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How Booth & Partners Keeps Your Data Safe by Being PCI Compliant

07-11-2022 09:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Booth & Partners

Booth & Partners is now a PCI-compliant vendor. It is now more equipped and prepared to handle online payment card transactions for its customers. The company helps businesses protect the interests of their clients through a three-step process that involves scoping, assessing, and reporting.

By adhering to PCI compliance, Booth & Partners becomes better secured against cyber-attacks, security breaches, and data breaches-all of which are critical in today's business landscape.

About PCI DSS
The PCI Security Standards Council (PCI SSC) established rules in 2006 to guarantee that all businesses that handle, store, and transfer credit card information do so securely. To assist companies in accepting payment card data responsibly, the SSC offers a comprehensive framework, tools, and support services.

Originally intended for merchant processing, the PCI (Payment Card Industry) eventually extended these regulations to include encrypted online transactions. The PCI DSS (Payment Card Industry Data Security Standard) is today's foundation of every credit card company's security procedure.

When credit card information is not encrypted, it is more likely to be stolen. Hackers can then utilize the cardholder's sensitive information for various fraudulent actions, including identity theft. PCI compliance requirements help prevent fraudulent conduct and limit data breaches by keeping cardholders' data safe.

About PCI Compliance Standards
PCI compliance is an industry requirement. Those that do not comply risk being punished for contract violations and negligence. Moreover, those who do not follow its standard are also more exposed to data breaches, which may lead to theft or fraud.

One high-profile security breach is all it takes to lose a customer's loyalty, ruin a company's brand reputation, and destroy the public's faith in its ability to secure sensitive credit card information. Data breaches may result in litigation, insurance claims, canceled accounts, payment card issuer fees, and government fines.

Constant protection of cardholder data through PCI compliance helps guarantee that customers do not lose money. PCI compliance also adds to the safety of the global card data security solution. It is a continuous procedure that helps avoid future fraud and other security breaches.

Booth & Partners
Address: 15th Floor, Citibank Center Building, 8741 Paseo de Roxas Avenue, Makati, Metro Manila
Email Address: hello@boothandpartners.com

About Booth & Partners
Booth & Partners is committed to building trusting connections with its partners and workers, uplifting the communities in which they do business.

Booth & Partners assists companies in gaining greater flexibility and improving their working practices. It helps companies stay ahead of the competition by revolutionizing operations. Whether the company is a startup or a global enterprise, Booth & Partner's customized outsourcing and HR solutions give high-quality outcomes at lower operating costs.

To learn more about their services and offerings, visit Booth & Partner's website: https://boothandpartners.com/

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