What should a company do to store customer credit card information securely?

Using a PCI-compliant payment processor is the appropriate way for a company to store customer credit card information securely. The Payment Card Industry Data Security Standard (PCI DSS) establishes a framework of requirements designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment. By utilizing a payment processor that adheres to these standards, companies can mitigate the risks associated with handling sensitive payment information.

This approach minimizes the company's liability and responsibility regarding data breaches and helps ensure that the payment data is handled in compliance with industry best practices. A reputable payment processor typically has advanced security measures, including tokenization and encryption, in place, making it a safer option for both the business and its customers. Additionally, it allows businesses to focus on their core activities instead of investing heavily in their own security infrastructure.