What is likely to happen if PCI requirements are not maintained?

Failing to maintain PCI (Payment Card Industry) requirements significantly increases the risk of data breaches. PCI compliance is designed to protect cardholder data by enforcing strict security measures for devices and systems that handle payment information. If these requirements are neglected, vulnerabilities can be exposed, making it easier for cybercriminals to exploit these weaknesses to access sensitive financial information.

This can lead not only to financial losses for the business due to fraud and penalties but also to damage to its reputation and customer trust. Customers expect their data to be handled securely, and any breaches can severely undermine that trust. Therefore, maintaining PCI compliance is crucial for minimizing the risks associated with data security.