
For the third year in a row, compliance with the standard for storing and transmitting credit card information has plummeted, with the hospitality, retail and financial sectors struggling.
According to data compiled by Verizon based on its own audits of companies in 60 different countries. Companies that were fully compliant with the Payment Card Industry (PCI) standard dropped from 55.4 percent to 27.9 percent between 2016 to 2019. The 2019 figure is the lowest rate of full compliance since 2013.
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