Companies that store credit card data expose themselves to a great deal of risk, whether they want to or not. If a risk assessment process is implemented, then the risks and exposures are identified. A plan can be put into place to help reduce or minimize a data breach attempt. As Knowledge Center contributor Mark Johnson explains here, to remove the risks associated with storing credit card data, companies are turning to trusted third parties who have demonstrated data security as a core competency.
– Companies that follow best practices in data security have a risk assessment program. As outlined by the United States General Accounting Office (GAO), risk assessments quot;provide a basis for establishing appropriate policies and selecting cost-effective techniques to implement these policies. Si…