A poll released by Protegrity Corporation, a provider of data security management solutions, found that Payment Card Industry Data Security Standard (PCI) compliance is severely lagging at merchants of all levels despite a growing Internet fraud rate.
During a recent Protegrity webcast on "Accelerating PCI Compliance: Real World Experiences and Strategies" featuring Intuit, respondents were asked what is the status of their PCI compliance efforts, 45 percent said they are in the very early stages of the compliance process, while 19 percent said they have not passed their initial assessment. Only 3 percent said they have passed an assessment.
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