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PCI Assurance Plan

MAXIMUM PROTECTION to help reduce your business liability and safeguard you and your customers’ sensitive data.

NCMIC is pleased to bring our valued merchant customers the PCI Assurance Plan to help reduce your business liability and safeguard you and your customers’ sensitive data. The PCI Assurance Plan is offered through Security Metrics, recognized as the industry leader in providing security and compliance solutions to merchants across the globe.

As our valued merchant customer, you’re automatically enrolled in the PCI Assurance Plan, annually on July 1, however you must still become PCI-DSS compliant—a requirement of the major credit card issuers to accept credit cards.

To become PCI-DSS compliant today, click here.

What is PCI DSS?

PCI DSS stands for Payment Card Industry Data Security Standards. PCI DSS is set of rules established by the PCI Security Standards Council and enforced by the credit card companies to help avoid breaches and protect consumers from compromises of personal data and credit card numbers. Data breaches are costing credit card companies billions of dollars a year, affecting your rates. Fines can range from $5,000 to more than $100,000.

With the PCI Assurance Plan, you receive the following benefits:

  • PCI-Compliance – Whether you process through a phone line, Internet or I/P connection, you’ll have access to questionnaires and/or network scanning services to help you become PCI DSS compliant.
  • PANscan® Technology – This state-of-the-art software solution is simple, efficient and detects if you are unknowingly storing nonencrypted primary account numbers (PAN) on networks, computers or storage devices. PANs are the primary targets of hackers. Identifying and deleting this information safeguards customer data and reduces business liability.
  • Up to $100,000 in Data Breach Protection – You’ll receive up to $100,000 for each Merchant Identification Number (MID) you process under to pay for forensic investigations, potential chargebacks, notification costs, card replacement fees, regulatory penalties and other fines in the event of a breach or compromise.
  • Technical Support – Call a specialist 24 hours a day/7 days a week to help you with all of your PAN scan needs.
  • One Hour Security Consulting – You’ll receive one hour of free consulting to help you discover the best practices for secure business operations.
  • Data Protection Guide – A guide that you can use to help form a PCI policy and train employees on the dangers of irresponsible card processing.

To become PCI-DSS compliant today, click here.

Questions and Answers – PCI DSS & PCI Assurance Program

Do I need to enroll in the PCI Assurance Program?
No. As a valued merchant customer of NCMIC, you are automatically enrolled, annually on July 1. However, you are still required to become PCI DSS compliant with Security Metrics and be on their schedule to maintain compliance. To start your compliance today, click here.

How do I become PCI-DSS Compliant?
Please call 1-800-437-0712 and choose Option 8 or click here to get started.

Why do I need to be PCI DSS compliant?
PCI DSS compliance is enforced by the credit card associations to help avoid breaches and protect consumers from compromises of personal data and credit card numbers. If your company accepts credit cards or stores or transmits cardholder information, you are required to be PCI DSS compliant.

What is a data breach and how does it happen?
Millions of electronic credit card records are stolen every year and nearly all data losses are the result of hackers finding and exploiting relatively well-known and understood weaknesses (vulnerabilities) in websites, servers or networks. Breaches can also be the result of human error, e.g., lost laptops, inadvertent posting of data on line, misplaced data, etc.

How much are fines in the event of a breach?
Your fines can range from $5,000 to more than $100,000.

Don’t breaches affect only larger businesses?
No. In fact, hackers and thieves know larger business typically have more resources to spend on data security systems, so they are more likely to target smaller merchants.

What happens when a compromise is suspected?
Once a breach is suspected, a team of PCI-DSS certified forensics security examiners may review and inspect business practices. It can take anywhere from a few days, up to one week or more.

What happens during an inspection?
Security policies are thoroughly reviewed and evaluated. Phone lines, computers, modems, routers, servers, workstations, firewalls, software and virus protection are thoroughly inspected. Network service and IP connections are manually tested for security weaknesses.

How much is the PCI Assurance Program?
The cost for all the PCI Assurance Plan benefits is only $36 per account, per year, regardless of the size of your business. Most credit card processors are charging much more for little or no additional protection. Smaller merchants are typically charged more than $100 per year. For larger merchants, costs can be thousands of dollars per year.

What if I just signed up with your program? Will I be charged right away?
If you just signed up to process with us, we have covered your cost through June month-end. Hereafter, the cost is only $36 per account, per year. We encourage you to contact us right away to become PCI compliant and experience all of the PCI Assurance Plan benefits.

What if I’ve verified compliance with an assessor other than SecurityMetrics?
You will still be protected for up to $100,000 in the event of a compromise through SecurityMetrics. We recommend you compare plans and determine whether it is in your best interest to keep your current plan.

Simply completing a questionnaire does not make you compliant. PCI compliance is evolving and you must stay up to date with the latest compliance procedures.

Click Here to Begin Your PCI-DSS Compliance Today

You may also call 1-800-437-0712, option 8 to get started.