Friday, April 5, 2013

Global Web Explains Payment Card Industry Data Security Standards

In the payment processing sector, information security is of paramount importance. With so much at stake during credit card transactions, its no wonder that industry leaders have determined standards for payment security. Here, Global Web, a top-tier payment processing company, explains the basic logic behind PCI DSS--Payment Card Industry Data Security Standards.

When you send information online to complete a transaction, all your information is kept secure and confidential thanks to various security measures set in place by industry professionals. Organizations such as Global Web, which handle sensitive credit card information, must adhere to certain security standards. Here, Global Web, a global payment processing company, briefly outlines the kind of thinking that goes into building structures that secure transactions.

  1. Create a secure network
    1. Install firewall so as to prevent hostile entities from breaking into your system
    2. Install and consistently update anti-virus software
    3. Do not use generic systems for passwords--rather, create a unique structure
  2. Shield card holder data
    1. Encrypt the cardholder's information when it is being transmitted through public networks.
  3. Prevent unwanted access to card holder’s information
    1. Allow entrance only via a secure username and password
    2. Create an identification code for each person who accesses the network
    3. Ensure that the card holder’s information cannot physically be accessed
  4. Test your network on a consistent basis
    1. Conduct regular system security tests
    2. Monitor access to cardholder information and resources.
  5. Uphold a policy for data security
    1. Create and enforce a policy that addresses data security for your employees and your contractors.

Hence, professionals in the payment processing sector build software that ensure the safety of all parties involved in transactions--consumers, merchants, banks, third party card processors and more. The vital importance of building and maintaining security networks is evident in the fact that technology is ever evolving to meet likewise evolving threats. Global Web, a leading payment processing company which can manage even risky merchant accounts, has been and will continue to provide clients with unsurpassable technology and comprehensive consultation services.

About Global Web
Global Web was launched in 2007, and its mission is to provide clients with the most advanced, secure subscription processing services and products available in today’s market. The company is constantly staying ahead of the game by further developing its information security technology.Global Web may be contacted at (877) 855-1753 or via Facebook, Google+ or Blogger.

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