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How to keep your financial information secure

Posted on : 03-16-2010 | By : Shannon Otto | In : dues, resources, technology

Tags: , , , ,

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When it comes to your members’ financial information, you really can never be too careful. And with so many technology options for associations out there, it’s difficult to know how to start narrowing down your list.

However, there is one common characteristic every vendor you’re considering should have: PCI Compliance.

Choosing a vendor that has met all six standards for PCI Compliance is the safest way to ensure that all financial information that goes through your database remains as secure as possible.

What does it mean, exactly, to be PCI Compliant? Payment Card Industry Compliance requires vendors to meet six standards:

  • Build and maintain a secure network
  • Protect cardholder data
  • Maintain a vulnerability management program
  • Implement strong access control measures
  • Regularly monitor and test networks
  • Maintain an information security policy

There’s no way to be partially compliant; it’s an all-or-nothing deal.

How did PCI Compliance come about?

Basically, the major credit card companies all agreed on the above set of standards, and they have the power to fine vendors or organizations who aren’t compliant. If your technology vendor isn’t compliant, neither is your organization.

We want to encourage every organization to consider PCI Compliance when choosing a vendor. Even if MemberClicks isn’t the right fit for your organization, it’s crucial to protect your and your members’ financial information by choosing a secure vendor.

For more information on PCI Compliance, click here.

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[...] I’ve written a bit in the past about PCI Compliance, but we take security standards very seriously here. Any entity [...]

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