Small- and medium-sized businesses (SMBs) face significant payment security challenges due to financial and staffing constraints, making PCI DSS v4.0 compliance difficult. As cyber threats evolve, particularly ransomware, SMBs must strengthen security by adopting multifactor authentication, updating software, and securing payment systems. PCI DSS v4.0 introduces continuous compliance and a customized approach for security controls, allowing businesses to tailor their defenses while meeting compliance standards. With enforcement beginning in March 2024, SMBs should begin preparing now. Verizon offers structured services, including assessments and compliance validation, to help businesses navigate the transition and strengthen payment security frameworks.

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