GRC Solutions for Retail

Streamline and automate your approach to PCI compliance to reduce costs and improve visibility at the business level.

Credit cards have become the payment method of choice for consumers, initiating new opportunities for fraud and identity theft. Fragmentation of the payment process across multiple entities (merchant, service provider, credit processing entity, etc.) creates numerous entry points for fraudsters to access and misuse customer information. As a result, the Payment Card Industry (PCI) program has placed significant pressure on retailers to establish solid enterprise-level security programs.

The PCI Data Security Standard (DSS) offers a unified set of security requirements for all credit card types, as defined by Visa and MasterCard and endorsed by other major credit cards. This program provides a clear set of security standards to follow in order to reduce the risk of credit card and identity theft. Retailers that fail to comply may lose their ability to participate in credit card processing programs, which could greatly impact their ability to conduct business.

Costs associated with demonstrating PCI compliance can be substantial, and those companies that can reduce these costs and transition the compliance effort into an operational facet of their business will be much more successful. The challenge lies in meeting PCI requirements in the context of the business and clearly articulating control infrastructures. An extensible framework for managing control definition and compliance measurement and reporting allows retailers to efficiently and effectively ensure compliance.

Archer GRC Solutions for PCI

Archer’s governance, risk and compliance (GRC) solutions provide out-of-the box policies, standards and procedures along with assessment surveys that allow your organization to streamline the compliance process, automate assessments and lower test costs. Archer allows you to jumpstart you PCI compliance program by conducting continuous, automated assessments internally or with third parties and by providing the insight and information required to manage and mitigate risk.

With Archer, you can:

• Take advantage of the Archer GRC Content Library, which includes policies, control standards, procedures and assessment questions mapped to the PCI DSS
• Decrease the time to conduct PCI self-assessments from weeks to days
• Streamline and automate control testing, analysis and findings remediation
• Report PCI compliance at the business level with comprehensive dashboards and reports

Archer PCI Compliance Webcast

To learn more about how Archer GRC solutions can help you streamline and automate your approach to PCI compliance, we invite you to view our recorded PCI webcast at your convenience. You can access the webcast at Archer Solutions for PCI Compliance.

About the Archer GRC Solution Suite

Archer Technologies delivers out-of-the-box, fully integrated solutions that allow your organization to implement a best-in-class enterprise governance, risk and compliance (GRC) program. Built on the flexible Archer SmartSuite Framework, these solutions empower you to implement consistent, efficient and sustainable processes for managing the lifecycle of corporate policies and objectives, analyzing and mitigating risks to your business, and demonstrating compliance. With Archer, you can automate, measure, validate and report at every step of your GRC initiatives, ultimately reducing costs and increasing transparency enterprise-wide.