owner, you are completely responsible for your store’s security… that means you are completely financially responsible for any breaches in security that might occur. This includes the costs associated with reissuing any credit card information that may have been compromised. Fortunately, when you partner your storefront with a shopping cart solution that is PCI-compliant, you can rest at ease because the company behind the software has already gone through a great deal of effort and done all of the security work for you.
What is PCI-Compliance?
PCI-compliance is a set of stringent standards that strictly regulates any business that deals with credit / debit / atm / etc card information. The goal of PCI-compliance is to protect online merchants, businesses and shoppers by protecting the card holder’s sensitive information and reducing credit card fraud. PCI-compliance is a mandatory global security standard that is set by the 5 major credit card brands (VISA, MC, AMEX, DISCOVER, and JCB). If your online store is not PCI-compliant, you will face fines and be held responsible for any breaches of security.
So… the bottom line is.
In order to protect your customers, your business, and yourself, only choose a shopping cart solution that meets the current PCI-Compliance regulations. Check their certification to make sure it is valid and up-to-date as compliance renews annually. Also, to be especially careful and use the highest levels of protection, look into PCI-DSS compliance for your business. Your customers will feel more secure knowing that you’re protecting them. It’s the right thing to do!