PCI Compliance & Why We Need It
More than 98.2 million individuals were impacted by the 10 biggest data breaches in the first half of 2021. In 2023 that number rose to 349 Million and jumped again to 5.5 Billion on 2024! Data breaches continue to soar and have caused a lot of our merchants to call in and ask more questions about PCI Compliance. Could this happen to me? Is my business compliant? Do I need to do anything else to make sure my customers’ cards are protected? We have seen PCI Compliance go from an unknown, fee-related issue to a very critical part of making sure businesses are insulated from breaches and fines. Instead of merchants asking questions like ‘WHY do I have to be compliant, they are now asking questions like ‘HOW do I protect myself and