IT Services for Automotive Retail
Whatever the size of your automotive dealership group, you need a fast, secure, and efficient infrastructure to support your staff selling and servicing vehicles, backed by a responsive & proactive IT services partner.
The right IT partner will:
We’ve got you covered.
One team + One IT Services plan customized to meet your unique business needs. Read more about our plan here.
A: PCI is a set of security standards put in place 2006 to protect consumers’ credit card information. It mandates that all companies that accept, process, store or transmit credit card, debit card, and pre-paid cards information must maintain a secure environment to protect this data.
The PCI standards are managed by the Payment Card Industry Security Standard Council (PCI SSC), enforced by large payment card brands (American Express, Discover, JCB, MasterCard, and Visa International), and audited by qualified PCI auditors.
In addition, The Federal Trade Commission (FTC) is responsible for regulating consumer privacy and security. This means they could play an additional role in enforcing PCI violation penalties. Learn more here.
In general, PCI compliance is required by credit card companies to ensure that online transactions are secure and protected against identity theft. The current standards can be found here.
A: Every merchant that accepts client credit card payment and processes, stores, and transmits this data must be compliant. Even if you take credit card information over the phone, do not store the data, or work with third-party processors, you must still comply with PCI.
A: Compliance failure increases your risk of a security breach, which can lead to hefty penalties, fines, and loss of your merchant account. If you lose your merchant account, you will no longer be able to process credit card transactions and impact your profitability.
A: There are many costs, on top of PCI penalties, when your company experiences a data breach. According to SecurityMETRICS, these costs include:
- Merchant processor compromise fines: $5,000 – $50,000
- Forensic investigation: $12,000 – $100,000+
- Onsite QSA assessments following the breach: $20,000 – $100,000
- Free credit monitoring for affected individuals: $10-$30/card
- Card re-issuance penalties: $3 – $10 per card
- Breach notification costs: $2,000 – $5,000+
- Technology repairs: $2,000 - $10,000+
- Increased in monthly card processing fees
- Legal fees
- Civil judgments
