What are the penalties for non-compliance with the PCI standards?

May 25, 2018 in PCI Standards

Validation and enforcement is the responsibility of the acquiring financial institution or payment processor.

For each instance of non-compliance, these organizations levy various penalties onto merchants and service providers which can include:

1. Increased transaction processing fees
2. Fines of up to $550,000 for serious breaches
3. Suspension of credit card transaction processing abilities

Sectigo HackerGuardian provides a range of services that make PCI compliance easy.
Find out which service is right for you by visiting the HackerGuardian website