Cybersecurity is more important than ever
Companies today are responsible for a wealth of sensitive customer data and information. Yet hardly a day goes by without news of a data breach or a company’s mishandling of its customers’ sensitive information, resulting in various instances of fraud and identity theft. In a world where security practices are now a constant source of scrutiny, companies are looking for ways to ensure that they are compliant with industry security standards, and effectively defending against nefarious actors.
Cybersecurity is the work of protecting systems, networks, programs, devices, and data from unauthorized or malicious access and use. Hackers are vigilant in their focus on exposing security flaws that allow them to obtain and exploit sensitive data. Your company must meet that vigilance with a real commitment to data security. Data breaches are increasingly and unfortunately common — but this does not make them any more acceptable to your customers and prospects.
Companies of all types are susceptible to data breaches — including SaaS enterprises like sales and marketing, HR, team collaboration products, and more. If you gather or store customer data at any scale, you may be susceptible to a data hack. Consider the space in which your company operates and ask yourself: if a breach happens at your company, will your customers continue to do business with you — or will they take their business elsewhere? For B2B companies selling into the enterprise, it is particularly essential that you are actively protecting customer data. As your company grows and you have ever more data under your purview — the costs to your company of a potential data breach increase exponentially.
In this competitive climate, you have a clear opportunity to set your company apart from the competition by leading with strong security and compliance practices.
How can data breaches be avoided? What does it look like to have an effective cybersecurity plan in place? How can a company ensure that it is effectively safeguarding customer data — and communicate this compliance to its customers and prospects?
PCI Compliance Selection Guide
Determine Your PCI Compliance Level
If your organization processes, stores, or transmits cardholder data, you must comply with the Payment Card Industry Data Security Standard (PCI DSS), a global mandate created by major credit card companies. Compliance is mandatory for any business that accepts credit card payments.
When establishing strategies for implementing and maintaining PCI compliance, your organization needs to understand what constitutes a Merchant or Service Provider, and whether a Self Assessment Questionnaire (SAQ) or Report on Compliance (ROC) is most applicable to your business.
Answer a few short questions and we’ll help identify your compliance level.
Does your business offer services to customers who are interested in your level of PCI compliance?
Identify your PCI SAQ or ROC level
The PCI Security Standards Council has established the below criteria for Merchant and Service Provider validation. Use these descriptions to help determine the SAQ or ROC that best applies to your organization.
Good news! Vanta supports all of the following compliance levels:
A SAQ A is required for Merchants that do not require the physical presence of a credit card (like an eCommerce, mail, or telephone purchase). This means that the Merchant’s business has fully outsourced all cardholder data processing to PCI DSS compliant third party Service Providers, with no electronic storage, processing, or transmission of any cardholder data on the Merchant’s system or premises.
Get PCI DSS certified
A SAQ A-EP is similar to a SAQ A, but is a requirement for Merchants that don't receive cardholder data, but control how cardholder data is redirected to a PCI DSS validated third-party payment processor.
Learn more about eCommerce PCI
A SAQ D includes over 200 requirements and covers the entirety of PCI DSS compliance. If you are a Service Provider, a SAQ D is the only SAQ you’re eligible to complete.
Use our PCI checklist
A Report on Compliance (ROC) is an annual assessment that determines your organization’s ability to protect cardholder data. If you’re a Merchant that processes over six million transactions annually or a Service Provider that processes more than 300,000 transactions annually, your organization is responsible for both a ROC and an Attestation of Compliance (AOC).
Automate your ROC and AOC