SearchSecurity’s Marcia Savage put together a great summary and industry response to increased PCI requirements announced last week by MasterCard.
The new rules, she reports, will mean that merchants processing between one and six million transactions annually will, or Level 2 merchants, will be required to use a PCI-approved auditor to complete an annual onsite data security assessment by Dec. 31, 2010.
MasterCard estimates that “fewer than 2,000 merchants will be directly affected by the revised rules” according to the report.