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01Oct, 2017

What can happen if I choose not to comply with the PCI DSS?

If you choose not to comply with the PCI DSS then you risk:

  • Potentially being fined by your acquiring bank
  • Potentially being restricted from accepting credit cards as a payment method
  • Greater risk of potential financial loss arising from security incidents
  • A system compromise may potentially result in fines and/or restrictions. Whilst data breach reporting is not mandatory at this stage the OIAC does have powers to fine organisations for not adequately safeguarding client’s personal information.

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