A CPSA Company has submitted multiple reports that are incomplete and do not contain the information described in the reporting instructions. Which of the following are possible outcomes?
I'm going to go with B and D. The PCI SSC and the payment brands both have the power to hand out the punishments, and I have a feeling this company is about to get schooled in the world of compliance.
As someone who has had to fill out these reports, I feel for the poor soul at that CPSA company. They're probably wishing they had just used Mad Libs instead of the actual reporting instructions!
Hmm, I think all of the options are possible. This company is in big trouble! They better get their act together before the payment brands come knocking at their door.
I'd go with B and C. The PCI SSC has the authority to put companies into remediation or revocation, and the payment brands can also fine them for non-compliance.
A, C, and D seem like reasonable outcomes for incomplete and missing information in the reports. PCI and the payment brands can definitely take action against the company for not following the reporting instructions.
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