Ecommerce's Top Secret to Effortless PCI DSS Compliance
The Importance of PCI DSS Compliance
Non-compliance with PCI DSS can lead to severe consequences, including hefty fines, damage to your brand reputation, and potential legal action. According to a study by IBM, the average cost of a data breach in 2023 was $4.45 million1. This highlights the financial risks associated with inadequate data protection measures. By prioritizing compliance, you not only avoid these costs but also enhance customer trust, which can lead to increased sales and customer loyalty.