If you're wondering exactly what is PCI compliance, the chances are you're one of the many business owners in Australia who've asked themselves this same question. Before answering this question, it's useful to begin by looking at what PCI (and its counterpart DSS) stands for.
Multi-tenant cloud providers might promise greater resiliency, ‘five nines’ uptime and better security than some in-house managed infrastructure, but organisations would be wise not to assume the provider has covered all bases.
Optus has been awarded PCI DSS compliance for its Business SmartPay system, making it the first telco to achieve such a status in Australia and New Zealand.