Common Misconceptions That Can Cost You Money

“PCI compliance is too expensive.”

While PCI compliance can be costly, the financial risk of a compromised card database is far greater. Pointe Solutions specializes in finding cost-effective solutions to achieving compliance, such as outsourcing selected functions. Pointe Solutions has found that 50% to 60% of PCI functions can be outsourced without losing control and at a fraction of the cost of outsourcing an entire application. (see case study)

“If my self-assessment shows me in compliance, I’m probably OK.”

In our experience, self-assessments performed by company employees often conclude that the company is PCI-compliant for approximately 80% or more of the assessment questions, when in fact they are compliant with 20% or less of the questions. This false sense of security can lead to extensive fines from card companies or financial losses if your systems are compromised. Pointe Solutions helps smaller companies with their self-assessment to ensure conclusions are accurate.

“PCI doesn’t apply to me because my transaction volume is too small.”

Compliance with PCI DSS is vital for every company who accepts payment cards, because keeping the customer’s card data secure is critical to retaining their trust. Your annual transaction volume will determine the specific compliance requirements that must be met. Pointe Solutions helps large and small companies navigate the complex requirements of PCI compliance.