Does this apply to me?
Both Visa and MasterCard impose fines for non-compliance. For fine information see the Visa or MasterCard compliance regulations.
Visa defines safe harbor as the following:
"Safe harbor provides members protection from Visa fines and compliance exposure in the event its merchant or service provider experiences a data compromise. To attain safe harbor status:
1. A member, merchant, or service provider must maintain full compliance at all times, including at the time of breach as demonstrated during a forensic investigation.
2. A member must demonstrate that prior to the compromise their merchant had already met the compliance validation requirements, demonstrating full compliance."
Safe Harbor
Visa defines safe harbor as the following:
"Safe harbor provides members protection from Visa fines and compliance exposure in the event its merchant or service provider experiences a data compromise. To attain safe harbor status:
1. A member, merchant, or service provider must maintain full compliance at all times, including at the time of breach as demonstrated during a forensic investigation.
2. A member must demonstrate that prior to the compromise their merchant had already met the compliance validation requirements, demonstrating full compliance."