September 2019
Intermediate to advanced
58 pages
58m
English
The consequences of a data security breach are likely to be proportionate to the seriousness of the breach and the extent to which the merchant or service provider is able to demonstrate prior compliance with the PCI DSS. The penalties can be any or all of the following:
•A significant cost for a forensic investigation.
•The merchant automatically becoming a level 1 merchant (i.e. yearly on-site audits).
•A possible charge by issuer(s) to acquirer(s) for card reissue, which may be passed on to the merchant.
•The merchant may lose its ability to accept payment cards.
•Transaction costs may be increased.
•Service providers may be removed from listings by the payment brands.
•Merchants or service providers may ...
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