Welcome!

Machine Learning Authors: Liz McMillan, Yeshim Deniz, Pat Romanski, Elizabeth White, Corey Roth

News Feed Item

New White Paper From Prologic Provides Step-by-Step Guide to PCI Compliance for Fashion Retailers

- Prologic White Paper, 'The Challenge of PCI Compliance for Multi-Channel Retailers', http://tr.im/zlmm Explains the Need for an Integrated PCI Strategy to Ensure Business Efficiency and Customer Satisfaction

LONDON, September 24 /PRNewswire/ -- A new White Paper, entitled 'The challenge of PCI compliance for multi-channel retailers' by fashion business systems provider, Prologic http://www.prologic.com highlights the dangers of taking an un-integrated, quick-fix approach to PCI compliance. The White Paper http://tr.im/zlmF provides a step-by-step guide to PCI compliance for fashion retailers who are looking to achieve low-cost PCI compliance without compromising the increasingly important multi-channel business world.

PCI compliance for fashion retailers is essential as failure to comply with PCI standards exposes a retailer to two types of liability:

    
    - The contract with the card issuer provides for substantial penalties
    and, more significantly,

    - Retailers are subject to "charge-back" liability for damages suffered
    by the card issuer as a result of a data breach.

These losses sustained by card issuers include not only the fraudulent charges made on the accounts of the victims of identity theft, but also the administrative costs associated with the issuance of new cards to customers whose personal information may have been compromised. As a result, these costs can be significant. Add in the damage to reputation associated with the loss of customer card details, and the importance of PCI compliance becomes clear.

Commenting on the options available to mid-sized retailers looking to ensure PCI compliance, Sam Jackson, chief executive of Prologic says, "One route is to buy pre-packaged payments systems, such as handheld Chip & PIN devices and off-the-shelf web payment gateways, that are already compliant. However, whilst this simplifies the compliance process it can also constrain the business. Many retailers have worked hard to achieve an integrated multi-channel business model. Therefore, adopting these simple, separate payment systems can be a retrograde step which takes retailers back to a less integrated business model, or prevents them moving toward one."

Jackson continues, "The best strategy to ensure PCI compliance for multi-channel retailers is to work with a vendor that has integrated multi-channel solutions and has already embarked upon a Level 1 PCI compliance process for the entire end-to-end suite. With this approach, the onus is on the vendor to ascertain the underlying software, hardware and wide area network components required to gain and maintain PCI compliance. This model not only ensures that retailers retain the benefits of an integrated multi-channel strategy but also have a fast track, low cost route to PCI compliance, not just today but for the future where an integrated approach to multi-channel trading will become ever more important."

The Prologic White Paper, 'The Challenge of PCI compliance for multi-channel retailers' provides practical advice and guidance to retailers looking to adhere to the latest PCI standards and covers a number of key issues including: the different levels of PCI compliance, the six major categories within the PCI framework, within these six categories the 12 requirements that address particular technical issues and web application security, the limitations of pre-accredited PCI solutions and the benefits of an integrated PCI approach.

Jackson continues, "PCI compliance for fashion retailers is not a one-off issue; it requires an annual audit or self-assessment. Indeed, the payment card industry is in an endless arms race with the hackers and fraudsters. As the criminals get ever more sophisticated, PCI and retailers have to up the ante and implement ever more sophisticated security standards. So opting to retrench today by casting out all the benefits that integrated technology can bring in terms of efficiency and improved customer service may solve the immediate PCI problem. But it is a short term fix that will be at the expense of future business efficiency and customer satisfaction."

Jackson concludes, "Fashion businesses are moving ever more deeply into integrated multi-channel retailing. Those who have adopted ad-hoc systems to get round short term PCI problems will sooner or later need to reintegrate their systems to compete with the market leaders. The best of both worlds is low cost PCI compliance for fashion retailers without compromising the increasingly important multi-channel business model." The White Paper, 'The Challenge of PCI compliance for multi-channel retailers' is available free of charge. Business managers and directors can download a copy of the White Paper from http://tr.im/zlmm

About Prologic

Stock market-listed, Prologic is a specialist provider of software, services and consultancy to the fashion & lifestyle sector. The company's enterprise software application, CIMS, is a web-deployed, single solution, multi-channel business system designed to meet the complex needs of the sector. Modules include planning, merchandising, store systems, sourcing, warehousing, wholesale, franchise, eCommerce and reporting.

Prologic's approach of delivering its software as a single version, single database product, based on continuous customer-driven improvement, provides distinct advantages over the traditional practice of interfacing disparate point solutions.

With a track record extending over two decades, Prologic has supported the growth of many of the UK's best known and most successful brands. Customers include Aquascutum, Fat Face, Hobbs, Liberty, Paul Smith, Ted Baker, TM Lewin, White Stuff and many other high street names.

    
    For further information, please contact:

    Will Gardiner       Manuela Spinnler
    itpr                Head of Marketing
    +44(0)1932-578800   Prologic plc
                        +44(0)1442-876277

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

CloudEXPO Stories
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
"MobiDev is a Ukraine-based software development company. We do mobile development, and we're specialists in that. But we do full stack software development for entrepreneurs, for emerging companies, and for enterprise ventures," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Digital Transformation is well underway with many applications already on the cloud utilizing agile and devops methodologies. Unfortunately, application security has been an afterthought and data breaches have become a daily occurrence. Security is not one individual or one's team responsibility. Raphael Reich will introduce you to DevSecOps concepts and outline how to seamlessly interweave security principles across your software development lifecycle and application lifecycle management. With these new automated application security methodologies, organizations will be able to minimize their risk with digital transformation & migration to the cloud, comply to new regulations, and prevent data breaches from ever happening.
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will detail these pain points and explain how cloud can address them.
Your job is mostly boring. Many of the IT operations tasks you perform on a day-to-day basis are repetitive and dull. Utilizing automation can improve your work life, automating away the drudgery and embracing the passion for technology that got you started in the first place. In this presentation, I'll talk about what automation is, and how to approach implementing it in the context of IT Operations. Ned will discuss keys to success in the long term and include practical real-world examples. Get started on automating your way to a brighter future!