06 Jul Read Chapter 3For this assignment, you must reply to this post

Read Chapter 3For this assignment, you must reply to this post and address the questions below, prior to 11:59 p.m. ET on Friday, March 16th . Continue to follow your classmates’ posts for the remainder of the week and post follow-up messages to at least two of your classmates’ posts prior to 11:59 p.m. ET on Sunday, March 18th. Your follow-up posts can add additional insight to a classmate’s opinions or can challenge their opinions. Use examples from the readings, or from your own research, to support your views, as appropriate. For your follow-up posts this week, you may wish to visit a couple of the web sites contributed by your classmates and share your opinion of these sites with the class. Be sure to read the follow-up posts to your own posts and reply to any questions or requests for clarification. You are encouraged to conduct research and use other sources to support your answers. Be sure to list your references at the end of your post. References must be in APA citation format.  All posts must be a minimum of 250-300 words. All follow-up posts to your classmates must be a minimum of 150 words for each required post. Peer responses posted after 11:59 pm on Sunday evenings will not be accepted or calculated into the weekly forum grade.  Word documents will not be accepted. You must type directly into the text editor.  Discussion assignments will not be accepted after the due date and time.   You must first create a discussion thread in order to be able to view other posts.  In order to properly answer the questions below, you must first complete Lab 3.      Discussion Grading Rubric (100 Points)       Synthesis of Concepts 55   Clear Citations using APA format 10   Writing Standards 10   Peer Reviews (minimum of 2) – Responses posted after the current week will not be accepted 25    Timeliness – 10% penalty if late on initial Friday post – If submitted after the Sunday deadline the discussion will result in a zero. 1. Explain why PCI Compliance is so important? 2. What are the implications for companies that are are not PCI compliant? What can potentially happen to if companies are not compliant? 3. The Payment Card Industry Data Security Standard (PCI DSS) is not a law, but merely a standard. What information systems security controls and countermeasures should be in place to achieve this standard. Please give examples to support your answer. 4. Suppose you were a consultant to a major corporation. What PCI-DSS compliant mitigation remedies would you recommend to your client?