Apr 22, 2013
PCI compliance is a must-have for modern nonprofits operating on multiple channels and platforms. Charities are searching for new ways to reach donors such as social media and emails. Establishing an informative website and interactive social media presence can help a nonprofit reach a wider audience of donors to increase contributions, traffic to online donation pages and awareness in the community. However, protecting these interactions is vital for charity success, so PCI compliance must be maintained to keep operations running smoothly.
Dark Reading outlined some common compliance errors nonprofits may encounter when they launch online payment processing platforms for the first time and are confronted by external threats. Some nonprofits, for example, have limited resources and manpower to monitor online activities. These organizations may only learn the bare minimum about PCI compliance and the extent of the standards on various channels. Just learning the bare minimum can leave several loopholes in a nonprofit's security strategy that may result in a costly breach or fines.
Furthermore, PCI compliance standards are often viewed as strict rules for how to protect an online payment processing platform. The standards, however, should be seen as basic guidelines that organizations should build upon to ensure all portals are protected and loss potential is minimized, the source reported.
Some organizations are outsourcing their security functionality to third party providers who are well-versed in PCI compliance and other protections to keep all channels safeguarded. By outsourcing the tasks, nonprofits can make better use of available staff to engage audiences and support the cause. The experts can provide guidance and best practices for how to keep donor information and organization networks safe while operating with limited resources.