The Payment Card Industry(PCI) Data Security Standard is a proprietary information security standard for organizations that handle branded credit cards from the major card issuers including Visa, Master Card, American Express and Discover. The PCI Standard is mandated by the card brands and administered by the Payment Card Industry Security Standards Council. It was created to increase controls around cardholder data to reduce credit card fraud and is used throughout the country by all of the organizations which store, process and transmit cardholder data.
Arcadia processes over $6 million per year in Visa and Master Card transactions. Our Certification of PCI compliance is performed annually by an independent external auditing firm who conducts an on-site review. Compliance is also maintained by having an independent outside scanning vendor perform a yearly network scan.
Meeting control objectives
To insure enhanced security the PCI Data Security Standard specifies twelve requirements for compliance, organized into six related groups called control objectives. One important control objective is to prevent loss of cardholder data by encryption of cardholder data when it is transmitted across open, public networks. Another is to maintain a secure network by the installation of a firewall configuration to protect cardholder data.
In addition Arcadia regularly monitors and tests the network by tracking all access to network resources and cardholder data and by regularly testing security systems and processes. Arcadia’s employee work stations maintain the highest security standards: no outside software can be installed and nothing can be downloaded from the Internet. Strong access control measures include strict password policies and a Log In monitor for all employees. And to insure that everything is always up-to-date in the system, Arcadia maintains its own unique Patch Management program.
Maximum customer security
Arcadia is proud that we have achieved the highest standard possible for keeping customer payment card information safe. We are always up-to-date with the latest technology and all security protocols so the entire infrastructure is sound and secure. As a result we are a very attractive option for current and potential customers.
In summary, being Level 1 PCI compliant is a very significant designation for Arcadia Recovery Bureau. It means that Arcadia is held to the very highest standards in keeping our customer’s payment card information safe. To insure that this happens Arcadia utilizes the most up to date procedures and technology in the industry. This enables Arcadia to provide best in class performance and service for all of our customers all of the time fulfilling Arcadia’s commitment of “Pride in Excellence”.