Read the first part of this blog post by clicking here.
How to Comply?
You will need these requirements to comply with the PCI Level 1:
● Submission of an Annual Report on Compliance (ROC) by a Qualified Security Assessor (QSA)
● Quarterly network scan by an Authorized Scanning Vendor
● Complete Attestation of Compliance form
Merchants must also disclose the findings of their audit to their "acquiring bank."
The SSC defines it as "an entity, usually a financial institution, that handles payment card transactions for merchants and is identified by a payment brand as an acquirer. Pay brand rules and procedures governing merchant compliance apply to acquirers.”
Easy Way to Comply
When it comes to implementing the required encryption standards, using a level 1 third-party PCI DSS payments service provider will relieve a lot of the burden on your company. Working with an already existing PCI DSS compliant company to outsource and descope your payment services would enable you to exclude your company’s network and the environment from the PCI DSS domain.
You Will Still Need a Strong Data Security
You are still solely responsible for the general protection and safety of all data you collect, handle, store, or send. That is why you must still perform the quarterly network scan and annual Attestation of Compliance.
It’s critical to choose a level 1 payment processing provider that can deliver the best service available while still having the necessary qualifications and qualifications to prevent any potential complications.
Conclusion
PCI Level 1 compliance is the highest level of compliance. Merchants also need to have over 6-million Visa transactions per year. Having this compliance ensures that the company can store, transmit, or process credit card data at the highest standards.
PCI Level 1 compliance is the highest level of compliance. Merchants also need to have over 6-million Visa transactions per year. Having this compliance ensures that the company can store, transmit, or process credit card data at the highest standards.