PCI Compliance Business Challenges
Are Simplified by Managed Hosting Providers
PCI DSS compliance is a complicated issue, but one that all businesses involved in storing, processing or transmitting cardholder data must address. And when the 12 separate PCI requirements with more than 200 security controls are dropped into the laps of your IT staff, the road to achieving PCI compliance certification can appear to be a truly daunting responsibility. Hence, enlisting assistance from a PCI compliance managed hosting provider has become a growing trend.
The rewards from seeking PCI compliance help from an expert managed hosting provider are clear and monumental.
Business Challenge: Limited Budget
Managed Hosting Advantage: No capital expenditure needed.
The cost of PCI compliance decreases significantly by leveraging a managed hosting provider's existing data center infrastructure that has already been audited.
Business Challenge: Limited Internal Resources
Managed Hosting Advantage: Offload significant time demands from internal staff.
Shifting duties to an outside PCI compliant hosting provider frees up your technical staff to work on other core business objectives.
Business Challenge: Aggressive PCI Compliance Timeline
Managed Hosting Advantage: Majority of PCI requirements in place.
A managed hosting provider can help you achieve expedient PCI compliance validation and quick ROI, because all the standards, precautions, security and support required by the PCI DSS are already in place.
Business Challenge: Unfamiliar with the Audit Process
Managed Hosting Advantage: Extensive understanding of PCI compliance reporting requirements.
A managed hosting provider can educate you on the PCI DSS reporting requirements that will be scrutinized by the PCI compliance QSA (qualified security assessor), and knows how to most efficiently work with the PCI compliance auditors to achieve your ROC (Report on Compliance).
Business Challenge: Potential Fines
Managed Hosting Advantage: Avoidance of hefty fines and financial penalties of non-compliance.
Working with a PCI compliant managed hosting provider protects your business from financial penalties associated with non-compliance, and possible permanent expulsion from card acceptance programs.
[GSI's] depth of security expertise proved instrumental throughout the validation process – making it a much more expedient process than it otherwise would have been.
- Greg McGraw, President/CEO
CRE Secure
The list is long and impressive. The primary benefit of entering into a PCI compliance hosting contract, however, is the confidence you gain, knowing that your compliance is taken care of with rock solid security around your customers' data. By working with a PCI compliant service provider, you can ensure the cardholder account data being processed across your system environment and managed servers is protected.