The PCI Security Standards Council (PCI SSC) is creating a dedicated global taskforce to improve payment data security for small businesses, combating their frequent lack of technical knowledge or resources to apply PCI Standards to protect payment data against cyber-threats
Co-chaired by Barclaycard and the National Restaurant Association (NRA) in the US, the Small Merchant Taskforce will collaborate on guidance and resources to simplify data security and PCI Data Security Standard (PCI DSS) compliance for small businesses.
Companies interested in providing input to this initiative should contact the Council for more information.
Phil Jones, Barclaycard payment security manager, and co-chair of the taskforce issued a statement commenting: “Though incidents of fraud are low, it's small merchants that are particularly vulnerable to attack from hackers. They usually have very limited resources and technical expertise at their disposal, and often lack the necessary tools, information and education to recover and prevent them. Helping these businesses will be a key focus of the taskforce's efforts.”
He continued: “By working together we aim to provide practical ways to help improve the security of smaller merchants, reduce their risks, and make the experience of PCI DSS compliance quicker and less complicated for them.”
The taskforce will rely on cross-industry expertise to develop resources that help small merchants understand why and how to protect payment card data and resolve risks to their businesses.
Troy Leach, PCI Security Standards Council chief technology officer added: “By working with merchants and organisations that have direct relationships with small businesses, such as Barclaycard and the National Restaurant Association, we're redoubling our efforts to improve payment security resources that can ease the process for small businesses.”