What should companies that outsource do to prevent credit card fraud?
Posted by China Sourcing CommentatorAug 5
These stories seem to be the solution for several years, this period piece by NASSCOM, the Indian BPO industry alone rose by over 100% [from $ 5. 2 $ 12 billion in 2005. 5000000000 March 2008]. Over the past fiscal year alone, it grew by 32%. Exponential growth was not accidental. This is a mirror image of the client’s trust and confidence in the offshore delivery model, and shows that customers believe that the offshore delivery offers significant value-added, n & # xE4; For example, process optimization, cost reduction and operational efficiency, with the risk adequately managed. As such, in order to combat fraud, the Indian BPO industry in the adoption of some of the highest global standards in ; sitlevad sensitive data and information. One such standard is a payment card industry security standards (DSS PCI), as amended by the PCI Data Security Council decided. PCI DSS version of a comprehensive set of requirements for an improved data security for some of the developed world? Leading Brands, including the down payment Amex, Discover, JCB, MasterCard and Visa to facilitate the broad adoption of the measures are consistent with data protection on a global basis. This is a multifaceted security standard requires that claims a security management policies, procedures, network architecture, software design and other critical protective measures and is designed to help organizations protect , an aggressive customer account information. WNS Global Services, such as the PCI DSS requirements in order to provide our customers with their information protection and readiness to ensure that sensitive information like credit card industry to consider, evaluate, L & # xE4; concern economic activities, and to keep in a safe and regulated environment of implementing PCI DSS. WNS is the first BPO providers with a reputation at the company’s PCI DSS certification in category A? Level 1 Service Provider ????. Other IT services and business processes, organizations have learned from past injuries, and has implemented the information security management systems based on industry accepted standards such as ISO 27,001th Certification is a “must” in industry. BPO organizations have also focused on staff training. WNS is a clear example of the teacher colleges for more information on the methods of protection through the delivery of online lessons, DOA? Investment? S and donations? Ts checklists, information security manual, screensavers and other communication tactics, including the soil with concentrated discussions. The problem is that most of the world. A recent survey of U.S. online retailers who accept payment arrangements made overseas manufacturers report the top 10 countries in the world of fraud range from Russia, Nigeria, Canada [source: http://www . the Internet retailer. com], but not in India. However, companies should have a smart leasta) to verify compliance with the standards and ensure that they are outsourcing the organization must be duly approved, b) is the waterproof quality of service and penalties in full force, c) periodic audits customer leads to strict conditions are met, andd) to establish well-defined Service Level Agreements. Must eventually recognize that fraud is a global phenomenon, and companies that are certified and have trained staff, are those who do business with them.
Article Source:China Sourcing Blog
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