What it Means
The Payment Card Industry (PCI) Data Security Standards is a set of policies and procedures that must be adhered to by any business accepting credit or debit cards for payment. Designed to ensure uniform protection of cardholder data, PCI DSS governs a variety of areas in which to safeguard data, including:
While PCI DSS sets a baseline for security, it is not a one-stop solution. Rather, security assurance an on-going process that can require annual, or even quarterly, testing and reporting.
Why it Matters
Many payment processors assess heavy fines or penalties to business customers that fail to prove that they meet PCI standards on a regular and ongoing basis. If you haven’t paid careful attention to your credit card statement, you may already be paying these fees without even realizing it.
PCI compliance is not just a financial matter, however. Demonstrating your compliance is an important way to show your patients that you care about the security of their personal information, and do everything in your power to protect it.
PCI compliance can also be an important first step in preparing for compliance with healthcare industry regulations such as HIPAA and SOX.
What We Can Do
Rectangle Health is your expert in the payments arena. We stay on top of policy, and work diligently to support you through the often arduous and time-consuming compliance process. With Rectangle Health, your POS systems will be safe from tampering; antivirus software and firewalls will be properly configured and installed; and system weaknesses will be detected.
What You Should Do
Becoming and staying PCI compliant will help you stay compliant with HIPAA and SOX, avoid fines and penalties, and protect yourself from liability should fraud occur. Ask Rectangle Health to assure your complete compliance today.