SY0-701 · Question #13
Which of the following is the most likely outcome if a large bank fails an internal PCI DSS compliance assessment?
The correct answer is A. Fines. What are the consequences of not being PCI DSS compliant? The fines imposed by the Card Brands and Acquiring Banks on merchants for non-compliance can range from $5,000 to $100,000 per month. These fines, along with credit monitoring fees, can impose substantial financial…
Question
Which of the following is the most likely outcome if a large bank fails an internal PCI DSS compliance assessment?
Options
- AFines
- BAudit findings
- CSanctions
- DReputation damage
How the community answered
(53 responses)- A81% (43)
- B4% (2)
- C11% (6)
- D4% (2)
Explanation
What are the consequences of not being PCI DSS compliant? The fines imposed by the Card Brands and Acquiring Banks on merchants for non-compliance can range from $5,000 to $100,000 per month. These fines, along with credit monitoring fees, can impose substantial financial strain on businesses, underscoring the necessity of abiding by the PCI DSS requirements.
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