What You Should Know About GDPR and PCI
Businesses who store their customers’ data are facing stricter expectations and tougher regulations to protect client privacy and data security. Here’s how to make sure your company is compliant.
Have you noticed lately having to acknowledge a privacy statement or accept cookies on your favorite apps and websites? That’s due to GDPR. GDPR, or EU General Data Protection Regulation, is the most consequential change in data privacy regulation in two decades.
Some companies think they are exempt because they aren’t located in the European Union, but if you have any customers from the EU, you need to comply.
You may have also heard about PCI compliance, which applies to all companies that accept credit cards. If you accept credit cards and store client data, you need to store information with a PCI compliant host. PCI (Payment Card Industry) regulations protect your customers’ information and, in turn, protect you.
This article provides a clear explanation for small businesses who want to confirm their PCI compliance.
Take the time to review your compliance today—you’ll protect yourself and your business in the long run. W