A financial institution failed to comply with the Payment Card Industry Data Security Standard (PCI DSS). What type of sanction might the organization face as a result?
Gaining recognition through certification
Offering additional security training to employees
Monetary fines are a common sanction for failing to comply with PCI DSS, as regulatory bodies impose fines to enforce compliance. The other options do not represent typical sanctions for non-compliance.
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What are PCI DSS and why are they important?
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What types of monetary fines might organizations face for PCI DSS non-compliance?
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What other consequences might a financial institution face for failing PCI DSS compliance?