PCI Compliance Standards and Nonprofits
PCI Compliance with SafeSave and SecurityMetrics
In today’s digital age, safeguarding your donors’ information should be prioritized to maintain their trust and confidence in your organization. PCI compliance focuses on securing the credit card processing stream, including practices, technologies, and systems for handling, storing, and transmitting cardholder data.
While these standards can be complex to understand and implement, it’s important for nonprofits to adhere to them to help protect donors’ sensitive information and reduce the risks of credit card misuse. DonorPerfect, through SafeSave, proudly upholds PCI compliance standards and undergoes annual recertification.
What is PCI compliance?
Payment Card Industry Data Security Standards, commonly known as PCI compliance, was established by the credit card industry to safeguard cardholder data due to increasing concerns about credit card misuse and security breaches. All organizations accepting credit card payments or donations must adhere to the standards.
Does this apply to my organization?
Every organization that accepts credit card payments or donations is required to comply with PCI standards. The extent of compliance depends on the type and volume of credit card transactions processed.
Compliance is essential
Data security is more crucial now than ever with the rise in data breaches. In the event of a data breach, an organization may face fines, penalties, and other associated costs potentially exceeding $100,000 if not PCI compliant.
Did you know? The number of data breaches tracked in the US has risen by 16.5%. This highlights the importance of ensuring PCI compliance for organizations to safeguard against these types of attacks and protect sensitive data.
*According to a 2021 study by the Identity Theft Resource Center
Benefits of PCI compliance:
- Ensures your supporters’ info remains safe and secure
- Enhances donor trust through displayable badges
- Reduces costly data breaches and associated liabilities
Protect your nonprofit with our free PCI compliance program
DonorPerfect, through SafeSave processing services, reduces your organization’s risks associated with credit card misuse and security breaches. While our technology shields most aspects of credit card data storage, transmission, and processing, your organization still has PCI compliance responsibilities.
We’ve partnered with SecurityMetrics, a leading provider of data security and compliance solutions, to help you achieve and annually retain PCI compliance.
What you can expect:
- Self-assessment questionnaire to help you evaluate your compliance level
- Free quarterly approved vendor (AVS) scans to reduce security breach risks
- Certification badge to guarantee your commitment to security
- Guidance for annual recertification
SecurityMetrics brings expertise and reliability, simplifying the compliance process to minimize your workload. For more information about the program and how it can help your organization, please review this handout.
By combining SafeSave’s technology with your nonprofit’s own PCI compliance efforts, you can effectively protect your donor’s sensitive information and ensure your organization meets industry standards for data security.
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