Why Choose Remote Storage Of Credit Card Data?

Do you store sensitive credit card data on youreffort, and money to stay compliant and up-to-date
company's own internal system? If so, are youwith current security measures. This also implies a
absolutely certain that it is sufficiently protected? Andneed for constant monitoring and management and a
are you really sure that you understand theplan of action in case you do detect suspicious
consequences of suffering a security breach?activities or a full security breach.
The unfortunate thing is that many companies, evenThe unfortunate truth is that in the daily grind of
large national chains, are not properly guarded orregular business, many companies simply don't have
prepared for the consequences of insufficientthe time or resources to devote to data security
security. These companies have spent millions ofthat are, in truth, very necessary.
dollars to implement security measures and still theyThe major benefit of remote storage, then, is that
suffer breaches.you are trusting this information to a company
New solutions were needed to cover some of thewhose business is making sure that it all remains safe.
loopholes that had a tendency to crop up inNothing else gets in the way of securing their
conventional security methods. Remote storage ofsystems because their entire business depends on
credit card data is one of the easier and moreeffectively guarding your sensitive information.
obvious choices for data security.Now consider all the other ways that sensitive
Remote storage of credit card data is also a greatinformation can be compromised on your own
way to meet PCI compliance. The PCI DSS (Paymentsystem. Remember, threats don't just come from
Card Industry Data Security Standard) wasoutside your company. It only takes a single, ethically
developed to help guide companies in their effortsquestionable employee on the inside to cause a lot of
toward implementing sufficient security. Now anyproblems.
company that processes, stores, or transmits creditThere are a couple of requirements in the PCI DSS
card information is required to become PCI compliant,that were created to deal with this very issue. For
but this process can be a time consuming and costlyexample, the seventh requirement states that you
procedure. But remote storage of credit card data ismust "restrict access to cardholder data by business
one solution to a number of the PCI DSSneed-to-know", and the ninth requirement mandates
requirements.that you "restrict physical access to cardholder data."
The first and most obvious benefit to remoteIn any given company there are some specific people
storage of credit card data is the simple fact thatwho need access to this sensitive information. But
criminals can't steel something from you that youunfortunately, in many given companies, many
don't actually have. No matter what security measureunnecessary people have access to this information.
you implement, chances are there's someone outAnd should any of those people happen to have
there just a couple steps ahead of all the currentcriminal inclinations, you could be in a lot of trouble.
security systems. In these cases, they find little holesThese are the people who have physical access to
in the system and, if you aren't on constant guard,your systems, and these are the people who are
they'll get in and cause some serious damage. But ifmost likely to find or steal encryption keys.
there's nothing there for them to take, there's noRemote storage of credit card data is a simple way
reason for them to stick around.to remove this sensitive information from the prying
Which brings up another benefit to remote storageeyes and reaching hands of people who should not
systems. If you're going to store and managehave it. It is possibly one of the best ways to ensure
sensitive information on your own system then youdata security and get closer to PCI compliance.
must be prepared to spend all the necessary time,