|
|
 |
 |
|
| Risk Management | | | Visa Payment Security Services (VPSS) | |
What is VPSS certification?
 | The VPSS Certification Program is a security and operational review service developed specifically for Visa members, their service providers and merchants. The review involves the in-depth assessment of all aspects of payment security such as:
- Information security
- Data quality management
- PIN security
- Operational controls
- Compliance with Visa International Operating Regulations (VIOR)
|
Why you need VPSS security certification?
Tighter security benefits everyone. A security review is an investment, not a compliance cost. It is difficult to quantify the return on investment for a review, as it has no direct impact on the bottom line. However, the cost of not doing the review is massive. Any merchant that has suffered an attack that resulted in an account data compromise knows from hard experience the unpleasant consequences of a security breach:
- Financial losses;
- Reputation damage;
- Exposure to legal risks resulting from violating the privacy of cardholders;
- Loss of business opportunities as a result of lack of trust;
- Impact of downtime resulting from attacks; and
- Potential payment scheme penalties or termination of facility
Does this program apply to you?
If you deal with cardholders and handle cardholder information in any way, then yes!
The VPSS Certification Program is designed to protect service providers and merchants who are involved in the Visa payment process from the increasing risk of attack. Members can also use VPSS Certification to verify that their organization adheres to the most advanced payment security standards and to help protect themselves against security attacks.
| |
|
|
|
