PCI compliance can represent a significant cost for small businesses and startups. However, it’s important to keep in mind that the cost of compliance is always lower than the cost of non-compliance. No business can afford the stiff financial penalties associated with failure to submit the required proof of compliance or the loss of revenue and potential lawsuits that can result from a data breach.

*** This is a Security Bloggers Network syndicated blog from Cimcor Blog authored by Lauren Yacono. Read the original post at: https://www.cimcor.com/blog/how-much-does-pci-compliance-cost-9-factors-to-consider