VikingCloud, a cybersecurity and PCI-compliance company, is collaborating with Fiserv Inc. to make Mastercard Inc.’s Compliance and Validation Exemption Program available to small and mid-size businesses.
Announced earlier this year, Mastercard’s C-VEP exempts eligible merchants from complying with the Payment Card Industry Data Security Standard and validating their PCI-DSS compliance to Mastercard annually. VikingCloud and Fiserv in February announced their partnership to provide cybersecurity solutions to small businesses.
Small merchants are increasingly becoming a target for cybercriminals, as they are typically not prepared to defend themselves against the increasing sophistication of cyberattacks, VikingCloud says. A recent report by VikingCloud on the preparedness of these businesses to defend against cyberattacks reveals that just 29% of…