Cut PCI Compliance and Audit Costs in Half

Seven steps to aggressively simplify and secure what really matters.

Unlock

This content requires an active subscription.

Access this content by logging in with your Info-Tech Research Group membership or contacting one of our representatives for assistance.

Speak With A Representative Sign In
or Call: 1-888-670-8889 (US) or 1-844-618-3192 (CAN)

Your Challenge

  • Many merchants still have not addressed their PCI compliance obligations, or if they are currently in the middle of the process (or even completed it), are unaware of how to do it in a cost-effective way and get bogged down in the details.
  • Organizations need to understand the options available to them to simplify PCI compliance while still meeting the criteria.

Our Advice

Critical Insight

  • Organizations need to realize that focusing on compliance over security doesn’t actually address the risks they face.
  • The focus should be on securing what is absolutely necessary, which means that holding onto credit card information may not be required.
  • PCI compliance is not just about technology. Organizations need an action plan that combines technology, policy, and training and awareness to ensure compliance success.
  • PCI does not just belong to one department – it is an organization-wide responsibility, from finance, to IT, to employees who are at the forefront of actually handling the transactions.

Impact and Result

  • Understand what your organization needs in regards to achieving PCI compliance, and use that information to find opportunities to simplify.
  • Creating an action plan that involves all related parties ensures that everyone starts off on the same page and cooperatively tackles compliance as a team, rather than disjointed parties. Organizations will find more success with a group effort.

Contributors

  • Morgan and Pottinger
  • ALON USA
  • Service Repair Solutions Inc.
  • East Central Energy
  • City of Calgary

Get the Complete Storyboard

See how all the steps you need to take come together, with tools and advice to help with each task on your list.

Download Now

Get to Action

  1. Understand the importance of becoming PCI compliant

    Understand the effects of remaining non-compliant, and what it costs to reach compliance.

  2. Record compliance-related information and identify opportunities to do compliance better

    Use the capture tool to identify gaps and opportunities, as well as specific strategies that work best with your organization’s requirements.

  3. Review 12 PCI Core Requirements

    Review each requirements and the key actions you need to take to address them.

  4. Determine Simplification Strategy and Communication Plan

    Create a communication document to properly inform stakeholders and secure their buy-in. Document and maintain all PCI related information in one central location.

Guided Implementation icon Guided Implementation

This guided implementation is a four call advisory process.

  • Call #1: Evaluate your current state

    Know what you are working with: Do you know where your security policies are? How about past audits completed? Understanding what your organization is doing in regards to compliance, even if you’re not in IT, is vital to your compliance success.

  • Call #2: Understand PCI requirements & prioritize your compliance gaps

    PCI has 12 core requirements surrounding recommendations for topics like firewalls, maintaining a security policy, and more. Map your problem areas to these requirements to determine gaps.

  • Call #3: Identify your PCI simplification strategies

    Now that your priorities are established, it’s time to discuss what your next steps are in achieving compliance in your gap areas. We’ve broken it down into four tactic areas that will address your compliance needs.

  • Call #4: Build a Simplification Launch Plan

    Communicating PCI compliance to the broader organization is almost half the battle. Prepare a communication plan for stakeholders, and training and awareness for employees, to ensure everyone is on the same page.

Onsite Workshop

Module 1: Evaluate your current state and gap analysis

The Purpose

After completing this section, you will understand:

  • The goals you have established in relation to this project.
  • What’s a stake if you do not prioritize PCI compliance.
  • Your current state in relation to PCI and security policies and procedures.
  • The gaps that are preventing you from being successful at compliance.

Key Benefits Achieved

You will identify key opportunities within policy and procedural gaps to improve compliance practices.

Activities: Outputs:
1.1 Getting started and goal setting
  • PCI compliance goals
1.2 Evaluate your current state
  • Sneak Audit
1.3 Map 12 PCI core requirements to your current state
  • PCI Simplification Action Plan

Module 2: Determine Simplification Strategy & Communication Plan

The Purpose

After completing this section, you will understand:

  • The gaps that exist in relation to the 12 PCI requirements.
  • A prioritization plan on how to tackle the gaps.
  • How to effectively communicate PCI processes to stakeholders and employees.
  • How to document and maintain PCI related information in an Action Plan.

Key Benefits Achieved

Having completed this module, you will be able to:

  • Track gap remediation progress, and have a process in place to identify gaps on an annual basis.
  • Communicate any changes related to PCI to key players and obtain buy-in.
  • Train employees to effectively handle and manage transactions and PCI-related information.

Activities: Outputs:
2.1 Complete gap prioritization
  • PCI Simplification Strategy
2.2 Identify PCI simplification strategy
  • PCI Simplification Action Plan
2.3 Develop a PCI Simplification Launch Plan
  • Communication Plan
  • Training and awareness resources

Workshop Icon Book Your Workshop

Onsite Workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn’t enough, we offer low-cost onsite delivery of our Project Workshops. We take you through every phase of your project and ensure that you have a road map in place to complete your project successfully.

Book Now
GET HELP Contact Us
×
VL Methodology