How PCI Compliance Reduces Data Breach Risks

Payment card industry (PCI) compliance can be a daunting subject for many nonprofits, but maintaining compliance is an important precaution to protect your organization’s reputation and fundraising goals. Today, data breaches are increasingly common. There are 5,113,159 records lost or stolen every day, and in 2016 63 percent of nonprofits suffered at least one breach. For nonprofits, the threat of a data breach includes loss of reputation with donors, and potentially six figure fees to cover the cost of audits performed by the payment card industry.